LogX stable pool offers liquidity, dark oracle pricing.
LogX's stablecoin liquidity pool (USDC/USDT) allows leveraged trading on any index token with aggregated price oracles.
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What is LogX (LOGX)?
The LogX Liquidity Pool, comprised of USDC and USDT, enables trading with either stablecoin as collateral. Trader profits and losses (PnL) are settled in the same collateral token. Liquidity providers earn LLP tokens, the liquidity token for LogX, by depositing USDC or USDT. LogX employs a "dark oracle" to gather prices from various centralized and decentralized exchanges, establishing a median price. This aggregated price is compared to data from the Pyth Oracle network and recorded on-chain. This on-chain comparison, along with aggregation from multiple sources, ensures a comprehensive market price for each token pair. By utilizing USDC and USDT, LogX avoids the need for high liquidity for each individual token pair, a common challenge in order book-based decentralized exchanges (DEXs)...
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LogX price live information
As of now, LogX is trading at 0.009774 USD, with a 24-hour trading volume of approximately 59.50K USD. The LOGX to USD price is updated in real time. Over the past 24 hours, LogX has decreased by 1.63%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 1.27M USD. Currently, there are 130 000 000 LOGX in circulation out of a maximum supply of 1 000 000 000 LOGX.
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