0xDNX is wrapped DNX locked in the Dynex Holder Incentive Program (DHIP) — an ERC-20 token on Ethereum representing DNX committed to the program. The standard Ethereum block explorers show you raw token balances but give you no distribution context: what percentage of total 0xDNX supply does the top holder control? How concentrated is ownership among the top 10 versus top 50 addresses? How many unique addresses currently participate? This richlist answers those questions in real time. Free, no login required. Open the 0xDNX DHIP v2 Richlist.
Technical overview of the monitor is on GitHub: dynex-0xdnx-dhip-richlist-monitor. For on-chain DNX large transaction monitoring see the Dynex Large Transaction Monitor. For MEXC exchange-side data see the MEXC Real-Time Order Flow Dashboard. Official Dynex website: dynexcoin.org.
What 0xDNX and DHIP Actually Are
DHIP is the Dynex Holder Incentive Program. Participants lock their DNX and receive 0xDNX — a wrapped ERC-20 token on Ethereum — representing their locked position. The 0xDNX token is what this richlist tracks. It is not the same as native DNX on the Dynex chain; it is the Ethereum-side representation of DNX committed to the program.
Why does the distribution of 0xDNX matter? Because the DHIP concentrates a significant portion of DNX supply in a relatively small number of committed holders. Understanding how that supply is distributed — whether it is held by hundreds of small participants or concentrated among a handful of large addresses — gives you insight into the program’s health and potential market dynamics if holders exit or accumulate further.
Summary Statistics Panel
The top of the richlist shows consolidated metrics that give you the distribution picture at a glance without reading individual rows:
- Total holders — the number of unique Ethereum addresses currently holding 0xDNX. This is the actual participant count in DHIP, not estimates.
- Total 0xDNX in DHIP — the total supply of 0xDNX currently in the program. This represents the amount of DNX committed by all participants combined.
- Top 10 concentration percentage — what share of the total 0xDNX supply is held by the ten largest addresses. If this number is above 70–80%, the program’s supply is heavily concentrated. If it is below 50%, distribution is meaningfully spread across the holder base.
- Top 50 concentration percentage — the same metric for the top 50 addresses. Comparing top 10 versus top 50 tells you whether there is a steep drop-off in holdings after the largest addresses or a more gradual distribution curve.
These four numbers together answer the most important question about any token distribution: is this program genuinely distributed across the community or is it functionally controlled by a small group?
Individual Holder Data
Each row in the richlist shows:
- Rank — position in the holder list ordered by balance descending.
- Wallet address — the full Ethereum address, linked directly to the Ethereum block explorer so you can verify the balance, see the address’s transaction history, and check other token holdings independently.
- Token balance — the exact 0xDNX balance with configurable decimal precision.
- Percentage of total supply — the share of total 0xDNX held by that address. This is the metric standard block explorers do not calculate for you — you would have to manually divide the balance by total supply, which the richlist does automatically for every address.
Filtering and Real-Time Updates
The richlist supports filtering by minimum balance or minimum percentage threshold. If you only want to see addresses holding more than 1% of supply, set the filter and the list trims to those addresses. This is useful when you want to focus on addresses large enough to have meaningful market impact if they exit the program.
The list refreshes automatically at configurable intervals — you do not need to reload the page. Changes to holder balances appear within minutes of the Ethereum blockchain updating. If a new address enters DHIP, their rank appears in the list. If an existing holder exits, their address drops out. The holder count and concentration statistics update accordingly.
What to Watch For in the Distribution
Concentration trend over time
If the top 10 concentration percentage is rising month over month, supply is consolidating into fewer hands — either smaller holders are exiting DHIP or larger addresses are acquiring more. If it is falling, the program is attracting new participants and distributing supply more broadly. Neither is inherently good or bad, but the direction matters for assessing program health.
New large addresses entering the list
When an address that was not previously in the richlist appears in the top 20, it means a significant amount of DNX has been newly committed to DHIP. That is a direct signal of fresh conviction from a large participant. Conversely, a top-20 address disappearing from the list means a large holder has exited — worth noting as a potential supply event depending on what they do with the unlocked DNX.
Holder count growth rate
Total holder count growing steadily indicates the DHIP is attracting new participants. Stagnant or declining holder count while total supply remains constant means existing holders are consolidating positions rather than new participants entering. Both of these patterns read differently from the raw DNX price chart alone.
Frequently Asked Questions
What is 0xDNX?
0xDNX is an ERC-20 token on Ethereum representing DNX locked in the Dynex Holder Incentive Program (DHIP). It is not the same as native DNX on the Dynex chain. When you participate in DHIP, your DNX is wrapped and you receive 0xDNX tokens representing your position in the program.
Why is the richlist on Ethereum rather than the Dynex chain?
Because 0xDNX is an ERC-20 token that lives on Ethereum. The richlist connects directly to the Ethereum blockchain to scan for all addresses holding 0xDNX and calculate their balances and percentages. All addresses in the list link to the Ethereum block explorer, not the Dynex block explorer.
How is this different from checking Etherscan directly?
Etherscan shows you raw balances for 0xDNX holders but does not calculate percentage of total supply per address, does not show top 10 and top 50 concentration statistics, and does not automatically update a ranked list. You would have to manually compute all of that. This richlist does it automatically and keeps it current.
How often does it update?
The richlist refreshes automatically at configurable intervals. Changes appear within minutes of the Ethereum blockchain updating.
Is it free?
Yes, currently free with no registration required.
→ Open the 0xDNX DHIP v2 Richlist — updates automatically, no login required.
Technical overview on GitHub: dynex-0xdnx-dhip-richlist-monitor. See all Logic Encoder tools at the applications page.
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