Binance DEX officially launches, listing Mithril as the first pair

DEX • April 25, 2019, 5:44AM EDT
UPDATED: April 25, 2019, 5:52AM EDT
The Block

Binance DEX has listed the first trading pair (MITH/BNB) meaning that traders can now start trading for the first time. Binance DEX is built on top of Binance Chain with a native Binance Coin (BNB) token and uses Delegated Byzantine Fault Tolerance (dBFT) as its consensus mechanism. All 11 pre-selected validators are now online to produce blocks.

The Binance Chain explorer is now open to public access as well. At press time, there were 2,800 transactions and 760 addresses. So far, there were 500 trades on the non-custodial exchange.

AUTHOR

Larry Cermak profile picture Larry Cermak

Larry joined crypto research full time in early 2017 and has expertise in capital markets, market structure and early stage DeFi companies/protocols and token economics. He has a background in economics and finance.

See More

WHO WE ARE

The Block is a news provider that strives to be the first and final word on digital assets news, research, and data.

+ Follow us on Google News
Connect with the block on

More by Larry Cermak