Is IDEX (IDEX) underperforming the global cryptocurrency market?

Given the current trends in the global cryptocurrency market, I must inquire: is IDEX (IDEX) truly underperforming? Its recent price movements seem to lag behind the broader market gains, despite positive developments in its ecosystem. Has the team behind IDEX been able to effectively communicate their roadmap and plans for future growth? Are investors losing faith in IDEX's ability to deliver on its promises? Or are there external factors, such as regulatory pressures or competition from other decentralized exchanges, that are affecting its performance? Clarifying these points would help us better understand IDEX's current market position.