dYdX (Native) price
DYDX

Q: What is the Allocation for DYDX?

DYDX is distributed to users by validators on the dYdX Chain on a 1-1 proportional basis based on the amount of Ethereum-based DYDX (ethDYDX) that each user sends to the [wethDYDX Smart Contract](https://etherscan.io/address/0x46b2deae6eff3011008ea27ea36b7c27255ddfa9). The allocation of DYDX is based on the allocation of ethDYDX. The allocation of ethDYDX changed since its launch on August 3, 2021 due to several governance proposals. The updated allocation of ethDYDX: * 27.7% is allocated to Investors * 15.3% is allocated to Employees and Consultants of dYdX Trading or Foundation * 7.0% is allocated to Future Employees & Consultants of dYdX * 14.5% is allocated to User Trading Rewards * 5.0% is allocated to Retroactive Rewards * 3.3% is allocated to Liquidity Provider Rewards * 26.1% is allocated to Community Treasury * 0.6% is allocated to Liquidity Staking Pool * 0.5% is allocated to Safety Staking Pool Source: [dYdX Documentation](https://docs.dydx.community/dydx-governance/start-here/dydx-allocations)

$2.10

1.28% (1d)

DYDX is the L1 token for the dYdX Chain. DYDX can be staked to secure the chain. As a reward for securing the network, 100% of protocol fees are distributed to Stakers, predominantly in USDC. DYDX can be utilized to participate in governance on the dYdX Chain, a fully decentralized, community governed platform. ethDYDX, a governance token for the dYdX v3 protocol, is undergoing a migration to dYdX Chain DYDX. If you have ethDYDX and want to bridge your tokens to the dYdX Chain to unlock expanded DYDX functionalities, read this how-to-bridge guide. For a detailed overview of the functionalities of dYdX Chain DYDX, read the dYdX Foundation’s Token Mechanics blog.

dYdX (Native) to USD Chart

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DYdX (Native) statistics

Market cap: 1.28%
$1,174,699,780
Volume (24h): 21.59%
$52,011,017
Volume/Market cap (24h): 4.43%
Circulating supply: 558,480,505 DYDX
Total supply: 754,030,660 DYDX
Max. supply: --
Fully diluted market cap: $1,586,017,135

Contracts

Osmosis: ibc/83...92E48C

Official links

Socials

Network information

UCID

28324

DYDX to USD Converter

DYDX

USD

Price performance

24h

Low

$1.99

High

$2.13

All-time high

Mar 07, 2024 (3 months ago)

$4.53

-53.55%

All-time low

Apr 13, 2024 (a month ago)

$1.62

+29.54%

See historical data

Popularity

In watchlists29,529x

1115th / 10.1K

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dYdX (Native) news

About dYdX (Native)

What Is dYdX Chain DYDX ?

The dYdX Chain is a proof-of-stake blockchain network built using the Cosmos SDK and leveraging CometBFT for consensus. The DYDX token is the L1 protocol token for the dYdX Chain, as agreed by the dYdX community through dYdX governance (Snapshot vote and an on-chain vote)

Holders of the DYDX token can use their tokens to run a Validator or stake their tokens to a Validator in order to participate in securing and governing the dYdX Chain network.

What is the Allocation for DYDX?

Migration to the dYdX Chain

dYdX Chain (DYDX) Tokenomics

Popular Tokens on the Osmosis Chain

Global Prices

dYdX (Native) Price Live Data

The live dYdX (Native) price today is $2.10 USD with a 24-hour trading volume of $52,011,017 USD. We update our DYDX to USD price in real-time. dYdX (Native) is up 1.28% in the last 24 hours. The current CoinMarketCap ranking is #76, with a live market cap of $1,174,699,780 USD. It has a circulating supply of 558,480,505 DYDX coins and the max. supply is not available.

If you would like to know where to buy dYdX (Native) at the current rate, the top cryptocurrency exchanges for trading in dYdX (Native) stock are currently Binance, UZX, Zedcex Exchange, OKX, and BlueBit. You can find others listed on our crypto exchanges page.

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