# MonoX (mono)

> MonoX is a multi-layer, multi-chain DEX that solves the capital inefficiencies created by liquidity pairs, using a single token pool model. 

We use single-sided liquidity by creating a virtual pair with vCASH index tokens. This new protocol design results in lower trading fees, lower capital requirements to deposit for Liquidity Providers, less siloed capital, etc. Projects can also launch their tokens with zero capital required.

It also creates opportunities for additional DeFi products/services such as lending and derivatives markets, as well as offering the most capital-efficient way to trade ‘Value Backed Tokens’ - VBTs, such as NFT shards, synthetics, gaming tokens, and insurance tokens.

## Price Data

- **Current Price**: N/A
- **Market Cap**: N/A
- **Fully Diluted Valuation**: N/A
- **Circulating Supply**: N/A
- **Total Supply**: 26.08M mono

## Price Changes

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

## Chain Availability

Available on: ethereum

## Resources

- [Website](https://monox.finance/)
- [Discord](https://discord.com/invite/C2gsUw3trM)
- [Coingecko](https://www.coingecko.com/en/coins/monox)

## Links

- [View on Zerion](https://app.zerion.io/tokens/mono-0x2920f7d6134f4669343e70122ca9b8f19ef8fa5d)
- [Trade on Zerion](https://app.zerion.io/tokens/mono-0x2920f7d6134f4669343e70122ca9b8f19ef8fa5d)

## 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