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How is MDX committed to optimizing transaction experience and building a prosperous ecosystem of MDE

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In February this year, Mdex became the dark horse among diversified DeFi projects. Thanks to its multiple user incentives, Mdex achieved high performance in TVL and user transactions at the beginning of its launch, overtaking Uniswap and PancakeSwap, securing “double championships”.

At first, MDEX’s high TVL and transaction volume were not convincing to the users who believe these impressive data performances were mainly achieved by strong user incentives. However, this is nothing but a misconception. MDEX at present stills manages to stay on the top ranking in terms of these two indicators and even are on par with PancakeSwap and Uniswap after it greatly reduced user incentives.

Official statistics from Mdex show that in July, a dismal month for the overall crypto market, Mdex’s transaction volume exceeded $25 billion, with an average daily volume reaching $812 million. The total number of users surpassed 4 million, while the total rewards distributed to Mdex users amounted to $95 million.

According to Coingecko’s data, based on its daily transaction volume of $800 million in July, Mdex would rank second in DEX or top ten among CEX, overtaking the well-known exchanges such as OKEX, given the current market momentum.

As the chart below shows, MDEX remains very stable in terms of its transaction volume, immune to the reduced revenue from transaction mining. Pancake’s transaction volume, on the other hand, is less strong than that of MDEX.

Meanwhile, MDEX experienced a steady rise in the total number of transactions, which reflects higher user activity, albeit a far cry from Pancake. However, such a gap is quite normal considering the much stronger ecology of BSC compared to Heco which is Mdex’s main battleground.

With a stable data performance, MDEX firmly secures its leadership in the DEX field. This encourages us to think about other reasons for Mdex’s strong momentum: user loyalty does not come from financial incentives, but rather the good transaction experience offered.

Mainstream DEXes employ the AMM model for on-chain transactions, which have solved the problems of insufficient liquidity, difficulty in finding token pairs, troublesome procedures and high transaction fees. The aim to make on-chain transactions faster and more convenient becomes the single spark that can start the fire of the Defi prairie as it can unleash the potential of liquidity mining and help projects to rapidly gather a certain level of liquidity at their early stage.

However, every coin has its two sides. While users enjoy the convenience offered by the AMM model, they have also lost some initiatives, since they don’t have access to market information, and can’t trade at their desired price.

To address this issue, Mdex first introduced the Markets function through a professional market charting tool TradingView. This newly launched function allows users to view price movements and transaction depth, etc when trading on MDEX, thus greatly improving users’ initiative in performing transactions.

And recently, Mdex has taken a further step by introducing the service of pending order transactions to make transactions easier for users. Currently, mainstream DEX projects commonly suffer from a poor user experience that is caused by the low depth of pending orders and limited transactions. Most Defi users therefore still need to go to CEX for pending order transactions. MDEX has solved this issue by innovatively combining the depth of pending order transactions with that of the liquidity pool, a strategy that can greatly enhance user experience, thus avoiding the situation in which no transaction is reached due to the low depth of pending order.

With strong user incentives, Mdex has established good transaction depth and liquidity, and stills aims to further improve users’ transaction experience. The Markets function and pending order transaction enable Mdex users to enjoy both the security of DEX and the convenience of CEX. These two steps are the very exemplar of Mdex’s deep commitment to its transaction products.

In addition, Mdex has more to offer. Aside from enhancing user transaction experience, Mdex is slowly growing from a DEX to a prosperous ecosystem. The IMO and the $30 million Hunter plan are already underway; derivatives and stablecoins are being developed as scheduled. The upcoming DAO will also contribute to the growth of the Mdex ecosystem.

As an open platform, the establishment of DAO will encourage the autonomy of the MDEX. This means that Mdex holders will be able to submit proposals, vote for governance, and decide on both major and minor matters for Mdex governance, injecting more vigor for MDX.

To participate in the governance of Mdex, users first need to stake MDX in the Mdex Boardroom to obtain the voting and governance right before they can participate in voting for governance to decide on a number of matters ranging from adjusting Mdex’s mining pools and using the ecological fund, to selecting cooperation projects and even changing the development direction.

MDEX also plans to reward users with equities for their participation in DAO governance. MDEX will soon launch the election plan for board members, and 21 super directors will be elected through MDX voting. The elected board members will enjoy rights to initiate proposals and receive high revenue dividends, while users can participate in the governance of Mdex through voting and get corresponding rewards.

