MX Token vs Subsquid — how do they compare? MX Token trades at Rp29,165 (market cap Rp2,68T, Rp54,11M 24h volume), while Subsquid trades at Rp839.67 (market cap Rp923,94M, Rp138,14M 24h volume). The key difference: MX Token is far larger — about 2900.6× Subsquid's market cap, and MX Token's circulating supply is 91,8M / 413,8M MX (23%) versus 1,1B / 1,3B SQD (84%) for Subsquid. Which is the better fit depends on your goals — on Pluang, investors hold MX Token for 22 Days and Subsquid for 8 Days on average.
| MX | SQD | |
|---|---|---|
Market Cap | Rp2,68T | Rp923,94M |
Volume (24h) | Rp54,11M | Rp138,14M |
Circulating Supply | 91,8M / 413,8M MX (23%) | 1,1B / 1,3B SQD (84%) |
Typical Hold Time | 22 Days | 8 Days |
What Pluang investors did over the last 30 days
MX is the native cryptocurrency token launched by the centralized exchange (CEX) MEXC in 2019. MX powers the MEXC ecosystem and offers its holders access to unique features and benefits within the platform. Holders have the right to vote on business decisions, participate in team elections, and enjoy priority access to various activities and events.
Read more on MX →Subsquid Network is a decentralized data lake and query engine designed to provide developers with fast, permissionless access to blockchain data. Its modular architecture, secured by zero-knowledge (ZK) proofs, enables scalable blockchain indexing, decentralized application (dApp) development, and robust analytics. Unlike rigid monolithic indexing frameworks that struggle to adapt in today's rapidly evolving blockchain environment, Subsquid offers a flexible, efficient, and decentralized alternative to centralized RPC and API providers. This approach paves the way for a more open, neutral, and developer-friendly Web3.
Read more on SQD →