ETHDYDX

dYdX (ethDYDX) price 
ETHDYDX

$3.05  

14.22% (1d)

ethDYDX is undergoing a migration to dYdX Chain DYDX which unlocks expanded utility for the token. Read more information about the DYDX token migration. If you want to bridge ethDYDX to dYdX Chain DYDX, use the how-to-bridge guide. For a detailed overview of the new utility of dYdX Chain DYDX, read the Token Mechanics blog.

dYdX (ethDYDX) to USD Chart

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DYdX (ethDYDX) statistics
Market cap
 

14.22%

$902,045,961
#97
Volume (24h)
 

99.54%

$114,072,652
#112
Volume/Market cap (24h)
 
12.65%
Circulating supply
 
295,616,430 ETHDYDX
Total supply
 
536,043,997 ETHDYDX
Max. supply
 
--
Fully diluted market cap
 
$1,635,688,254
ETHDYDX to USD Converter
ETHDYDX
USD
Price performance
24h 
Low
$3.03
High
$3.57
All-time high
Sep 30, 2021 (2 years ago)
$27.78
-89.02%
All-time low
Sep 08, 2021 (3 years ago)
 
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Popularity
In watchlists167,207x
328th / 9.1K
Do you own this project? Update Token Info

ethDYDX is undergoing a migration to dYdX Chain DYDX which unlocks expanded utility for the token. Read more information about the DYDX token migration. If you want to bridge ethDYDX to dYdX Chain DYDX, use the how-to-bridge guide. For a detailed overview of the new utility of dYdX Chain DYDX, read the Token Mechanics blog.

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dYdX (ethDYDX) news

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

About dYdX (ethDYDX)

What Is DYDX (dYdX)?

Ethereum-based DYDX ($ethDYDX) is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol built on Ethereum ("dYdX v3"). ethDYDX is currently undergoing a migration from Ethereum to the dYdX Chain. More information is available here. If you want to migrate ethDYDX to dYdX Chain DYDX, to enable staking, security and governance of the dYdX Chain you can follow the how-to-bridge guide here.

If you want to read about the new token utility for dYdX Chain DYDX you can read the blog here

ethDYDX (dYdX) is the governance token for the layer 2 protocol built on Ethereum. By enabling shared control of dYdX v3, ethDYDX allows traders, liquidity providers, and partners of dYdX to work collectively towards an enhanced dYdX v3.

Built on StarkWare’s StarkEx scalability engine, layer 2 is used for trading of cross-margined perpetuals on the platform. The scaling solution allows dYdX to increase transaction speed, eliminate gas costs, reduce trading fees and lower​​ minimum trade sizes on the protocol.

A total of 1,000,000,000 ethDYDX have been minted, and started to become accessible over five (5) years, on August 3rd, 2021, at 15:00:00 UTC.

Who Are the Founders of dYdX?

What Makes dYdX Unique?

What is the allocation of ethDYDX?

How Is the dYdX Network Secured?

When Will DYDX Trading Begin?

Where Can You Buy DYDX?

Migration to the dYdX Chain

- 27.7% (277,295,070 $ethDYDX) to past investors of dYdX Trading Inc.

- 15.3% (152,704,930 $ethDYDX) to founders, employees, advisors, and consultants of dYdX Trading Inc. or dYdX Foundation

- 7.0% (70,000,000 $ethDYDX) to future employees and consultants of dYdX Trading Inc. or the dYdX Foundation

- 14.5% (144,693,506 $ethDYDX) based on the Trading Rewards Formula

- 5.0% (50,309,197 $ethDYDX) is allocated to Retroactive Mining Rewards

- 3.2% (31,643,838 $ethDYDX) based on the Liquidity Provider Rewards Formula(s)

- 26.1% (261,133,225 $ethDYDX) to the Community Treasury

- 0.6% (5,779,608 $ethDYDX) to users staking $USDC to a Liquidity Staking Pool

-0.5% (5,289,934 $ethDYDX) to users staking $ethDYDX to a Safety Staking Pool

Note:

 
 
 
 
 
 
 
 
 
 

dYdX (ethDYDX) analytics

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