MPX Token Overview and Important Notes
In the cryptocurrency market, the token symbol “MPX” is used by multiple projects, which may cause confusion for users when searching for or trading these tokens. To avoid such confusion, be sure to verify which specific MPX project you are referring to before conducting any trading activities.Currently, there are three main projects on the market that use MPX as their token symbol: CrossFi’s Mint Power (MPX), Morphex (MPX), and metapass (MPX).
CrossFi’s Mint Power (MPX)
Project Background and Use Cases
CrossFi’s Mint Power (MPX) is the governance token of the CrossFi Chain. It is designed as a non-volatile token with an unlimited supply. MPX plays a central role in the CrossFi ecosystem, serving as the unit of computational power required to generate new XFI tokens.Additionally, staking MPX is a long-term passive income tool that supports the decentralization of the CrossFi Chain network, and all MPX holders can vote on important changes and updates to the blockchain network.
It is worth noting that eMPX is an EVM-compatible version of MPX with a limited supply that can be freely traded, sold, or purchased within the EVM layer, providing users with greater trading flexibility.
How to Buy and Trade
- CrossFi Official Platform: Users can purchase MPX directly on the CrossFi official platform using USDT.
- XFI Console: In the XFI Console, users can convert XFI tokens into MPX.
- CrossFi Exchange Bot: Through the CrossFi Exchange Bot, users can purchase MPX using XFI and USDT.
Listed Exchanges
Mint Power (MPX) is primarily traded and exchanged on the official CrossFi platform and the XFI Console (for exchanging XFI for MPX).
Relevant Data
- The initial supply of MPX is 4,000,000,000.
- MPX’s annual percentage yield (APR) is a dynamic value influenced by various factors, including the XFI exchange rate and the total amount of MPX staked on the network.
Morphex (MPX)
Project Background and Use Cases
Morphex is a decentralized exchange (DEX) that offers spot and perpetual futures trading services. Its key feature is that no registration is required; users can simply connect a compatible Web3 wallet to get started.All Morphex trades are settled through its liquidity pools (MLP), designed to offer low trading fees, eliminate price impact, and provide “scam wick” liquidation protection. The protocol’s pricing mechanism combines the average prices from top centralized exchanges with data from the Chainlink oracle.
How to Buy and Trade
Morphex (MPX) can be traded on exchanges that support the token; please verify its listing status before trading. According to publicly available information, the following trading options have been mentioned for this token:
- Crypto.com App: Users may need to register an account and complete KYC verification before depositing fiat currency or cryptocurrency to make a purchase.
- BitMart: This platform previously supported instant purchases of MPX using euros (EUR) via third-party services such as MoonPay, Simplex, and Alchemy Pay.
- Decentralized Products: Crypto.com has also mentioned that MPX may be tradable via its decentralized product, Onchain.
Listed Exchanges
According to public information, platforms where Morphex (MPX) has been mentioned as being listed or tradable include Crypto.com and BitMart. CoinMarketCap notes that Morphex itself is a decentralized exchange.Other sources have mentioned Binance, OKX, Huobi, and Coinbase as potential top exchanges; however, it is not explicitly stated whether the Morphex (MPX) token is listed on these exchanges. Please refer to the official announcements from each platform for confirmation.
Related Data
- As of this writing, the maximum supply of Morphex (MPX) is 50,000,000 MPX.
- CoinMarketCap shows its total supply as 29,500,000 MPX and its self-reported circulating supply as 0 MPX (data reliability rating: 53%).
Morphex (MPX)
Project Background and Use Cases
The MetaPass Token ($MPX) is the cornerstone of the MetaPass ecosystem, serving as the primary utility and governance asset for all integrated products.The MetaPass wallet offers key features such as sending, receiving, and exchanging tokens; staking; NFT trading; token insights and tracking; and portfolio management. Through its integrated periodic staking mechanism, users can lock up MPX tokens to earn stable returns, which is designed to encourage long-term holding and reduce market volatility.
How to Buy and Trade
MetaPass (MPX) can be traded on exchanges that support this token; please verify its listing status before trading.
Listed Exchanges
Publicly available information does not explicitly list the specific centralized exchanges where MetaPass (MPX) is listed.
Related Data
- CoinMarketCap shows Metapass’s self-reported circulating supply as 125,000,000 MPX.
- Its self-reported market capitalization is $1,049,043.4 (as of this writing).
- On CoinMarketCap, Metapass ranks 7,574th among all active cryptocurrencies (as of this writing).
Summary and Risk Warning
Given that there are multiple tokens with the same name on the market, investors must carefully verify the project name, token contract address, and the associated blockchain network when purchasing or trading MPX tokens to ensure they are transacting with the intended project. The cryptocurrency market is highly volatile; please fully understand the associated risks before investing and make prudent decisions based on your individual circumstances.
