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OPNX’s 7-Day Trade Volume Average Hits $80 Million ATH, 69% of Minted $OX Staked

August 7, 2023
in Blockchain
Reading Time: 2 mins read
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OPNX, a platform that mixes crypto and real-world property (RWAs), has launched key statistics on August 7, 2023, highlighting a number of vital milestones in its current efficiency.

In line with the tweet, the 7-day commerce quantity common for OPNX has reached an all-time excessive (ATH) of $80 million. This determine represents a notable improve, although the precise share of progress was not specified within the announcement.

Moreover, 69% of the minted $OX, the native token of the OPNX platform, is now locked in staking. Staking is a course of the place customers lock their tokens to obtain rewards, and this excessive share signifies a robust dedication from the group to the platform’s ecosystem.

The tweet additionally talked about an ATH for $OX and elevated buying and selling quantity throughout liquidity swimming pools. Nonetheless, particular particulars concerning the ATH value or the precise improve in buying and selling quantity weren’t supplied.

An extra spotlight from the announcement is the conversion of 34.3 million $FLEX to $OX, with a time-sensitive 25% conversion bonus. The tweet didn’t elaborate on the deadline for this bonus or the explanation behind the conversion.

OPNX’s official Twitter account shared this data on “Statistics Sunday,” a doable common replace from the platform. The tweet garnered consideration, with 8,677 views, 14 retweets, 3 quotes, and 71 likes as of the date of the announcement.

OPNX is increasing the affect of its native tokens: $FLEX to $OX.

On August 6, 2023, based on Bloomberg, OPNX provided to inject $30 million in FLEX digital tokens into Hodlnaut to fund partial creditor payouts and finalize claims. FLEX, related to CoinFLEX alternate and valued at $729 million, climbed 15% to $7.39 up to now 24 hours. The court-submitted provide, if accredited, would end in OPNX proudly owning 75% of Hodlnaut, with collectors receiving as much as 95% of the overall obtainable company asset pool in FLEX and different tokens.

In March 2023, Coinflex rebranded to OPNX with Leslie Lamb as CEO and  3AC founders as precise controllers. OPNX reserved Coinflex’s native token $FLEX whereas issuing it’s native token $OX.

On Might 8, 2023, Coinflex revealed an announcement giving “all eligible CoinFLEX customers the chance emigrate their account balances and KYC data from CoinFLEX to OPNX for a seamless transition.”

Picture supply: Shutterstock

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Tags: 7dayATHAverageHitsMillionMintedOPNXsstakedTradeVolume
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