It is worth noting that Mdex is currently developing in multiple chains, and stakers of MDX, regardless of the chains they trade, can enjoy governance rights over across Mdex’s ecology, including future products.

Another long-term benefit for MDX community and its token holders is that MDX will soon launch its second halving on September 2, during which MDX output will be reduced to 20 pieces per block. This means MDEX will enjoy an even lower inflation rate. This, accompanied by an increase of MDX application scenarios, will eventually propel the outstanding market performance of MDX, on the basis of a good user base and diversified qualified products.

Currently, Mdex is on par with Uniswap and PancakeSwap in terms of certain important data performances but the market value of MDX is much smaller than the other two. This means that MDEX still has lots of potentials to unleash. At the same time, Mdex also enjoys broad application scenarios in the future. It can be said that MDX boasts a very promising investment prospect that is worth waiting for.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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The “ Finest Cultural Gifts from China ” Cultural and Tourism Trade Promotion Activity (Intangible Cultural Heritage and Time-Honored Brands Special ) was held in Kaifeng.

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On October 31, the Finest Gifts from ChinaCultural and Tourism Trade Promotion Activity (Intangible Cultural Heritage and Time-Honored Brands Special Session) was held in Kaifeng, Henan. The event adopted an integrated online and offline format, combining exhibition, performance, sales, and interactive experiences. Through domestic and international platforms, it featured live broadcasts with images and videos, reaching a total audience of nearly 900,000, including 510,000 overseas viewers.

Photo courtesy of the event organizer.

The event was hosted by the Culture and Tourism Department of Henan Province and organized by the National Cultural Export Base, Cultural, Technological and Innovation Park, Administration of Kaifeng Area of China (Henan) Pilot Free Trade Zone, the Culture, Radio, Television and Tourism Bureau of Kaifeng , the Kaifeng Municipal Bureau of Commerce, China Tourism News, and CCMG Cultural Creative Development Co., Ltd.(Beijing), with support from the National Base for International Cultural Trade Cooperation Alliance.

The event focused on showcasing and promoting a selection of high-quality intangible cultural heritage and time-honored brand products and services that embody the essence of Eastern aesthetics, integrate modern design concepts, and meet international market demand. It also introduced inbound tourism routes and consumption services featuring intangible cultural heritage and time-honored brands to global audiences , vividly telling Chinese stories, demonstrating Chinese craftsmanship, and sharing Chinese lifestyle aesthetics. The event aimed to promote the high quality development of international cultural trade, strengthen cultural trade platforms, and advance the globalization of China’s cultural industry.

A total of 306 enterprises submitted products, services, and tourism routes for participation. Among them, 161 representative projects with both profound cultural heritage and strong international market potential were carefully selected and compiled into a promotional handbook.

Additionally, a Song Dynasty Elegance” lifestyle market was set up, recreating scenes of Song-style aesthetic living through an integrated model of exhibition, performance, sales, and interactive experiences. Intangible cultural heritage and time-honored brands from 26 provinces across China participated, with a total of 256 booths, fully demonstrating the market appeal of heritage brands and the broad scope of cultural exchange.

“Song Dynasty Elegance” Lifestyle Market – Photo courtesy of the organizer

At the event, six intangible cultural heritage and time-honored brand enterprises conducted product roadshows, showcasing items such as Henan’s century-old Baiji Peanut Cake, Ningxia’s intangible heritage hemp weaving, and Beijing’s Kalim Tea. Three related organizations promoted inbound tourism routes, including Kaifeng-themed intangible cultural heritage tours and the Jianye Movie Town itinerary.

During the discussion session, four industry experts focused on key topics such as intangible cultural heritage preservation and innovation, cultural export strategies, and legal risk prevention. They provided in-depth insights combining theoretical perspectives with practical value, laying a solid foundation for the healthy development of cultural and tourism trade.

Promotion of Henan’s Century-Old Baiji Peanut Cake. Photo courtesy of the organizer.

Promotion of Ningxia Intangible Heritage Hemp Weaving – Photo courtesy of the organizer

Henan Weiqi Promotion – Photo courtesy of the organizer

Promotion of Kaifeng Inbound Tourism Intangible Cultural Heritage-Themed Routes Photo courtesy of the organizer.

