NASDEX Price

NASDEX is a decentralized synthetic asset exchange launched in 2021 on the Polygon blockchain. It allows users to mint tokenized stocks through an over-collateralized mechanism, mirroring real-world stock prices for on-chain trading and liquidity mining. Key features of NSDX: - Current price: $0.006392 - 24h change: +2.12% - Market cap: $121.35K - Circulating supply: 18.98M NSDX - Max supply: 100M NSDX NSDX aims to bring traditional stock market exposure to DeFi, enabling users to gain synthetic exposure to stocks without leaving the blockchain ecosystem. The project focuses on providing a decentralized alternative for trading tokenized versions of traditional financial assets. As of 2025-08-03, NASDEX ranks #4923 by market cap. While it has seen significant price volatility since launch, reaching an all-time high of $0.9085 in October 2021, the project continues to develop its synthetic asset trading platform and expand its offerings.

NASDEX was created on September 27, 2021. The cryptocurrency was launched on the Polygon platform as a decentralized synthetic asset exchange. NASDEX aims to allow users to mint tokenized stocks through an over-collateralization mechanism, mapping real-world stock prices for on-chain trading and liquidity mining. Since its creation, NASDEX has been listed on multiple exchanges and has seen significant price fluctuations, reaching an all-time high of $0.908581 on October 10, 2021. The project continues to develop its ecosystem and expand its offerings in the decentralized finance space.

The founders of NASDEX are not publicly disclosed. NASDEX was launched in September 2021 as a decentralized synthetic asset exchange on the Polygon blockchain. While the founding team has chosen to remain anonymous, they have developed NASDEX to allow users to mint tokenized stocks through an over-collateralization mechanism, enabling on-chain trading and liquidity mining that mirrors real-world stock prices. The project aims to bring traditional financial assets into the decentralized finance ecosystem in a novel way. As of 2025-08-03, NASDEX has a market cap of $121.35K and is ranked 4923 among cryptocurrencies. The NSDX token serves as the native utility token for the NASDEX platform.

NASDEX operates as a decentralized synthetic asset exchange on the Polygon network. Here's how it works: 1. Users can mint tokenized stocks by over-collateralizing assets. 2. These synthetic stocks track real-world stock prices through oracles. 3. Traders can buy, sell, and swap these tokenized stocks on the NASDEX platform. 4. Liquidity providers can earn rewards by supplying assets to trading pools. 5. The native NSDX token is used for governance and staking. 6. Smart contracts automate the minting, trading, and liquidation processes. 7. Price feeds ensure synthetic assets closely mirror their real-world counterparts. 8. The protocol aims to provide 24/7 access to traditional stock markets on-chain. 9. Users can gain exposure to stocks without directly owning the underlying assets. 10. NASDEX enables fractional ownership and global access to tokenized equities. This innovative model allows for decentralized trading of synthetic stocks, expanding access to traditional markets through blockchain technology.

NASDEX utilizes a multi-layered technical architecture built on the Polygon network. At its core, it employs smart contracts for token minting, trading, and liquidity provision. The platform uses an oracle system to fetch real-world stock prices, enabling the creation of synthetic assets that mirror traditional equities. NASDEX's architecture includes: 1. Token Layer: ERC-20 compliant NSDX tokens on Polygon. 2. Synthetic Asset Layer: Smart contracts for minting and managing tokenized stocks. 3. Trading Layer: Decentralized exchange protocols for trading synthetic assets. 4. Liquidity Layer: Automated market maker (AMM) pools for providing liquidity. 5. Oracle Layer: Price feeds to ensure accurate asset pricing. 6. Governance Layer: On-chain voting mechanisms for protocol upgrades. This architecture allows NASDEX to offer decentralized trading of synthetic stocks with high throughput and low fees on the Polygon network. The platform's design prioritizes scalability, security, and user accessibility, making it a unique solution in the DeFi space for tokenized stock trading.

The future of NASDEX looks promising, with several key developments on its roadmap: 1. Expansion of synthetic assets: NASDEX plans to add more tokenized stocks and other real-world assets to its platform by 2026. 2. Cross-chain integration: The team aims to integrate with other major blockchain networks beyond Polygon and BNB Chain by 2027, increasing accessibility and liquidity. 3. Governance token launch: A DAO governance model using NSDX tokens is scheduled for implementation in 2026, giving users more control over the protocol's future. 4. Improved oracle system: Enhanced price feed accuracy and reliability are planned for 2026 to ensure more precise asset pricing. 5. Mobile app release: A user-friendly mobile application is set to launch in 2027, making synthetic asset trading more accessible. 6. Institutional partnerships: NASDEX is actively seeking collaborations with traditional finance institutions to bridge TradFi and DeFi, with major announcements expected by 2030. 7. Layer 2 scaling: Implementation of Layer 2 solutions to reduce transaction costs and increase throughput is targeted for 2027. With these developments, NASDEX aims to become a leading platform for synthetic asset trading in the Web3 ecosystem, potentially reaching a price of $0.01122 by 2030.