openANX
Monthly Returns heatmap
Heatmap summary
openANX posted 7 positive months out of 22. The longest positive streak lasted 2 months, while the longest negative streak lasted 5 months.
- Strongest month
- Mar 2023 +88.6%
- Weakest month
- Dec 2024 -62.6%
- Longest positive streak
- 2 Sep 2023 — Oct 2023
- Longest negative streak
- 5 Apr 2023 — Aug 2023
- Luckiest calendar month
- Mar • avg 79% • 2 mo.
- Unluckiest calendar month
- Dec • avg -32.9% • 2 mo.
Networks
Supported exchanges
About the coin
openANX (OAX) is a cryptocurrency designed to facilitate the development of decentralized exchange (DEX) platforms. The project aims to create a robust and scalable infrastructure for peer-to-peer trading, enabling users to exchange digital assets directly without relying on intermediaries.
The core concept behind openANX revolves around building an open-source trading engine that can be integrated into various decentralized applications. This approach fosters innovation and allows developers to create customized trading experiences tailored to specific needs and markets.
OAX is the native utility token of the openANX ecosystem. It plays a crucial role in the functioning and governance of the platform, incentivizing participation and ensuring the smooth operation of the DEX infrastructure.
The token's utility within the ecosystem can encompass several aspects, including but not limited to:
- Fees for trading or platform services
- Staking mechanisms to secure the network or earn rewards
- Governance rights for token holders to influence project development
- Access to premium features or services
openANX is committed to addressing the challenges faced by traditional centralized exchanges, such as security risks, censorship, and lack of transparency. By leveraging blockchain technology, openANX seeks to provide a more secure, decentralized, and user-centric trading environment.
The project's focus on an open-source model encourages community involvement and collaborative development. This open approach aims to build a resilient and adaptable ecosystem that can evolve with the rapidly changing landscape of digital assets.
openANX is not a stablecoin, meaning its value is subject to market fluctuations and is not pegged to a stable asset like fiat currency.
The OAX token is currently active within the cryptocurrency space, indicating ongoing development and support for the project.
openANX operates on multiple blockchain networks, offering flexibility and wider accessibility. Specifically, OAX tokens can be found on:
BNB Smart Chain:
- Type: Token
- Token Standard: BEP-20
- Contract Address: 0x31720b2276df3b3b757b55845d17eea184d4fc8f
Ethereum:
- Type: Token
- Token Standard: ERC-20
- Contract Address: 0x701c244b988a513c945973defa05de933b23fe1d
The presence on these prominent blockchains allows OAX to interact with a broad range of decentralized applications and users within these ecosystems. The token's decimals are set at 18, which is standard for many ERC-20 and BEP-20 tokens, allowing for fine-grained transactions.
The openANX project aims to empower traders and developers by providing the foundational technology for a new generation of decentralized exchanges. Its commitment to open-source principles and multi-chain compatibility positions it as a project with potential in the evolving decentralized finance (DeFi) landscape.
Trust & methodology
Last updated:
Data source: Price and volume snapshots are maintained from the current Gygaz market dataset for this asset.
About Gygaz: Gygaz is a crypto transfer intelligence project focused on exchanges, assets and networks. We structure routing, support and market context so users can compare how crypto moves between platforms.