A Decentralized Exchange and Liquidity Pool

MDEX is a Chrome extension by Swaplab © Official. It was previously known as MDEX.COM. It had 20 weekly active users and an average rating of 5.00 before it was removed from Chrome Web Store a year ago. MDEX is similar to MetaMask and Binance Chain Wallet. The last published version was 0.1.4, updated a year ago.

This extension was removed from Chrome Web Store on 2021-04-19
Users: 20
MDEX is an automated market making (AMM) decentralized exchange protocol that operates on the concept of fund pools, sharing some similarities with standard DEXs, but differentiating itself from competitors by using a dual-chain model modeled on both the Ethereum network and the Huobi Ecological Chain (HECO). This allows it to benefit from both the super-low transaction fees of HECO and deep liquidity of the Ethereum ecosystem.

How Is the Mdex Network Secured?
Uniswap is built on top of Ethereum, making it unavoidably connected to the smart contract-based blockchain network’s skyrocketing gas fees. As long as Ethereum 2.0 is not fully functional, DEXs that run on less-congested networks like Binance Smart Chain were bound to overtake Uniswap in terms of decentralized finance (DeFi) user onboarding and market volume at least temporarily, which is what played at the end of February 2021. On a side note, second-layer solutions like Optimism might help Uniswap’s scaling issues in the near future.
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Risk impact

MDEX is safe to use. It does not request any sensitive permissions.

Risk impact measures the level of extra permissions an extension has access to. A low risk impact extension cannot do much harms, whereas a high risk impact extension can do a lot of damage like stealing your password, bypass your security settings, and access your personal data. High risk impact extensions are not necessarily malicious. However, if they do turn malicious, they can be very harmful.

Risk likelihood

MDEX may not be trust-worthy. Avoid installing if possible unless you really trust this publisher.

Risk likelihood measures the probability that a Chrome extension may turn malicious. This is determined by the publisher and the Chrome extension reputation on Chrome Web Store, the amount of time the Chrome extension has been around, and other signals about the Chrome extension. Our algorithms are not perfect, and are subject to change as we discover new ways to detect malicious extensions. We recommend that you always exercise caution when installing a Chrome extension, especially ones with higher risk impact and/or higher risk likelihood.

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User reviews
by Dee Raw, 2021-04-03

nice one
by mike tom, 2021-04-01

I like it
by local c, 2021-03-28
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Promo images
MDEX small promo image
Small promo image
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