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Market Data
DYDX Price
$0.11
DYDX 24h Change
+2.16%
DYDX 7d Change
-11.73%
DYDX Market Cap
$93.68M
DYDX 24h Volume
$3.51M
DYDX FDV
$105.79M
DYDX Circulating Supply
848,607,939
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.
Andreessen Horowitz (a16z) Portfolio Appchains Cosmos Ecosystem DeFiance Capital Portfolio DeFi Delphi Ventures Portfolio Derivatives Decentralized Exchange (DEX) Decentralized Finance (DeFi) DragonFly Capital Portfolio Exchange-based Tokens GMCI DeFi Index GMCI Index Governance Layer 1 (L1) Made in USA Osmosis Ecosystem Perpetuals Polychain Capital Portfolio Smart Contract Platform Perp
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