Dexe update: DEXE Live price, price chart, news and markets

The DEXE price update as of now is $4.03. In the previous 24 hours, its trading volume was $2,341,975, and its value has decreased by -4.05%. As of now, DEXE's live market cap is $337,582,416, and it is ranked as the #163 on the Coincu. DEXE has a circulating supply of 96,504,599 and a maximum supply of 96,504,599.

The Power of Dexe Token in Enabling an Open and Permissionless System

Dexe token (DEXE) plays a crucial role in facilitating an open and permissionless system. By adhering to protocol rules and contributing resources, participants can easily reach consensus. The token serves two vital functions:

Automatic Buyback and Distribution

The Dexe token empowers automatic buyback and distribution among insurance vaults, farming rewards for token holders, and the burning of tokens to secure a percentage of traders' rewards.

Participation in DeXe DAO

While it is not mandatory to possess DEXE tokens to engage in DeXe.network and take advantage of its social trading functions, being a DEXE token holder provides additional benefits. DeXe aims to upload the DEXE smart contract into the open-source community, embracing the principles of free speech and the fundamental tenets of its Memorandum. However, to fully engage in the community, acquire voting rights, actively contribute through proposals, and enjoy incentives within the network, users must acquire DEXE tokens and become esteemed members of the DAO.