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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| IDEX | -82.84% | -91.61% | -39.07% | -98% |
| S&P | +11.79% | +73.73% | +11.67% | +141% |
IDEX is a cryptocurrency token linked to the IDEX decentralized exchange. It’s an ERC-20 token on the Ethereum blockchain, used for governance and operations on the exchange. Token holders can vote on decisions, get a share of trading fees, and pay transaction fees. IDEX combines the speed of centralized exchanges with the security of decentralized ones, using a hybrid architecture that leverages off-chain and on-chain processes. It was created by Alex Wearn and Philip Wearn of Aurora Labs S.A.
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