Nearly 300 participants attended the event, including officials from cultural, tourism, and commerce departments across more than 20 provinces (autonomous regions and municipalities), representatives from intangible cultural heritage and time-honored brand enterprises, cultural trade companies, as well as experts, scholars, and media personnel.

Event Site – Photo courtesy of the organizer

The “Finest Gifts from China Cultural and Tourism Trade Promotion Activity integrates domestic and international, online and offline resources to showcase, promote, and trade a selection of high-quality cultural and tourism products with distinctive Chinese characteristics and style that are popular in international markets. The event provides a platform for exchanges and cooperation between Chinese and foreign enterprises, promoting the expansion and optimization of cultural trade, while enhancing the international competitiveness and recognition of Chinese companies and brands.

Prior to this, the Finest Gifts from China Cultural and Tourism Trade Promotion Activity has held 15 special sessions, with growing attention and participation both domestically and internationally, steadily advancing the development of cultural trade.

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CGTN: How China, ROK leaders open new prospects for ties at Gyeongju meeting

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Following a face-to-face meeting between Chinese President Xi Jinping and ROK President Lee Jae-myung in Gyeongju, CGTN published an article highlighting how head-of-state diplomacy sets a new course for China–ROK relations and how the two countries can strengthen strategic communication, deepen cooperation, and promote mutual understanding for the benefits of both peoples and regional peace and development.

Just after dawn in Jeju, the Republic of Korea (ROK), crates of fresh produce are loaded onto a vessel bound for Qingdao in east China.

Launched on October 16, the Qingdao-Jeju container line is Jeju’s first regular international shipping route. Thanks to this route, a journey that once took two weeks can now be completed overnight.

More than just a faster trade link, it signifies a renewed rhythm in China-ROK cooperation. Two weeks later, on November 1, that momentum found its political echo when Chinese President Xi Jinping and ROK President Lee Jae-myung met in Gyeongju, ROK, to chart the next stage of bilateral ties.

At the meeting, President Xi described China and the ROK as “important close neighbors that cannot be moved away and cooperation partners that cannot be separated.” He stressed that “promoting the sound and steady development of China-ROK relations is always a right choice that serves the fundamental interests of the two peoples and conforms to the trend of the times.” Xi’s words set the tone for a relationship that, though tested by changes, continues to move forward with mutual respect and mutual benefit.

‘Important close neighbors that cannot be moved away

During the meeting, President Xi called for strengthening strategic communication and consolidating the foundation of mutual trust, urging both sides to respect each other’s social systems and development paths while properly handling differences through friendly consultations. He also emphasized joint efforts to uphold true multilateralism and promote a fairer global governance system.

High-level exchanges have warmed up in recent months. In August, President Lee sent a special delegation led by former National Assembly Speaker Park Byeong-seug to China for a four-day visit, carrying a personal letter from the ROK president with a clear message: to put bilateral relations back on a stable and constructive track. In September, National Assembly Speaker Woo Won-shik attended events marking the 80th anniversary of the victory of the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War in Beijing, followed by Foreign Minister Cho Hyun’s first official visit in his current role, signaling Seoul’s commitment to dialogue and renewed trust.

Niu Xiaoping, assistant research fellow at the Shanghai Institutes for International Studies, sees the Gyeongju meeting as more than a routine encounter. Niu said President Xi’s visit played “a bridging and guiding role,” helping China and the ROK “recalibrate and define a new positioning” for their partnership.

‘Cooperation partners that cannot be separated’

Economic ties have long been the backbone of the relationship. China has been the ROK’s largest trading partner for 21 consecutive years, while the ROK has regained its position as China’s second-largest trading partner. In 2024, bilateral trade reached $328.08 billion, up 5.6 percent year on year.

President Xi called for accelerating the second phase of the China-ROK Free Trade Agreement and tapping the cooperation potential in emerging fields such as AI, biomedicine, green industries and the silver economy.

“To help one’s neighbor succeed is to help oneself,” said Xi. Lee, for his part, stressed that economic cooperation between the two countries is “vital and indispensable” when answering a question from a CMG reporter.

President Xi also highlighted the importance of better communicating with the media and the general public, sending more positive messages and checking tendencies that may harm the relationship.

