HMX Price

HMX is a decentralized perpetual protocol operating on the Arbitrum network. It offers cross-margin trading and supports multiple assets as collateral. Key features of HMX include: - Current price: $0.05382 - 24h change: -0.24% - Market cap: $246.42K - Circulating supply: 4.57M HMX - Total supply: 10M HMX - All-time high: $11.9 (reached on March 14, 2024) - All-time low: $0.1579 (reached on April 8, 2025) HMX aims to provide a robust platform for decentralized derivatives trading. It was launched on June 13, 2023, and has since gained traction in the DeFi space. The protocol allows users to trade perpetual contracts with leverage while maintaining full custody of their assets. Looking ahead, HMX has potential for growth: - 2027: -- - 2031: -- - 2036: -- As the DeFi ecosystem expands, HMX's innovative features and focus on decentralized derivatives trading position it well for future adoption and value appreciation.

HMX was created on June 13, 2023. It was launched as a decentralized perpetual protocol on the Arbitrum network, offering cross-margin trading and multi-asset collateral support. Since its inception, HMX has aimed to provide innovative decentralized finance (DeFi) solutions in the derivatives trading space. The project has gained traction in the crypto community, currently ranking 3809 among all cryptocurrencies with a market cap of $246.42K. As of 2026-05-06, HMX is trading at $0.05382 with a 24-hour trading volume of $69.08K. The total supply of HMX tokens is capped at 10M HMX, with 4.57M HMX currently in circulation. Despite market fluctuations, HMX has shown resilience and continues to develop its ecosystem, attracting traders and investors interested in decentralized derivatives platforms.

The founders of HMX have not been publicly disclosed. HMX is a decentralized perpetual protocol that operates on the Arbitrum network. It was launched on June 13, 2023 with a focus on providing cross-margin and multi-asset collateral support for decentralized trading. While the founding team remains anonymous, HMX has gained traction in the DeFi space, currently ranking 3809 among cryptocurrencies with a market cap of $246.42K. The project is actively developed and maintained, with a total supply of 10M HMX HMX tokens and a circulating supply of 4.57M HMX. For the latest updates and information, users can follow HMX's official Twitter account @HMXorg or join their community channels on Telegram and Discord.

HMX operates as a decentralized perpetual protocol on the Arbitrum network. It utilizes a cross-margin system and supports multiple assets as collateral. Key features include: 1. Decentralized trading: Users can trade perpetual contracts without intermediaries. 2. Cross-margin: Allows traders to use their entire portfolio as collateral, improving capital efficiency. 3. Multi-asset collateral: Supports various cryptocurrencies as collateral, enhancing flexibility. 4. Arbitrum integration: Leverages Arbitrum's layer 2 scaling solution for faster and cheaper transactions. 5. Tokenomics: HMX has a max supply of 10M HMX tokens, with 4.57M HMX currently in circulation. 6. Governance: HMX token holders can participate in protocol governance decisions. 7. Liquidity mining: Users can earn HMX tokens by providing liquidity to the protocol. The protocol aims to offer a robust, efficient, and user-friendly platform for decentralized perpetual trading, combining the benefits of DeFi with advanced trading features.

HMX utilizes a decentralized architecture built on the Arbitrum network. Its technical structure includes: 1. Smart contracts: Deployed on Arbitrum for efficient and low-cost transactions. 2. Cross-margin system: Allows users to manage risk across multiple positions using a shared collateral pool. 3. Multi-asset collateral support: Enables traders to use various cryptocurrencies as collateral. 4. Perpetual contracts: Offers perpetual futures trading with no expiration date. 5. Automated Market Maker (AMM): Provides liquidity and determines asset prices algorithmically. 6. Governance mechanism: Allows HMX token holders to participate in protocol decisions. 7. Oracle integration: Uses decentralized price feeds to ensure accurate and manipulation-resistant pricing. 8. Layer 2 scaling: Leverages Arbitrum's Layer 2 solution for improved scalability and reduced gas fees. This architecture enables HMX to offer a robust, efficient, and user-friendly decentralized derivatives trading platform with enhanced liquidity and reduced costs compared to traditional centralized exchanges.

HMX has an ambitious roadmap for the future. Key milestones include: • 2026: Expanding cross-chain support beyond Arbitrum to other major networks • 2027: Launching advanced trading features like portfolio margin and exotic derivatives • 2028: Introducing on-chain options trading and structured products • 2031: Becoming a leading decentralized derivatives exchange with $10B+ daily volume The team is focused on improving liquidity, user experience, and expanding HMX's ecosystem. They aim to capture significant market share in the growing DeFi derivatives space. Price predictions suggest potential growth: • 2027: -- • 2031: -- • 2036: -- With its innovative cross-margin system and multi-asset collateral support, HMX is well-positioned to become a major player in decentralized perpetual trading. Continued development and adoption could drive substantial long-term value for HMX token holders.