The current real-time price of DXN is $0.2302. In the past 24 hours, DXN has traded between $0.2254 and $0.2340, showing strong market activity. The all-time high of DXN is $88.58, and the all-time low is $0.0942.
From a short-term perspective, the price change of DXN over the past 1 hour is , over the past 24 hours is +2.29%, and over the past 7 days is -1.47%. These figures provide a quick overview of the latest price trends and market dynamics of DXN on LBank.-5.96%
The live price of DXN today is $0.2302, with a current market cap of $0. The 24-hour trading volume is 524.83. The price of DXN to USD is updated in real time.
Before deciding whether to buy or sell DXN, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s DXN technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for DXN.
How much will DXN be worth tomorrow, next week, or next month in ? What about your DXN assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! DXN Price Prediction
To learn more about DXN, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xf5c8...522abd  | 3.402M | 86.05% |
ethereum | 0x9813...2c13ac | 52,535 | 1.33% |
ethereum | 0x7f80...a05372 | 44,306 | 1.12% |
ethereum | 0x69d6...154f1c | 41,017.00 | 1.04% |
ethereum | 0x2a96...c23a19 | 29,972 | 0.76% |
Other | 383.876K | 9.71% |
DBXen was created to address the inflationary nature of the XEN Crypto ecosystem. It aims to introduce a balanced approach by offering a capped supply of DXN liquid digital assets. These DXN tokens are minted by burning XEN tokens, providing a novel mechanism to manage XEN inflation and offering an alternative to other burning tokens within the XEN ecosystem. This initiative seeks to provide a more stable and predictable asset for participants.
The DBXen Protocol utilizes a system for distributing DXN cryptocurrency through an immutable and disinflationary minting schedule. It operates on 24-hour cycles where a predetermined pool of DXN tokens is allocated. Participants burn XEN tokens to claim a share of this pool. The amount of DXN received by each participant is proportional to the amount of XEN they burned in that cycle. The protocol is built on three smart contracts: DBXen.sol, DBXenERC20.sol, and DBXenViews.sol, ensuring transparency and automated execution.
DXN is designed with a capped supply of approximately 5 million tokens, planned for minting over 62 years through a gradual release. A significant feature is its disinflationary model, where the daily reward pool decreases by about 0.2%, promoting scarcity and long-term value. The protocol employs a buy-and-burn fee-sharing mechanism. Importantly, there were no pre-mints or private allocations, ensuring a fair launch and equitable distribution to all participants.
DXN tokens offer multiple utilities. Holders can stake their tokens within the DBXen Protocol to earn daily dividends paid in native cryptocurrencies like ETH, BNB, and AVAX. Beyond staking, DXN can be held for potential future value or utilized to support the development of future decentralized applications (dApps) built on the DXN platform. A protocol fee charged for burning XEN tokens helps sustain operations and is distributed to staked DXN holders, enhancing the token's economic model.
DXN tokens are primarily obtained by participating in the DBXen Protocol's minting process, which involves burning XEN tokens. This occurs in 24-hour cycles where a pool of DXN is distributed. Users burn XEN in specific batches, typically 2.5 million XEN per batch, to contribute to the cycle. A protocol fee is also incurred during this burning process. This mechanism ensures that DXN is distributed based on active participation and contribution to the XEN token burn.
DBXen places a strong emphasis on fully decentralized DeFi mechanics, self-custody, and consensus-driven operation, avoiding centralized manipulation of economic value. The entire protocol is engineered using transparent smart contracts, which are immutable once deployed. This design principle ensures that the protocol operates autonomously without external control or ownership, providing a high degree of security and trustworthiness. Its foundational principles align with community-governed protocols, promoting a robust and resilient ecosystem.
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