Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content. The Gridex, the first-ever on-chain trading protocol for the Ethereum ecosystem, has officially listed its native token, GDX, on the D5 Exchange.
CoinMarketCap data shows that GDX reached a record high of $0.742, an increase of 422%. Arbscan's data also shows that GDX is owned by over 10,000 addresses.
In an effort to enhance trading on D5 Exchange, Gridex has introduced trading pairs such as GDX/USDT, GDX/USDC, and GDX/GMX.With a maximum supply of 200 million, GDX's allocation is divided into 70% for community distribution, including airdrop, PoS rewards, and maker rewards, and the remaining 30% for project development and marketing, as well as rewarding core contributors and early investors.
The maker rewards campaign is currently being carried out on Arbitrum One on the GDX/ETH trading pair (0.05% grid), starting from March 15th, 2023.
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