LogX Network Price
(LOGX)
USD($)
LogX Network (LOGX) Live Price Chart
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FAQ
LogX Network Live Price Data
The live price of LogX Network is $0.04320, with a total trading volume of $ 43,174 in the last 24 hours. The price of LogX Network changed by +2.31% in the past day, and its USD value has decreased by -24.32% over the last week. With a circulating supply of -- LOGX, the market cap of LogX Network is currently -- USD, marking a --% increase today. LogX Network currently ranks #-- in market cap.
How do you feel about LogX Network today?
Note: This data is for reference only.
LogX Network(LOGX) Profile
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Contract
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$0.04180
$0.04611
- ATH
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- Price Change (1h)
- -0.87%
- Price Change (24h)
- +2.31%
- Price Change (7d)
- -24.32%
- Market Cap
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- 24h Volume
- $43,174
- Circulating Supply
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About LOGX
How can I buy LogX Network (LOGX)?
Buying LOGX on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy LogX Network (LOGX) for more information. What Is LogX Network (LOGX) Crypto?
LogX Network (LOGX) is a decentralized finance (DeFi) superapp designed for trading a variety of assets like perpetual contracts, leveraged prediction markets, and real-world assets (RWAs). It offers a seamless trading experience similar to centralized exchanges but with zero gas fees and fast transactions. The platform is built to scale across multiple blockchain networks, including Solana, Bitcoin, and Ethereum Virtual Machine (EVM) ecosystems, using advanced technologies like Arbitrum and Hyperlane for high performance.
LogX supports retail traders with features like gasless trading, multi-asset support, and up to 20x leverage for prediction markets. It also aggregates liquidity from major centralized exchanges, ensuring users have access to deep liquidity pools.
How Does LogX Network Work?
LogX Network is a DeFi superapp designed to provide seamless trading experiences for various financial products. It integrates features like perpetual markets, leveraged prediction markets, and meme coin trading. The platform aggregates liquidity from top centralized exchanges (CEXs), allowing users to access unlimited liquidity for their trades.
LogX leverages technologies like Arbitrum for scaling, Hyperlane for cross-chain communication, and AltLayer for network customization. These enable fast, gasless trading across more than 50 blockchain networks, ensuring smooth transactions with low fees. It also offers leveraged prediction markets with up to 20x leverage, and a launchpad for meme coins and real-world assets.
LogX aims to provide a CEX-like experience with high security, scalability, and ease of use, making it ideal for retail users looking for advanced DeFi trading options.
History of LogX Network and LOGX Coin
LogX Network was launched in July 2023 and was co-founded by Akshit Bordia and Anshu Agrawal, who have a background in blockchain and fintech development. The platform has rapidly grown, reaching over $20 billion in trading volume and gaining more than 1 million users within the first 10 months.
LogX is designed to provide a seamless trading experience, with features like leveraged prediction markets, perpetual trading pairs, and meme coin trading. The platform supports over 50 blockchain networks, including Arbitrum, Hyperlane, and AltLayer, ensuring fast and scalable transactions. In September 2024, LogX launched its mainnet and introduced its native token, $LOGX, which powers governance and gas fee payments across the platform.
The roadmap includes expanding leveraged prediction markets, integrating real-world assets (like real estate), and adding a mobile app for on-the-go trading.
What Is LOGX Token Used for?
The $LOGX token is a core part of the LogX Network ecosystem, serving multiple important functions:
1. Governance: You can stake $LOGX to participate in governance through a decentralized autonomous organization (DAO). This allows you to vote on key decisions like adding new blockchain integrations and approving budgets.
2. Revenue Sharing: If you stake $LOGX, you will receive a share of the platform’s net revenue through a buyback and distribution model. This allows you to earn passive income from the platform’s trading activities.
3. Gas Fees: $LOGX is used as the native gas token for transactions on the network. Stakers also get a 100% gas fee subsidy, making it cheaper to trade on the platform.
4. Trading Rewards: You earn boosted rewards when using the LogX platform for trading, especially if you hold or stake $LOGX.
5. Airdrops: Stakers are eligible for exclusive airdrops from both LogX and its ecosystem partners, providing additional earning opportunities.
6. Early Access: By holding and staking $LOGX, you gain early access to premium features and tools within the platform.
In addition, you can trade LogX Network token against other cryptos listed on the KuCoin Spot Market to make the most of changing market conditions. After doing your own research, you can buy, sell or HODL $LOGX in your portfolio based on your investment goals and risk tolerance.
