Hello INDODAX Members,
We are pleased to announce New Crypto Assets that will be added to the INDODAX marketplace, Jupiter (JUP), Pyth Network (PYTH), and NADA Protocol Token (NADA). Deposit Jupiter (JUP) and Pyth Network (PYTH) will be on Solana, while NADA Protocol Token (NADA) will be on Hedera, starting on Wednesday, February 28th, 2024, at 2 PM (UTC+7). Trading starts on Thursday, February 29th, 2024, at 2 PM (UTC+7).
About Jupiter (JUP)
Jupiter is one of the most popular platforms in the Decentralised Finance (DeFi) sector, on the Solana blockchain, and recently became the most popular DEX aggregator in the world. It has established itself as a significant liquidity aggregator, a role that involves pooling resources to ensure more efficient and effective token swaps, perpetual futures, and the management of decentralized stablecoins. One of the most popular DeFi tools on the Solana blockchain, Jupiter, serves to streamline and optimize trading activities within the DeFi space. Jupiter (JUP) is ranked 111th with a price of 7,280.02 IDR and a total supply of 10,000,000,000 JUP. For more information about JUP, please visit the link.
About Pyth Network (PYTH)
Pyth Network represents a significant leap in the world of decentralized finance (DeFi) and blockchain technology. It is a next-generation Oracle solution that brings high-fidelity, time-sensitive real-world data directly from the source to any Layer 1 (L1) blockchain. This initiative addresses a critical need in the DeFi space: the availability of reliable and timely financial market data to a broader audience beyond the limited reach of traditional financial institutions. The core functionality of Pyth Network revolves around its unique approach to data aggregation and distribution. It incentivizes key market participants like trading firms, market makers, and exchanges to share their price data, collected during regular operations, directly on-chain. This data is then aggregated and made available for both on-chain and off-chain applications. Pyth Network (PYTH) is ranked 93rd with the price of 8,166.85 IDR and a total supply of 9,999,989,218 PYTH. For more information about JUP, please visit the link.
About NADA Protocol Token (NADA)
NADA Protocol Token (NADA) is a Hedera-based reward-type token commonly used in an ecosystem where blockchain-based NFT mobile games and metaverses are organically connected that are developed and supplied by NADA digital Co., Ltd., one of the top 100 game developers in Korea. NADA Protocol is a Hedera-based token released by NADA Digital. NADA Digital is a company founded by legendary Korean star craft progamer Lee Yoon-yeol using the nickname NADA he used as a player after his retirement. NADA Digital has a history of developing and serving Mafia 3D, Slime Random Defense, and Random Skill Defense. The most recently released Slime World by NADA Digital is the first NFT game to be applied with NADA Protocol. NADA Protocol Token (NADA) is ranked 2338th with a price of 354.90 IDR and a total supply of 2,000,000,000 NADA. For more information about NADA, please visit the link.
*Price and rankings are based on Coinmarketcap on February 22th, 2024 at 12 PM (UTC+7).
Regards,
INDODAX – Indonesia Bitcoin & Crypto Exchange
