HEX (PulseChain) Price

HEX (PulseChain) is a cryptocurrency categorized as a decentralized finance (DeFi) instrument operating on the PulseChain network. It replicates a blockchain-based certificate of deposit.

The protocol enables users to stake HEX tokens for a self-selected period between 1 and 5,555 days, earning yield that escalates with commitment length. No intermediary collects a fee. Stakers themselves mint reward tokens through an on-chain interaction. The average annual percentage yield for a medium-duration stake is 38%, according to the protocol’s design.

HEX (PulseChain) operates as a PRC-20 token on the PulseChain network. It exists as a bridged asset, ported from the original Ethereum-based HEX token to leverage PulseChain’s lower transaction costs.

The token standard is PRC-20, with its smart contract deployed at the address 0x2b591e99afe9f32eaa6214f7b7629768c40eeb39, verifiable on the PulseChain block explorer. As a bridged token, it maintains a peg to the legacy HEX supply via a cross-chain mechanism. The codebase does not utilize a traditional proof-of-work or proof-of-stake consensus; instead, the minting of rewards relies entirely on the fulfillment of a time-locked staking condition.

The project’s genesis traces back to the broader HEX ecosystem, with the whitepaper hosted at hex.com/faq. Originating as an Ethereum token before the PulseChain network launched, the bridged variant emerged to offer faster, cheaper transactions. The United States is cited as its country of origin by certain aggregators.

The overarching objective is to function as a trustless savings instrument that eliminates depository intermediaries and central rate-setters. By encoding reward distribution directly into the smart contract, the protocol seeks to provide a high-yield alternative to traditional fixed-income products, with yield variability tied solely to individual lock-up choices and market conditions.

The HEX token serves as the sole staking asset within the protocol. Users lock their holdings in a smart contract, selecting a maturity date; upon reaching that date, the contract releases the principal plus an additional reward minted in HEX. Early withdrawal destroys a portion of the principal, redistributing it to longer-term stakeholders.

Stakers commit tokens for a predetermined interval, earning compoundable rewards that can be reclaimed only after the timer expires. Longer commitments—up to 5,555 days—generate exponentially larger payouts, while premature exits incur penalty forfeitures. The absence of fund custody means each participant independently executes the minting transaction when the lock period concludes.

HEX (PulseChain) has a total supply of 48,804,061,673.29 tokens. Currently, 0 are in circulation. With a market capitalization of $0, HEX (PulseChain) ranks #6,759 among all cryptocurrencies.