ACX, short for AC Index, also known as The Andre Cronje Index, is a synthetic crypto asset. Let's explore its key features:

I. Basic Information

• Ticker Symbol: ACX

• Full Name: Across Protocol (although in some contexts, it can also refer to AC Index)

• Core Algorithm: Ethash

• Consensus Mechanism: Based on the Ethereum blockchain.

• Maximum Supply: 1 billion coins

• Current Supply: 1 billion coins (fully issued)

• Circulating Supply: Dynamically adjusts based on market conditions. The latest data suggests approximately 353 million coins (refer to the latest market data for the most current figure).

• Circulation Rate: 35.34%

II. Price and Market Performance

• Latest Price: The price fluctuates based on market supply and demand. Check real-time data on major exchanges for the latest price. As an example, on June 27, 2024, ACX was trading around ¥2.52 (approximately $0.35), but this is just a reference point, and the actual price can vary.

• All-Time High: ¥3.27

• All-Time Low: ¥0.25

• Market Cap: ACX's total market capitalization fluctuates with price changes. It reached a peak of ¥2.521 billion. The circulating market cap is calculated based on the circulating supply and price, currently around ¥8.91 billion (refer to the latest market data).

III. Features and Functionality

• Elastic Supply: ACX is an elastic and adaptive digital currency, allowing its supply to adjust daily based on market conditions. When market conditions worsen (market cap declines), the supply increases, and vice versa. This mechanism helps maintain relative price stability.

• Non-Diluted Ownership: While ACX's supply adjusts dynamically, the percentage of ownership held by each holder remains unchanged, meaning it's not diluted by supply inflation.

• Community Governance: ACX also functions as a community governance token, with the community governing aspects like rebase frequency, index component adjustment rules, and the listing of ACX on exchanges.

• Cross-Chain Bridge: Across Protocol (while the token is shortened to ACX, in this context, it refers to the protocol itself) is a cross-chain bridge for Optimistic Rollup L2 solutions. It optimizes capital efficiency through a single liquidity pool, a competitive relay landscape, and a fee model without slippage.

IV. Applications

• Tracking the DeFi Community: ACX allows traders to track the essence of the entire DeFi community with a single token, particularly projects associated with Andre Cronje, the founder of Yearn.Finance.

• Liquidity Provision and Staking Rewards: ACX holders can provide liquidity to decentralized exchanges like Uniswap and earn corresponding staking rewards.

Important Note: This information is based on the provided context. Always conduct thorough research and due diligence before making any investment decisions.