What is PARALLAX(LAX)?

Basic information about LAX

Coin name:

Parallax

Coin symbol:

Coin introduction:

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.

Current Price:

$0.004951More coin details

All-time high:

$0.19

All-time low:

$0.004924

LAX Supply Info and Tokenomics

Circulating supply:

2,062,350

Total supply:

2,062,350

Max supply:

21,000,000

Market cap:

$10.21K

Fully diluted valuation:

$103.96K

What is the outlook and future value of LAX?

The current market cap of LAX is $10.21K, ranked 10671 in the market, showing that the market already recognizes the value of LAX. When a bull market arrives, the market cap of LAX may continue to grow.

Moreover, if LAX can play a greater role in real-world applications—such as if the Monero developers can fully empower LAX and establish partnerships with more business partners to expand its user base—then the long-term value of LAX will be further enhanced.

What is the price of LAX in 2027?

According to the historical price performance prediction model of LAX, the price of LAX is expected to reach $0.005198 at 2027.

Note: As with any crypto investment, investors should closely monitor LAX’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get LAX?

Purchasing LAX with cash is not the only way to obtain LAX. If you have enough time, you can get LAX for free.

Learn how to get Hot rewards for free with LAX.

Earn free LAX by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get LAX airdrops for free.

All crypto airdrops and rewards can be exchanged for LAX through LBank spot trading.

Buy LAX starting from $1

What is LAX used for and how to use it?

The use cases for LAX may grow with the development of the crypto market and project progress. Currently, you can use LAX to:

Arbitrage trading of LAX

LAX is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many LAX trading pairs to suit your needs.

Earn yield with LAX

You can also lend out LAX or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your LAX gains.

Send or pay with LAX

If you want to pay someone with LAX, you can easily and quickly send LAX to them using their receiving address.

You can also visit the official website of Parallax to learn more use cases of LAX, such as whether the Parallax project supports community/eco apps or buying physical or virtual goods with LAX.