What is BXH? Recent News, Fundraising and Token

Author: Liquidity.Land

Last updated: October 22, 2025

3 min read

BXH

@BxhNft 🏃🏽Secure, Fairness and Transparency 🏃🏽Invest, earn high revenue 🏃🏽#Gate.io, #MEXC, #Huobi, #Binance, #AVAX, #OKX #Crypto #CeFi #DeFi

Start Earning with Liquidity.Land

Join Liquidity Land and boost your staking and airdrop rewards by 15-50% in Tier1 chains and protocols.

Launch the app

Key Takeaways

BXH is a cross-chain DeFi platform originally developed on Huobi ECO Chain (HECO), offering services like AMM swaps, staking, and lending protocols.
The project experienced a significant hack in 2021, resulting in the loss of approximately $130-139 million in user funds.
BXH features a native token used for governance and staking, but has shown limited activity since 2022 based on available updates.

What is BXH?

BXH, also known as Bitcoin Dex on HECO, is an innovative decentralized exchange (DEX) trading platform developed on the Huobi ECO Chain, with expansions to chains like Binance Smart Chain and OKExChain. It functions as a one-stop cross-chain DeFi platform, providing features such as AMM swaps, single and liquidity pool staking, DAO autonomic community governance, and incentive policies for users. According to its official Medium page and X posts, BXH aims to offer low-fee trading and multi-chain staking to enhance DeFi accessibility.

How Does BXH Work?

BXH operates as a DEX with automated market maker (AMM) functionality, allowing users to swap tokens with low fees starting from $0.001 on supported chains. Users can participate in single pool and liquidity pool staking to earn rewards, while the DAO autonomic community enables governance through token holder voting. The platform's lending protocol, modified based on the Compound protocol, supports decentralized lending and borrowing across chains like Binance Smart Chain, where users can stake assets and engage in initial mining activities as announced in official X posts.

In practice, users connect wallets to the platform via its website, add liquidity to pools, stake tokens for yields, or borrow/lend assets through smart contracts. The cross-chain design facilitates seamless interactions across ecosystems, with incentive policies to boost participation, as detailed in BXH's Medium articles on lending and ecosystem empowerment.

What Makes BXH Unique?

Cross-chain compatibility, enabling deployments on multiple blockchains like HECO, BSC, and OKExChain, which allows for broader accessibility and reduced dependency on a single network (evidenced by launch announcements on official X account).
Integration of lending protocols modified from Compound, combined with AMM swaps and staking, positioning it as a comprehensive DeFi hub rather than a single-function DEX (per Medium introduction to BXH lending protocol).
Low swap fees and incentive programs, such as DAO governance and mining rewards, designed to attract users in competitive DeFi landscapes (highlighted in X posts about launches and features).

BXH Native Token

The BXH token serves as the platform's governance and utility token, enabling holders to participate in DAO voting, stake for rewards in single and liquidity pools, and access incentive programs. It is used to facilitate transactions, mining, and community-driven decisions within the ecosystem.