This emphasis on public perception has found concrete expression in people-to-people exchanges. Since China introduced visa-free entry for ROK visitors last November, and the ROK followed with a temporary visa exemption for Chinese group tourists this fall, travel between the two nations has surged. People from the ROK made near 2 million trips to China from January to August this year, a 40-percent increase year on year.

https://news.cgtn.com/news/2025-11-01/How-China-ROK-leaders-open-new-prospects-for-ties-at-Gyeongju-meeting-1HWZZsLEXh6/p.html

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

CGTN: How China, ROK leaders open new prospects for ties at Gyeongju meeting

Published

on

Following a face-to-face meeting between Chinese President Xi Jinping and ROK President Lee Jae-myung in Gyeongju, CGTN published an article highlighting how head-of-state diplomacy sets a new course for China–ROK relations and how the two countries can strengthen strategic communication, deepen cooperation, and promote mutual understanding for the benefits of both peoples and regional peace and development.

Just after dawn in Jeju, the Republic of Korea (ROK), crates of fresh produce are loaded onto a vessel bound for Qingdao in east China.

Launched on October 16, the Qingdao-Jeju container line is Jeju’s first regular international shipping route. Thanks to this route, a journey that once took two weeks can now be completed overnight.

More than just a faster trade link, it signifies a renewed rhythm in China-ROK cooperation. Two weeks later, on November 1, that momentum found its political echo when Chinese President Xi Jinping and ROK President Lee Jae-myung met in Gyeongju, ROK, to chart the next stage of bilateral ties.

At the meeting, President Xi described China and the ROK as “important close neighbors that cannot be moved away and cooperation partners that cannot be separated.” He stressed that “promoting the sound and steady development of China-ROK relations is always a right choice that serves the fundamental interests of the two peoples and conforms to the trend of the times.” Xi’s words set the tone for a relationship that, though tested by changes, continues to move forward with mutual respect and mutual benefit.

‘Important close neighbors that cannot be moved away

During the meeting, President Xi called for strengthening strategic communication and consolidating the foundation of mutual trust, urging both sides to respect each other’s social systems and development paths while properly handling differences through friendly consultations. He also emphasized joint efforts to uphold true multilateralism and promote a fairer global governance system.

High-level exchanges have warmed up in recent months. In August, President Lee sent a special delegation led by former National Assembly Speaker Park Byeong-seug to China for a four-day visit, carrying a personal letter from the ROK president with a clear message: to put bilateral relations back on a stable and constructive track. In September, National Assembly Speaker Woo Won-shik attended events marking the 80th anniversary of the victory of the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War in Beijing, followed by Foreign Minister Cho Hyun’s first official visit in his current role, signaling Seoul’s commitment to dialogue and renewed trust.

Niu Xiaoping, assistant research fellow at the Shanghai Institutes for International Studies, sees the Gyeongju meeting as more than a routine encounter. Niu said President Xi’s visit played “a bridging and guiding role,” helping China and the ROK “recalibrate and define a new positioning” for their partnership.

‘Cooperation partners that cannot be separated’

Economic ties have long been the backbone of the relationship. China has been the ROK’s largest trading partner for 21 consecutive years, while the ROK has regained its position as China’s second-largest trading partner. In 2024, bilateral trade reached $328.08 billion, up 5.6 percent year on year.

President Xi called for accelerating the second phase of the China-ROK Free Trade Agreement and tapping the cooperation potential in emerging fields such as AI, biomedicine, green industries and the silver economy.

“To help one’s neighbor succeed is to help oneself,” said Xi. Lee, for his part, stressed that economic cooperation between the two countries is “vital and indispensable” when answering a question from a CMG reporter.

President Xi also highlighted the importance of better communicating with the media and the general public, sending more positive messages and checking tendencies that may harm the relationship.

This emphasis on public perception has found concrete expression in people-to-people exchanges. Since China introduced visa-free entry for ROK visitors last November, and the ROK followed with a temporary visa exemption for Chinese group tourists this fall, travel between the two nations has surged. People from the ROK made near 2 million trips to China from January to August this year, a 40-percent increase year on year.

https://news.cgtn.com/news/2025-11-01/How-China-ROK-leaders-open-new-prospects-for-ties-at-Gyeongju-meeting-1HWZZsLEXh6/p.html

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

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