What Is LogX Network Tokenomics?
The $LOGX token has a maximum supply of 1 billion tokens and is designed to support the LogX Network's decentralized ecosystem. The tokenomics breakdown is as follows:
1. 40% is allocated to community rewards, aimed at incentivizing users and liquidity providers, and enhancing platform participation through trading and staking rewards.
2. 12% is reserved for airdrops, rewarding early supporters and adopters.
3. 17% is allocated to investors and advisors, with a lock-up and vesting schedule to attract strategic partnerships.
4. 16% is set aside for the core team, ensuring long-term commitment to the platform’s growth.
5. 15% is allocated to the LogX Foundation, which will manage liquidity, grants, and partnerships.
LogX Network (LOGX) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $0.00097 | 2.32% |
| 7 Days | $-0.01389 | -24.33% |
| 30 Days | $0.00373 | 9.47% |
| 3 Months | $0.01509 | 53.71% |
24H Investment Barometer
24H
- Strong Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Strong SellSellNeutralBuyStrong Buy
LogX Network Conversion Rate
FAQ
How much is 1 LogX Network (LOGX) worth?
KuCoin provides real-time USD price updates for LogX Network (LOGX). LogX Network price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time LOGX to USD exchange rates. Is LogX Network (LOGX) a Good Investment?
These benefits make LogX a potentially attractive option for both traders and long-term investors looking to participate in a growing decentralized finance ecosystem.
1. Revenue Sharing: By staking $LOGX, you earn a share of the platform's revenue, giving you a passive income stream based on trading activities.
2. Boosted Trading Rewards: $LOGX holders get boosted rewards for trading and other activities on the platform, incentivizing more engagement.
3. Governance Participation: Staking $LOGX gives you the power to vote on important decisions related to the platform's development, such as integrating new blockchains and budget approvals.
4. Gas Fee Subsidy: When using the platform, stakers receive a 100% gas fee subsidy, making transactions more cost-effective.
5. Strong Backing: LogX has raised significant funds from well-known investors, which signals confidence in its long-term growth potential.
What Is LogX Network Price Prediction?
These factors combine to create a dynamic environment that affects the LOGX price prediction over time.
1. Market Demand and Adoption: The popularity of LogX Network's DeFi features, like perpetual markets and leveraged prediction markets, directly affects demand for LOGX tokens and the LogX Network price. Higher usage and trading volume can lead to increased token value.
2. Staking and Rewards: Staking rewards play a significant role. When more users stake LOGX to earn passive income or governance rights, it reduces the token’s circulating supply, potentially driving up the LOGX price.
3. Airdrops and Incentives: LogX allocates 12% of its token supply for airdrops to early supporters. This can lead to increased interest in the token during distribution periods, impacting the LOGX to USD price.
4. Market Conditions: Broader crypto market trends, such as Bitcoin price movements, liquidity, and overall sentiment, can influence the LOGX token price, especially since it's integrated with multiple blockchain networks.
5. Development and Roadmap Milestones: Updates, new features, or expansions to other blockchain networks can boost investor confidence and influence the LOGX coin price. Major partnerships or new products in the LogX ecosystem also contribute to $LOGX price fluctuations.
How to Earn LOGX Tokens on LogX Network
You can earn LogX Network (LOGX) tokens through several methods on the platform:
1. Staking: You can stake $LOGX to earn staking rewards. The longer you stake, the higher the reward yield, with up to 25% annual percentage yield (APY) for longer durations. Staking also provides governance rights and discounts on trading fees.
2. Trading: By trading on the LogX platform (both on the testnet and mainnet), you can earn $LOGX as part of their "trade-to-earn" rewards system. Higher trading volumes and activity lead to more rewards.
3. Airdrops: $LOGX holders and stakers are eligible for ecosystem and partner airdrops. These occur regularly and reward early adopters and active users.
4. Referral Program: You can also earn rewards by referring new users to the platform, receiving a percentage of their trading fees as a rebate.
These earning opportunities make the LogX ecosystem engaging for both active traders and long-term stakers.
What is the market cap of LogX Network (LOGX)?
The current market cap of LOGX is $26.99M. It is calculated by multiplying the current supply of LOGX by its real-time market price of $26.99M.
How do I store LogX Network (LOGX)?
You can securely store your LogX Network in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your LOGX include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.