# Drax (DRAX)

> The purpose of Drax is as a Liquidity Pool wrapper for the Dark Magic token ecosystem. The concept is to give it significantly more flexibility in future use-cases, as well as possible exchange listings/ease of providing liquidity. 
Potential secondary use cases include a secondary market for LP’s outside, aggregator listings, self-sustaining ecosystems onboarding, and other gamification elements as we create additional LP wrapper tokens in the ecosystem. To put in in less technical terms: It makes life easier for everyone in managing LP tokens; both for project developers to create value-add and community members. The only way to acquire Drax is to mint it by locking your Dark Magic / axMATIC LP into the Drax smart contract to mint Drax, or buy Drax on a Dex.

## Price Data

- **Current Price**: N/A
- **Market Cap**: N/A
- **Fully Diluted Valuation**: N/A
- **Circulating Supply**: N/A
- **Total Supply**: 272,676.444 DRAX

## Price Changes

- **24h**: N/A
- **30d**: N/A
- **90d**: N/A
- **365d**: N/A

## Chain Availability

Available on: polygon

## Resources

- [Coingecko](https://www.coingecko.com/en/coins/drax)

## Links

- [View on Zerion](https://app.zerion.io/tokens/DRAX-0x1ba3510a9ceeb72e5cdba8bcdde9647e1f20fb4b)
- [Trade on Zerion](https://app.zerion.io/tokens/DRAX-0x1ba3510a9ceeb72e5cdba8bcdde9647e1f20fb4b)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset
