
LogX LOGXPrice $ 0.0152
Rank: 1584
LOGX Price
General Info
Contracts/Explorers:
Ethereum
Funds and Backers
LogX (LOGX) Chart
LOGX to USD Converter

IEO
22 Sep 2024 — 24 Sep 2024
Raised
$ 70.00K
Price:
$ 0.100
ROI:
0.15x -84.8%
Platform:
N/A
ATH ROI:
1.17x +17%










What is LogX (LOGX)?
LogX Liquidity Pool is a stable asset pool constituting USDC and USDT. Which means traders can trade using USDC or USDT as collateral and PnL of the traders are also settled in the same collateral token. Liquidity providers can provide USDC/USDT in return for the LLP token which is the liquidity token for LogX.
LogX uses a dark oracle that aggregates prices from various centralised and decentralised dexes to agree upon a common median value of price. This aggregated price value is compared against price from the Pyth Oracle network and written to chain. This comparison is done on chain and the aggregation from multiple sources makes sure that a common market price for token pair is taken into consideration.
LogX liquidity pool is composed of stable tokens (USDC and USDT). Every trade is placed against a collateral token of either of these two stable tokens. This eliminates the issue of maintaining high liquidity for each token pair separately, which one would have to do in an order book model for a DEX.
Traders can trade against the liquidity pool regardless of the index token; the same liquidity will be available for each index token listed on LogX. This means that as long as the platform has enough stable token liquidity, traders can use that liquidity to open leveraged positions on any index token.
LogX Price Today
LogX's current price is $ 0.0152, it has increased +0.11% over the past 24 hours.
LogX's All Time High (ATH) of $ 0.117 was reached on 24 Sep 2024, and is currently -87% down.
The current circulating supply of LogX is 130.00 Million tokens, and the maximum supply of LogX is 1.00 Billion.
LogX’s 24 hour trading volume is $ 3.74 Million.
LogX's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 1.98 Million.
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