DYDX

DYDX

dydxRank #269
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Market Data

DYDX Price
$0.13
DYDX 24h Change
-9.53%
DYDX 7d Change
-7.05%
DYDX Market Cap
$112.31M
DYDX 24h Volume
$3.52M
DYDX FDV
$127.21M
DYDX Circulating Supply
846,094,216
DYDX All-Time High
$4.52
DYDX Total Funding Raised
$85.00M

About DYDX

DYDX is the native utility and governance token for the dYdX ecosystem, a decentralized trading platform specialized in perpetual contracts and professional-grade financial instruments. Originally an Ethereum-based protocol, dYdX transitioned to its own custom Layer-1 appchain built using the Cosmos SDK to provide high leverage, deep liquidity, and off-chain order books with on-chain settlement. The token is used for protocol governance, earning trading rewards, and securing the network. The platform supports a variety of advanced trading features including margin trading, spot trading, and lending, further enhanced by the dYdX Unlimited upgrade which introduced instant market listings and the MegaVault liquidity engine.

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