Compare Chrome extensions: MDEX vs MetaMask

Stats MDEX MDEX MetaMask MetaMask
User count 20 17,000,000+
Average rating 5.00 3.03
Rating count 7 3,974
Last updated 2021-04-11 2024-03-27
Size 19.06K 20.52M
Version 0.1.4 11.13.1
Short description
A Decentralized Exchange and Liquidity Pool An Ethereum Wallet in your Browser
Full summary

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.

MDEX is designed for users and project developers as it implements an automated market maker (AMM) that facilitates low slippages for trades, good market depth and high yields for transaction and liquidity miners. This makes it an attractive environment for DeFi projects.

Huobi and HECO-based projects also enjoy the deployment of MDEX as it facilitates the trade of these networks’ supported assets. Even Ethereum-based DeFi protocols such as AAVE, BAL, LINK and YFI have also begun liquidity mining on MDEX.

A secure wallet and gateway to blockchain sites

Whether you are an experienced user or brand new to blockchain, MetaMask helps you connect to the decentralized web: a new internet.

We're trusted by millions of people across the world, and our mission is to make this new decentralized web accessible to all.

The MetaMask extension allows you to buy, send, spend, swap, and exchange your digital assets. Make pay ments to anyone, anywhere. Customize your wallet with community-built Snaps. Log into websites securely to trade assets, lend, borrow, play games, publish content, buy rare digital art, and so much more.

With MetaMask, your keys and assets always stay in your control; • Use MetaMask’s key vault, secure login and digital wallet to manage your digital assets. • Generate passwords and keys on your phone and keep your accounts secure. • Browse and connect to the decentralized websites. • Control what information you share with the sites you use, and what to keep private.

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