Dear CoinEx users,
Details of CoinEx's monthly ecology report for September are as follows:
1. CET Statistics
(1) Burning details
70,253,324.74 CET was repurchased in September 2021, a total value of 4,496,173.19 USD. So far, CoinEx has cumulatively burnt 5,916,492,189.30 CET.
The Monthly CET Repurchase & Burning: September, 2021
(2) Circulation status
Existing amount: 4,019,632,203.00 CET
Circulating amount: 4,019,632,203.00 CET
Deflation rate of circulating capital this month: 1.74%
Note: Deflation rate of circulating capital = Total repurchase this month / Total circulation this month = 70,253,324.74/ 4,019,632,203.00 ≈ 0.0174
About CET: https://www.coinex.com/token
2. CoinEx Updates
(1) Statistics
Compared with August 2021, CoinEx spot trading volume in September 2021 increased by 0.6%, and perpetual trading volume in September 2021 decreased by 2.0%. Currently, CoinEx has supported 363 cryptocurrencies, with 629 spot trading pairs, 181 margin trading pairs, 57 perpetual contracts and 432 AMM markets.
(2) Newly listed cryptocurrencies
CoinEx has listed DYDX, RGT, XED, VEGA, KIN, BTRST and other 13 coins/tokens in September. The prices and changes are as follows:
Coins |
Opening Price (USDT) |
Highest Price (USDT) |
Max. Change |
DYDX |
14.2594 |
27.7921 |
94.90% |
RGT |
15.0000 |
27.9902 |
86.60% |
XED |
0.5586 |
1.0284 |
84.10% |
VEGA |
17.8280 |
23.8394 |
33.72% |
KIN |
0.00011800 |
0.00013750 |
16.53% |
(3) Activities
In September, CoinEx distributed a total of 15,000 USD in the following activities:
(4) Features & Services
- Fully supported Arabic version: Both in App and on Web
- Released service of “Selling Crypto” (Available on web only)
- Released transaction statistics and PNL analysis (Available on web only)
- Added 11 USDT-M perpetual contract markets including FTM, AVAX, XEC, etc.
- Adjusted AMM function of some markets and added two new AMM markets
- Supported BAND, AVAX, PIVX, LUNA network upgrade, ADA, KMD network upgrade and hard fork
- Completed DON airdrop distribution to IOST holders
(5) Market updates
- On Sep 6, Vietnamese media, Bigcoinvietnam/Cryptoviet/Tapchibitcoin, published articles to introduce CoinEx to Vietnamese users;
- On Sep 7, Criptofácil reported that the Portuguese version was officially launched on CoinEx website;
- On Sep 9, the blockchain media Cointelegraph reported the official launch of German version on CoinEx website. The article mentioned the excellent operation of CoinEx's overseas localization.
- On Sep 10, the Russian Youtube channel of CoinEx was officially established;
- On Sep 10, Cointelegraph BR/Livecoins reported the launch of Portuguese on site and the relative activity.
- On Sep 10, CoinEx CEO Yang Haipo joined the 3rd round of Persian Q&A Event to share CoinEx's development philosophy with Persian users.
- On Sep 10, Turkish version was launched on CoinEx website and the first round of beginner's summer camp was held, which was reported by Turkish industry media Kriptokoin.
- On Sep 13, Russian media ProBlockchain released a video introducing CoinEx's AMM and Financial account functions;
- On Sep 15, the winners of CoinEx video competition in Russian area were announced;
- On Sep 16, blockchain media TokenInsight reported that the CSC hackathon was officially launched.
- On Sep 23, Forklog reported the launch of CoinEx's service of "Selling Crypto”.
- On Sep 23, Cointelegraph.ar/Cryptolight/Satoshiat reported the launch of Arabic version in CoinEx App. The article mentioned the rapid development of CoinEx in the Mid-East area.
- On Sep 26, Coin68/Blogtienao reported that the Metaverse project was launched on the CSC public chain.
- On Sep 30, the recently popular project, Axie Infinity, joined CoinEx Spanish group chat and Earn-to-play with Spanish users!
3.CoinEx Institution
CoinEx Academy
- CoinEx Academy : Differences and Similarities Between DEX and CEX
- CoinEx Academy: Another Wave of Highly Lucrative Airdrops, What is DYDX?
- CoinEx Academy: How Does ADA Solve the Impossible Triangle?
- CoinEx Academy: How Did ADA Achieve A 30-fold Increase in Just One Year?
- CoinEx Academy: What Does the NFT Deal Offer?
- CoinEx Academy: What Is NFT? What Makes NFT So Popular?
- CoinEx Academy: Does the Ethereum London Upgrade Mark A New Bull Run?
- CoinEx Academy: From Ethereum 1.0 to Ethereum 2.0
- CoinEx Academy: Everything You Need to Know About Stablecoins
- CoinEx Academy: Loot Plummeting by 75%, What Happened?
CoinEx Research
- CoinEx Institution | Mind-blowing! How Fractionalization Gives Rise to the Most Expensive NFT Art Ever
- CoinEx Institution | A Discussion on Crypto Asset Custody
Company Updates
- Metaverse Exclusive Development Fund
- CoinEx Smart Chain (CSC) Hackathon Grants with Industry Leaders: The Future Layout for Public Chains
- CSC|An Introduction to WaterLoan: A CSC-based Lending Platform that Unlocks a New Way of Mining
- CoinEx Smart Chain Global Hackathon Grants Kicks Off Top Ideas Compete for $300,000+ Prize
- With Lower Transaction Fees, CoinEx Smart Chain (CSC) Unveils A New Round of Competition
4. About CoinEx and CET
· CoinEx core team members are from world-leading internet and finance companies, including the earliest adopters/professionals of cryptocurrency who boast rich experience in R&D and global operations in the industry. With its proprietary trade matching system and excellent user experience, CoinEx is dedicated to building a highly secure, stable and efficient digital coin exchange for global users. CoinEx now supports multiple languages and provides global trading services in over 100 countries/regions.
· CET (CoinEx Token) is a value-added service and privilege scheme based on CoinEx ecosystem and is applicable to various scenarios. The applications of CET include but not limited to:
(1) Long-term repurchase and burning
CoinEx will automatically repurchase CET daily with 50% of its transaction fee income, and burn all the CET repurchased at the end of each calendar month, until the total supply of CET reduces to 3 billion. When the "3 billion" target is achieved, CoinEx will continue to use 20% of its fee income for CET repurchase and burning until it is completely burned.
(2) Deducted as transaction fee
CET can be deducted directly with the same market value as transaction fee at a dedicated discount.
(3) VIP services
Users with a certain amount of CET can join VIP to experience services such as fee discounts, withdrawal acceleration, exclusive customer service, etc.
(4) Promotional campaign privileges
CET holders will enjoy special privileges for promotional campaigns on CoinEx, including token airdrop incentives, voting for token listing, quality project investment opportunities, etc.
(5) Built-in token on CoinEx Smart Chain
As a built-in token for CoinEx Smart Chain to circulate and act as gas, CET is based on the POS consensus protocol, decentralized and energy-efficient, helping users easily build their own decentralized applications.
CoinEx Team
October 15, 2021
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