Performances
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.87% | 7.50% | 3.62% | 22.01% | 149.94% | 148.04% |
Comparison
Fundraising not disclosed
Token not listed
Token not listed
Details
This content is generated by RD AI and is for reference only
HEX is an ERC20 token on the Ethereum blockchain designed to replicate time deposits through smart contracts. Users lock HEX for a chosen period (1 to 5555 days), during which tokens are non-transferable. Upon maturity, they receive principal plus additional rewards based on lock duration—longer locks yield higher rewards. Its mechanism includes daily inflation distribution, early-unstake penalties, and reward calculation based on locked share weight. The contract is audited, immutable, and has no central entity; users must safeguard their private keys.
Top Holders
Follow Updates
Follow Lists
People
About HEX
HEX is an Ethereum-based cryptocurrency created by Richard Heart in 2019, positioning itself as a "blockchain certificate of deposit." Its core business allows users to earn interest by staking HEX tokens, with staking periods ranging from 1 day to 15 years and annual yields up to 38%.
HEX's core narrative is the "Proof of Time" mechanism, which incentivizes long-term holding through penalties for early unstaking. Its T-Shares system distributes daily interest based on staking amount and duration, aiming to reduce market selling pressure. Traditional finance offers low and opaque CD rates, and HEX attempts to provide a transparent, decentralized alternative through blockchain technology.
From March to September 2026, HEX experienced significant price volatility, with a security rating of 63% in July. It primarily trades on decentralized exchanges like Uniswap. Notably, HEX has faced criticism for being perceived as a Ponzi-like scheme, and founder Richard Heart's marketing tactics have been controversial.
HEX was launched in 2019 as an ERC-20 token on Ethereum, marketed as a blockchain-based certificate of deposit with staking rewards. In September 2021, its market cap peaked at $84.4 billion before collapsing over 99% by 2023. In July 2023, the SEC sued founder Richard Heart for unregistered securities and misusing funds, alleging he raised over $1 billion and spent $12 million on luxury goods. In 2024, Finnish authorities began investigating Heart for serious tax evasion and assault, leading to an Interpol Red Notice in December. In April 2025, a U.S. federal court dismissed the SEC's case for lack of jurisdiction, marking the first time a Layer 1 blockchain founder won against the SEC. This set a legal precedent for decentralized projects, though Heart still faces Finnish charges.
Richard Heart (real name Richard James Schueler) is the founder of HEX. He is an American entrepreneur, YouTuber, and philanthropist. He created HEX as the world's first high-interest blockchain certificate of deposit. He also founded PulseChain and has raised over $27 million for medical research.
No other co-founders are publicly confirmed. Aside from the founder, no other core executives with reliable public profiles are listed for HEX.