HEX wallet

What is HEX (HEX)?

HEX is an ERC-20 token on Ethereum built around a time-lock mechanic its author called a certificate of deposit. A holder can commit tokens to a stake for a chosen number of days; while a stake runs, those tokens are not in the wallet balance at all, they are recorded inside the contract, and the stake has an end date attached. Ending one before that date triggers a penalty defined in the contract, and leaving one unclaimed well past its end date incurs another. The contract enforces this by itself, without anyone to appeal to.

That design makes key custody the central question for a HEX holder rather than an afterthought. A stake may run for years, and only the address that created it can end it. Losing access to that address means the position simply expires in place.

There is also a naming problem to be aware of. A copy of HEX exists on PulseChain, created when that chain forked Ethereum's state, and bridged representations circulate elsewhere. These are separate balances on separate networks, not one token viewable from several places, and a transfer only works within the network the tokens are actually on. Hex Trust USD, ticker USDX, is an unrelated asset despite the name.

Supported networks in Tangem (2): Ethereum, Polygon POS. Because the keys are created inside the card's secure element and cannot be extracted, and a duplicate card from the same set restores the identical address, an address holding a multi-year HEX position stays recoverable for as long as one of the cards exists. That kind of patience is exactly what HEX asks for.