Parallax Price (LAX)

The live Parallax (LAX) price today is $ 0.05248, with a 20.39% change over the past 24 hours. The current LAX to USD conversion rate is $ 0.05248 per LAX.
Parallax currently ranks #- by market capitalisation at $ 50,711, with a circulating supply of 966.30K LAX. During the last 24 hours, LAX traded between $ 0.051582 (low) and $ 0.06729 (high), reflecting market activity. Its all-time high stands at $ 0.194497, while the all-time low was $ 0.051582.
In short-term performance, LAX moved +1.67% in the last hour and -32.16% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of Parallax is $ 50.71K, with a 24-hour trading volume of --. The circulating supply of LAX is 966.30K, with a total supply of 966300.0. Its Fully Diluted Valuation (FDV) is $ 50.71K.
+1.67%
-20.39%
-32.16%
-32.16%
During today, the price change of Parallax to USD was $ -0.01344448322710457.
In the past 30 days, the price change of Parallax to USD was $ 0.
In the past 60 days, the price change of Parallax to USD was $ 0.
In the past 90 days, the price change of Parallax to USD was $ 0.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -0.01344448322710457 | -20.39% |
| 30 Days | $ 0 | -- |
| 60 Days | $ 0 | -- |
| 90 Days | $ 0 | -- |
In 2040, the price of Parallax could potentially see a growth of 0.00%. It could reach a trading price of $ --.
Parallax is a community-driven, Bitcoin-inspired Proof of Work blockchain with a fixed 21 million supply, a fair launch, and no premine or VC allocation. Designed from block zero with no privileged mining phase, it brings Bitcoin's monetary discipline to an EVM-compatible environment, combining predictable scarcity with the full power of Ethereum's smart contract ecosystem.
Built from a clean-room fork of Go-Ethereum, Parallax re-engineers the consensus, emission, and difficulty layers to follow Bitcoin's long-term security model. The network uses 10 minute blocks, Bitcoin-style halvings, and difficulty adjustments every 2016 blocks, providing stability, resistance to manipulation, and a cumulative Proof of Work fork choice that strengthens chain security over time.
Mining is powered by XHash, a custom Proof of Work algorithm derived from Ethash and optimized for modern GPUs through the open source Hashwarp miner. This design ensures mining remains accessible to regular participants rather than concentrated in specialized hardware, supporting a healthier and more decentralized network.
Parallax is entirely open source, with transparent emission logic, public repositories, and a fully auditable codebase. A dedicated Blockscout explorer provides real-time visibility into the network, while an organically growing ecosystem of miners, node operators, and developers continues to expand the chain and build new applications.
By uniting Bitcoin's economic foundations with Ethereum's programmability, Parallax delivers a stable, deflationary, and genuinely decentralized Proof of Work base layer for the next generation of on-chain applications.
MEXC is the leading cryptocurrency exchange trusted by over 10 million users worldwide. It is renowned as the exchange with the widest token selection, the fastest token listings, and the lowest trading fees in the market. Join MEXC now to experience top-tier liquidity and the most competitive fees in the market!
What is the current price of Parallax?
Trading at £0.038898928237824000, Parallax has shown a price movement of -20.39% over the last 24 hours.
How does token supply impact LAX's valuation?
Supply plays a major role: with 966300.0 tokens in circulation, scarcity or inflation can significantly affect price behavior over long horizons.
What is the market cap of Parallax?
Its market capitalization is £37587.7200813318000, ranking #8205 globally and indicating the scale of network adoption.
What's the 24h trading activity?
LAX recorded £-- in trading volume, demonstrating current liquidity and user activity.
What is the 24h price range?
It has moved between £0.0382333177660716000 and £0.049876312521402000, helping investors evaluate short-term momentum.
How does Parallax fit within the Smart Contract Platform,Layer 1 (L1),Proof of Work (PoW) category?
As a Smart Contract Platform,Layer 1 (L1),Proof of Work (PoW) token, LAX competes with similar assets based on utility, supply, adoption, and performance trends.
What long-term tokenomics trends matter?
Emissions, burns, unlock schedules, and staking rewards—often tied to -- economics—can affect future supply and market confidence.
| Time (UTC+8) | Type | Information |
|---|---|---|
| 12-30 13:36:31 | Industry Updates | Bitcoin spot ETF saw net outflow of $19.3 million yesterday, Ethereum spot ETF saw net outflow of $9.6 million yesterday |
| 12-30 07:29:57 | Industry Updates | $299 Million in Liquidations Across the Network in the Past 24 Hours, Both Longs and Shorts Wiped Out |
| 12-29 23:19:48 | Industry Updates | RWA Sector TVL Surpasses DEX, Ranks as Fifth Largest DeFi Track |
| 12-29 10:20:45 | Industry Updates | Crypto Market Trades Sideways, Bitcoin Maintains $88,000 Range, GMT Leads Altcoin Market Gains |
| 12-29 06:52:03 | Industry Updates | Institutions Exit During Christmas Holiday, Spot Bitcoin ETFs See Net Outflow of $782 Million |
| 12-29 05:49:53 | Industry Updates | Bitcoin Deposit Sentiment Continues, Past 24 Hours CEX Net Inflow 2,593.63 BTC |
Top cryptocurrencies with market data available on MEXC
Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is'' basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under MEXC’s control. MEXC is not responsible for the reliability and accuracy of such third-party sites and their contents.