What is Matrix Protocol (MTX)?

Matrix Protocol is a decentralized communication protocol designed to facilitate secure and private messaging across various platforms. At the heart of this protocol is the Matrix Token, abbreviated as MTX, which plays a crucial role in the ecosystem by enabling users to engage in transactions and access various services within the Matrix network. The Matrix Protocol aims to address the growing concerns surrounding data privacy and security in digital communications. By leveraging blockchain technology, it ensures that all messages are encrypted and that users maintain control over their data. This decentralized approach eliminates the need for centralized servers, which are often vulnerable to breaches and unauthorized access. Instead, communication occurs directly between users, enhancing both privacy and security.

Matrix Protocol (MTX) price statistics

As of February 5, 2025, the current price of the MTX token on DEX markets is $0.0000000004381, with a total DEX liquidity TVL of $40,811.92. The MTX token trades on 1 blockchains and 2 DEX (decentralized exchanges). The total DEX trading history for the last 24 hours includes 4 trades (TXNS) with a trading volume of $7.05.

Frequently Asked Questions

What is the DEX daily trading volume of Matrix Protocol (MTX)?

The total 24-hours trading volume on all DEX exchanges for MTX token is $7.05.

What is the DEX TVL (Total Value Locked) of Matrix Protocol (MTX)?

The total DEX TVL of Matrix Protocol (MTX) is $37,189.92 in the last 24 hours.

What blockchain is the token MTX launched on?

The Matrix Protocol MTX token is launched on the BNB Chain.

What is the exchange rate of 1 USD to MTX?

DEX exchange rate of 1 MTX to USD is $0.0000000004381 as of 5:50 AM UTC.

How much MTX can I purchase with 1 USD?

Based on DEX current exchange rate, you can buy 2,282,262,727.992544 MTX for 1 USD.