
SmarDex (SDEX) is an innovative decentralized exchange developed by independent researchers from EPFL, Europe's top-ranked university. Since its launch in 2023, the project has gained recognition for its groundbreaking technology that minimizes impermanent loss while often creating impermanent gain. As of December 2025, SDEX has achieved a market capitalization of approximately $50.0 million, with a circulating supply of around 9.34 billion tokens, currently trading at $0.005017. This pioneering protocol, supported by scientific research and advanced algorithms that dynamically adjust liquidity pool ratios, is playing an increasingly critical role in creating a more profitable and sustainable decentralized finance experience.
This article will provide a comprehensive analysis of SDEX's price trajectory through 2030, integrating historical patterns, market supply and demand dynamics, ecosystem development, and macroeconomic factors to deliver professional price forecasts and practical investment strategies for investors interested in this innovative DeFi protocol.
As of December 18, 2025, SDEX is trading at $0.005017 with a 24-hour trading volume of approximately $109,889.63. The token has experienced a -7.77% decline over the past 24 hours, though it demonstrates strong medium-term momentum with a +109.13% gain over the 7-day period and an +84.17% increase over the 30-day timeframe. However, the 1-year performance reflects a -68.26% decline from peak levels.
SDEX maintains a market capitalization of approximately $50,000,754.81 with a fully diluted valuation (FDV) at $50,000,754.81. The circulating supply stands at 9,344,697,587.37 tokens out of a maximum supply of 10,000,000,000 tokens, representing 93.45% circulation. The token is ranked 516th by market capitalization, with a market dominance of 0.0016%. Currently, SDEX is distributed across 8,116 token holders and actively trades on 5 exchanges.
The 24-hour trading range shows a high of $0.005566 and a low of $0.004841, indicating moderate intraday volatility. The positive 1-hour performance of +0.13% suggests slight upward momentum in the most recent trading session.
Click to view current SDEX market price

2025-12-18 Fear and Greed Index: 17 (Extreme Fear)
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The cryptocurrency market is experiencing extreme fear with an index reading of 17, signaling significant market pessimism. This historically low level indicates investors are highly risk-averse, often presenting contrarian buying opportunities for long-term believers. During such phases, market volatility tends to peak, and panic selling becomes prevalent. However, extreme fear has historically preceded notable recoveries. Investors should exercise caution, conduct thorough due diligence, and consider their risk tolerance before making investment decisions during these turbulent market conditions.

The address holdings distribution map illustrates the concentration of token ownership across the blockchain network by identifying the top holders and their respective share of total circulating supply. This metric serves as a critical indicator for assessing decentralization levels, market structure integrity, and potential vulnerability to coordinated price movements or manipulation by dominant stakeholders.
SDEX currently exhibits significant concentration risk, with the top holder commanding 42.12% of total supply—substantially exceeding the threshold typically considered healthy for decentralized asset distribution. The top five addresses collectively control 71.33% of all tokens in circulation, indicating pronounced centralization. While the remaining 28.67% distributed among other addresses demonstrates some level of fragmentation, the dominance of the leading four addresses reveals a market structure where price discovery and trading dynamics remain heavily influenced by a limited number of stakeholders.
This concentration pattern presents notable implications for market stability and governance. The concentration particularly among the top holder creates considerable single-point-of-failure risk, wherein large liquidations or coordinated sell-offs could trigger substantial price volatility. Additionally, the asymmetric distribution of voting power in protocol governance mechanisms may be concentrated among these major holders, potentially limiting the democratic participation of smaller stakeholders. The current holdings distribution reflects a market structure characteristic of projects in earlier developmental phases or those with significant institutional allocation, requiring ongoing monitoring to assess whether decentralization progresses as the ecosystem matures.
Click to view current SDEX holdings distribution

| Top | Address | Holding Qty | Holding (%) |
|---|---|---|---|
| 1 | 0x8049...eb1a31 | 4212963.80K | 42.12% |
| 2 | 0x3ee1...8fa585 | 956923.56K | 9.56% |
| 3 | 0xccff...3ff846 | 739799.76K | 7.39% |
| 4 | 0x7d85...a77523 | 724260.28K | 7.24% |
| 5 | 0xc049...8a2b1f | 502247.59K | 5.02% |
| - | Others | 2863805.02K | 28.67% |
Investor Confidence: Investor sentiment and confidence have a direct impact on SDEX price movements. Positive news regarding widespread adoption or major technological breakthroughs typically trigger market optimism and drive price appreciation. Conversely, security vulnerabilities and regulatory setbacks can cause market anxiety and price contractions.
Long-term Adoption Trends: Long-term price trajectories are primarily determined by adoption rates and technological development progress. Broader market sentiment, trading volume, and user adoption trends collectively influence SDEX's valuation.
| 年份 | 预测最高价 | 预测平均价格 | 预测最低价 | 涨跌幅 |
|---|---|---|---|---|
| 2025 | 0.00728 | 0.00502 | 0.00256 | 0 |
| 2026 | 0.00781 | 0.00615 | 0.00541 | 22 |
| 2027 | 0.00838 | 0.00698 | 0.00447 | 39 |
| 2028 | 0.00891 | 0.00768 | 0.00576 | 53 |
| 2029 | 0.00904 | 0.00829 | 0.00514 | 65 |
| 2030 | 0.01074 | 0.00866 | 0.00555 | 72 |
SmarDex presents an innovative approach to decentralized exchange design through its impermanent loss mitigation technology, developed by EPFL researchers and supported by scientific research. The protocol's core value proposition—converting impermanent loss into potential impermanent gain—distinguishes it from traditional AMM models. However, the significant 1-year decline of -68.26%, limited exchange presence, and nascent technological implementation require careful consideration.
The project demonstrates scientific merit and genuine innovation, but faces challenges in capital efficiency, market adoption, and long-term sustainability compared to established DeFi protocols.
✅ Beginners: Start with minimal allocation (0.5-1% of portfolio) through Gate.com, focusing on understanding the protocol mechanics and monitoring development progress before significant capital commitment
✅ Experienced Investors: Consider 3-5% allocation using DCA strategy, actively monitoring protocol metrics, community development, and competitive positioning while maintaining disciplined stop-loss levels
✅ Institutional Investors: Evaluate 5-10% allocation within DeFi infrastructure strategies, conducting comprehensive due diligence on smart contract audits, team credentials, and protocol economics before deployment
Cryptocurrency investment carries extreme risk. This analysis does not constitute investment advice. Investors must make decisions based on their individual risk tolerance and financial situation. Consult professional financial advisors before making investment decisions. Never invest capital you cannot afford to lose.
SDEX is the native utility token of the SMARDEX protocol, a decentralized exchange platform. It enables liquidity mining, staking, and enhanced trading across multiple blockchains. Users earn SDEX by providing liquidity to designated pools within the ecosystem.
As of December 18, 2025, a Sdexex token is worth approximately $0.059573. The token price remains stable with minimal fluctuation in recent market activity.
PI price predictions for 2025 range widely based on market conditions and adoption rates. Bullish scenarios suggest prices could reach $0.60-$0.80, while conservative estimates remain lower due to ecosystem development uncertainties and market dynamics.
DeXe coin demonstrates strong potential as a decentralized exchange token with growing adoption in the Web3 ecosystem. Increasing trading volumes, enhanced platform features, and expanding user base position it for significant long-term growth, with expectations for continued market appreciation.











