Last updated：--
View ChartDRX Token (DRX) is an ERC-20 cryptocurrency built on the Ethereum blockchain, designed to bridge the worlds of sport tech apparel and blockchain innovation. The project positions itself as a "Leading sport tech apparel & crypto" initiative, combining NFC (Near Field Communication) technology with premium sportswear and decentralized ledger capabilities. DRX Token operates with a total supply of 50 billion DRX, of which approximately 664 million DRX is currently circulating, representing roughly 1.33% of the maximum supply. The project originated from DRX Wear, an apparel company specializing in soccer jerseys, and aims to transform the sports landscape in Asia by integrating blockchain technology into real-world sports applications and merchandise ecosystems.
The supply is fixed: no additional tokens are being created beyond the 50 billion DRX issued at inception.
Token allocation:
DRX Token was founded by Kashish Mony Topandasani and Sanjev Vengada Rama. Kashish Mony Topandasani (Kash Topan) is Founder and CMO of DRX Group; Sanjev Vengada Rama is co-founder. The project originated from DRX Wear, an apparel company specializing in soccer jerseys, which provided the foundational real-world business infrastructure for the token ecosystem. Pang Xue Kai, the founder of Tokocrypto, joined the DRX token team as an advisor on August 1, 2024, bringing significant experience from the Southeast Asian cryptocurrency exchange sector. The project states it has support from Bappebti (the Indonesian Commodity Futures Trading Regulatory Agency) and DPR RI (the Indonesian House of Representatives); its Jakarta launch event on March 3, 2025 was attended by Tirta Karma Senjaya, Head of Bappebti.
DRX Token operates on the Ethereum blockchain as an ERC-20 token, leveraging the network's established security and smart contract capabilities. The project's core innovation lies in combining NFC technology with premium sportswear. DRX Wear embeds NFC chips in jerseys so owners can scan the apparel to verify its authenticity, addressing counterfeit merchandise that erodes sports clubs' revenue. The token serves as the economic layer for this ecosystem, facilitating transactions, community incentives, and utility within the DRX sports technology platform. The whitepaper outlines the project's approach to addressing current issues in the sports industry through blockchain solutions, including market transparency and collaboration mechanisms.
DRX Token distinguishes itself through its dual focus on physical sportswear products and blockchain technology. Unlike purely digital crypto projects, DRX integrates NFC technology into tangible apparel, creating a bridge between physical merchandise and digital asset ecosystems. This real-world use case is further strengthened by the project's origins in DRX Wear, an established apparel company with existing manufacturing and distribution capabilities. The project's targeted focus on transforming the sports landscape in Asia, combined with support from Indonesian regulatory bodies, provides a foundation of legitimacy and market access. The advisory involvement of Pang Xue Kai, founder of Tokocrypto, adds significant industry credibility and regional expertise to the project's strategic direction.
DRX Token serves multiple functions within its ecosystem. Primarily, it acts as the native utility token for transactions and interactions within the DRX sports technology platform. The token facilitates community engagement and incentive mechanisms, with community members referred to as "Rangers" participating in ecosystem activities. DRX also acts as a liquidity provider for fan tokens developed by sports clubs and organizations, serving as the foundation for creating club-based fan tokens. DRX Token is also used in promotional events and rewards. Beyond transactional utility, the token represents a stake in the broader DRX vision of integrating blockchain with sports apparel, potentially enabling token-gated access to products, events, or digital experiences. DRX trades on Indonesian platforms including Indodax, Reku, Ajaib Alpha, Mobee, and Gudang Kripto, and was listed on global exchange BitMart on May 4, 2025.
The DRX Token ecosystem is actively developing through strategic partnerships and government engagement. In May 2025, Web3 startup DRX met with Indonesia's Immigration Ministry to explore digital identity, tokenized IDs, and future technology integration, signaling ambitions beyond sports apparel into broader digital identity applications. DRX Wear is an official kit partner for Liga 1 clubs including Dewa United FC, PSM Makassar, and PSIS Semarang, and the DRX SportNet app provides live scores, streaming, and gamified fan engagement. DRX Token supports Indonesia's sports industry through funding for grassroots sports development and financial support for legendary athletes. The project maintains an active community presence through social media platforms, with over 64,000 followers on X (Twitter) and regular engagement posts referring to community members as "Rangers." The community, called Rangers, participates in AMAs (e.g., a September 25 AMA with Crypto Exist offering 25 DRX to the 5 best questions); Web3 Marketing Manager Barik Hasnan has represented the project in live interviews. The ecosystem benefits from support from Bappebti and DPR RI. Trading availability has expanded to multiple platforms, and the project continues to develop its roadmap as outlined in its whitepaper, focusing on real-world use cases and the future of sports technology integration.
DRX Token operates as an ERC-20 token on the Ethereum blockchain, which utilizes a proof-of-stake consensus mechanism following Ethereum's transition to Ethereum 2.0. As such, DRX Token itself is not mined through traditional proof-of-work mining. The token was issued as a smart contract on Ethereum, with the total supply of 50 billion DRX created at inception. DRX is not mined; it is an ERC-20 token issued via smart contract with a fixed 50 billion supply. The tokenomics allocate 10% (5,000,000,000 DRX) to staking rewards, though the specific staking mechanics are not detailed in public materials. Token acquisition occurs through trading on supported platforms or through participation in ecosystem activities and promotions.
Securing DRX Token requires standard cryptocurrency safety practices. Since DRX is an ERC-20 token on Ethereum, it can be stored in any compatible Ethereum wallet that supports ERC-20 tokens, including hardware wallets, software wallets, and mobile wallets. For optimal security, use a hardware wallet to store private keys offline, protecting against online threats. Always verify the official contract address (0x83f4389ccCe1CC044dD7441Add33c4F28b967434) when interacting with the token to avoid counterfeit versions. Enable two-factor authentication on any exchange accounts holding DRX, and never share private keys or seed phrases with anyone. Be cautious of phishing attempts and unofficial links, and always access official websites and verified social media channels for project updates and information.
DRX Token is subject to market price volatility, and its value can rise or fall significantly. Regulatory treatment of crypto assets may change in Indonesia or other jurisdictions, which could affect availability and trading. Technical risks include smart contract vulnerabilities and the security of wallets and exchanges used to hold the token. The points above are informational and should not be read as guarantees of future performance.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
Choose DRX Token products that suit your trading style
Thank you for your interest in BTCC. Currently, spot and futures trading services for DRX are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of DRX Token (DRX) is $0.001525. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated DRX to USD rate at the top of BTCC’s price page. In terms of market scope, DRX Token records a 24h trading volume of $12.758211K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $1.012856M. Its current circulating supply stands at 664M out of a maximum supply cap of 50B.
The price volatility of DRX Token (DRX) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (664M) to max supply (50B), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, DRX Token (DRX) hit an all-time high (ATH) of $0.065375 on 2025-10-03 12:20, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.00063 on 2025-10-14 05:30. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading DRX futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($12.758211K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s DRXUSDT perpetual contracts support two-way trading. If you anticipate a price decline for DRX Token, simply log into your BTCC account with USDT margin available, navigate to the DRXUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for DRXUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.001525), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for DRXUSDT with zero financial risk.
Trading DRX Token (DRX) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for DRXUSDT, and review its live price ($0.001525) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before 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. BTCC 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 BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
Bitcoin
Ethereum
Tether USDt
BNB
XRP
Solana
Dogecoin
Cardano
Avalanche
