reddex

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

reddex's governance or utility token carries a market capitalisation of 35.064,2 $ based on circulating supply at the latest DeFiLlama snapshot. Token market cap (35.064,2 $) and TVL (32.697,1 $) trade close together, giving a mcap/TVL multiple of 1.07× — broadly the range market participants treat as "fair" for an established DeFi protocol. A further 2,4 Mio. $ sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Nov 18, 2024
   Auf DeFiLlama gelistet

reddex is a DEX — a decentralised exchange where users swap assets against on-chain liquidity pools rather than a central order book. It is deployed across 3 chains, including Redbelly, Binance, Ethereum.

reddex operates on 3 networks (Redbelly, Binance, Ethereum), keeping its surface area narrower than chain-agnostic peers. Roughly 100% of its on-chain value sits on just three networks (Redbelly-staking, staking, Redbelly), so a fault on any one of them would affect a large slice of users. Token market cap (35.064,2 $) and TVL (32.697,1 $) trade at a ratio of 1.07, in the range generally considered normal for an established DeFi protocol.

Verified external resources for reddex — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

reddex is one of 7 DEX protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Curve DEX, Uniswap V3, PancakeSwap AMM, and 3 more. These peer protocols collectively secure 8 Mrd. $ in deposits, giving you a frame of reference for whether reddex's own TVL is at the top, middle, or tail of the category.

Curve DEX

TVL 1,9 Mrd. $ · 24h +0.39%

Uniswap V3

TVL 1,8 Mrd. $ · 24h -0.67%

PancakeSwap AMM

TVL 1,7 Mrd. $ · 24h +0.14%

Raydium AMM

TVL 1,1 Mrd. $ · 24h +0.66%

Uniswap V2

TVL 872,4 Mio. $ · 24h -0.17%

Uniswap V4

TVL 670,6 Mio. $ · 24h -0.47%