• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

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

August 7, 2023
in Blockchain
Reading Time: 2min read
0 0
A A
0
OPNX’s 7-Day Trade Volume Average Hits $80 Million ATH, 69% of Minted $OX Staked
0
SHARES
8
VIEWS
ShareShareShareShareShare

OPNX, a platform that combines crypto and real-world assets (RWAs), has released key statistics on August 7, 2023, highlighting several significant milestones in its recent performance.

According to the tweet, the 7-day trade volume average for OPNX has reached an all-time high (ATH) of $80 million. This figure represents a notable increase, though the exact percentage of growth was not specified in the announcement.

Furthermore, 69% of the minted $OX, the native token of the OPNX platform, is now locked in staking. Staking is a process where users lock their tokens to receive rewards, and this high percentage indicates a strong commitment from the community to the platform’s ecosystem.

The tweet also mentioned an ATH for $OX and increased trading volume across liquidity pools. However, specific details regarding the ATH price or the exact increase in trading volume were not provided.

An additional highlight from the announcement is the conversion of 34.3 million $FLEX to $OX, with a time-sensitive 25% conversion bonus. The tweet did not elaborate on the deadline for this bonus or the reason behind the conversion.

OPNX’s official Twitter account shared this information on “Statistics Sunday,” a possible regular update from the platform. The tweet garnered attention, with 8,677 views, 14 retweets, 3 quotes, and 71 likes as of the date of the announcement.

OPNX is expanding the influence of its native tokens: $FLEX to $OX.

On August 6, 2023, according to Bloomberg, OPNX offered to inject $30 million in FLEX digital tokens into Hodlnaut to fund partial creditor payouts and finalize claims. FLEX, associated with CoinFLEX exchange and valued at $729 million, climbed 15% to $7.39 in the past 24 hours. The court-submitted offer, if approved, would result in OPNX owning 75% of Hodlnaut, with creditors receiving up to 95% of the total available corporate asset pool in FLEX and other tokens.

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

On May 8, 2023, Coinflex published an announcement giving “all eligible CoinFLEX users the opportunity to migrate their account balances and KYC information from CoinFLEX to OPNX for a seamless transition.”

Image source: Shutterstock


Credit: Source link

ShareTweetSendPinShare
Previous Post

Minsheng Bank Makes Digital Yuan Push

Next Post

Adam Back’s Bet on 2024 Halving & Whales’ Confidence Boost Amid Market Turbulence

Next Post
Adam Back’s Bet on 2024 Halving & Whales’ Confidence Boost Amid Market Turbulence

Adam Back's Bet on 2024 Halving & Whales' Confidence Boost Amid Market Turbulence

You might also like

Coinbase Quantum Report Warns Millions Of Bitcoin Could Face

Coinbase Quantum Report Warns Millions Of Bitcoin Could Face

June 14, 2026
IBM Leverages AI to Discover Quantum Error Correction Codes

IBM Leverages AI to Discover Quantum Error Correction Codes

June 11, 2026
Ethereum Shorts Pile Up On Binance As Squeeze Risk Grows

Ethereum Exchange Reserves Lose 475,000, Is The Red Month Of June A Time To Buy?

June 11, 2026
2028 Race Shifts as JD Vance Leads Polymarket Odds despite Market Volatility

2028 Race Shifts as JD Vance Leads Polymarket Odds despite Market Volatility

June 14, 2026
Alleged Trump-Iran Peace Deal Fuels Market Optimism Ahead of Reported June 19 Signing

Alleged Trump-Iran Peace Deal Fuels Market Optimism Ahead of Reported June 19 Signing

June 15, 2026
Bitcoin ETFs Snap Outflow Streak While Ether Funds Stay Unde

Bitcoin ETFs Snap Outflow Streak While Ether Funds Stay Unde

June 15, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

What The Bitcoin Price Is Doing Now After Bouncing From $59,000

Standard Chartered Watches Three Signals For A Bitcoin Botto

June 15, 2026
XRP Price Prediction: Ripple Jumps 10% as Crypto Total Market Cap Closing $2.4T

XRP Price Prediction: Ripple Jumps 10% as Crypto Total Market Cap Closing $2.4T

June 15, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.