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CoinEx

CET#1171 by market cap

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

CoinEx is for trading without a middleman. We have not written its record yet, so its promises are not checked. It trades at $0.005, #1095 of all coins by size, 97% below its highest ever price.

This week Nothing changed on its record.

A real job. No dated promises on its pages. Nothing dated ahead. #57 of 117 exchanges. 1 reason to be careful.

Is it real?

2 of 4tests passeda real job, real backing, something ahead, room to grow
nonenamed backersno investor or index on file
8 yearson the marketsince 3 July 2018

Reasons to be careful:Half the supply still to come

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2 of 4

  • A real-world jobReal-world purpose: trading without a middleman
  • Real backingA named investor, an index, a major exchange, or a billion-dollar size.
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growRoom: worth $12.19M, 90 times smaller than Lighter, the biggest coin within reach doing the same thing (Decentralized Exchange (DEX))

No named backer

  • Origin3 July 2018about about 8 yearscoinex.org, GitHub
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingNo named investorNot on a big exchange we track
  • Standing on the recordNo recordNo dated promise to judge yet5 headlines last monthNo corrections needed so far
The gap, and what to do

It is already worth more than the typical coin in Decentralized Exchange (DEX) ($11.64M). To match the leader, Lighter ($1.1B), its price would need to rise 8897%, to about $0.4496.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • Listed on fewer than two big exchanges
  • No named investor among its tags
  • Only 5 headlines named it last month

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#57of 117 exchangesthe typical one is worth $11.64M
$12.19Mworth todayprice × coins out
$11.64Mthe typical rival is worthDecentralized Exchange (DEX)
$1.1Bthe leader is worthLighter
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Trading without a middleman

121 coins tagged Decentralized Exchange (DEX), worth $32.69B together. #61 of 121 by worth.

Decentralized Exchange (DEX): this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • CoinEx$12.19Mthis coin+6.3%24% outno record
  • Lighter$1.1B90.0× bigger, +$1.08B−4.2%, gap −10.525% outno record
  • Jupiter$774.17M63.5× bigger, +$761.97M−1.1%, gap −7.433% outno record
  • PancakeSwap$729.25M59.8× bigger, +$717.06M−0.7%, gap −6.980% outno record
  • Curve DAO$543.04M44.5× bigger, +$530.85M−0.5%, gap −6.851% outnone dated
  • Aerodrome Finance$538.82M44.2× bigger, +$526.63M−4.3%, gap −10.5no maxnone dated
  • Falcon Finance$439.88M36.1× bigger, +$427.68M−1.3%, gap −7.631% outno record
  • Pendle$408.74M33.5× bigger, +$396.55M+4.8%, gap −1.5no maxnone dated
Same job, different how

Decentralized Exchange (DEX): this coin next to Lighter, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

CoinEx says
Issued in January 2018,CoinEx Token(CET)is the native token of CoinEx Chain.
Lighter says
Lighter is a decentralized trading platform built for unmatched security and scale.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Issued in January 2018,CoinEx Token(CET)is the native token of CoinEx Chain. CoinEx Chain presents a public chain dedicated for the decentralized exchange (DEX) with the mainnet launched in November 2019 officially.

Problem it says it solves: trading without a middleman. 121 coins are working on it and together they are worth $32,689,035,928. This coin is 0% of that.

Where it trades: CoinEx

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

1 reason to be careful

  • Half the supply still to come76% of the maximum supply is still to come
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Why is it this small?

Decentralized Exchange (DEX): this coin next to the group's largest, Lighter.

CoinExLighter
Years trading8 years8 months
Major exchanges07
Named backers00
Headlines, last month562
Promises deliveredno recordno record

What it says is different: Issued in January 2018,CoinEx Token(CET)is the native token of CoinEx Chain. CoinEx Chain presents a public chain dedicated for the decentralized exchange (DEX) with the mainnet launched in November 2019 officially.

It is 1.1% the size of Lighter. On the facts above it is behind on major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.

Printed the same way as the reasons for: facts from the record, the tags and the market feed. Never a verdict, never the word sell.

The homework: the coin itself, the news, the record

The coin itself

$0.005price of one+6.3% today
97%below its highest ever$0 on 3 July 2018
24%of the supply is out2.44B coins
$32paid in fees, 30 dayswhat people paid to use it
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The last 7 days

7 days ago: $0.0074now: $0.005 (−32.2%)

Where today sits against its highest ever price

$0.005

Highest ever: $0.1503 on 3 July 2018. Today is 3% of that.

24%

of all CET that will ever exist is already out in public hands: 2.44B coins.

76% (7.56B coins) is not yet created or held by the project. That is a majority. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Perks on its own exchange

Fee discounts and access on the exchange that issued it. Its demand follows that exchange.

  • Fee discounts and access on the exchange that issued it
$0.005price of one
×
2.44Bcoins out
=
$12.19Mworth today, #1095 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 24%of the maximum supply is in circulation: 2.44B of 10B.
  • 7.56Bcoins still to be released, 76% of the maximum. Releases can add selling pressure.
  • 3%of its all-time high of $0.1503 on 3 July 2018. That is −96.7% from the top.
  • #1095by market cap, $12,192,244.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

Real use, in dollars
  • $121.91K is locked in apps built on it right now
  • Users paid $32 in fees to use it in the last 30 days

From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.

What the news says

5headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Headlines per day, last 30 days

5 headlines named this coin in the last month.

What they were about

  • Regulation2

Why it movedDown 32% this week. Headlines that name it: Crypto exchange CoinEx to shut down after 9 years, citing market slump (The Block, 2h ago) CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction (Cointelegraph, 4h ago)

The record itself

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

Pages saveddailycaptured every night
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy