DYDX

dYdX (Native) price
DYDX
#98

$1.44  

6.94% (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
$1.02B

6.94%

Volume (24h)
$44.31M

23.80%

FDV
$1.11B
Vol/Mkt Cap (24h)
4.3%
Total supply
773.78M DYDX
Max. supply
--
Circulating supply
712.14M DYDX
DYDX to USD converter
DYDX
USD
Price performance
24h 
Low
$1.43
High
$1.60
All-time high
Mar 07, 2024 (10 months ago)
$4.53
-68.11%
All-time low
Sep 06, 2024 (4 months ago)
$0.8067
+79.04%
See historical data

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.

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About dYdX (Native)

What Is dYdX ?

dYdX is DeFi’s pro trading platform and a pioneer in decentralized finance, known for being the first to offer decentralized margin trading and derivatives, as well as inventing flash loans and DEX aggregators in 2018. Built on a custom Layer-1 blockchain using the Cosmos SDK, dYdX provides a professional-grade, decentralized trading experience with high leverage, deep liquidity, and low fees. Governed by the community through the DYDX token, dYdX is focused on delivering a transparent and user-driven financial system. This November, dYdX Unlimited launches, bringing instant market listings, the MegaVault liquidity engine, revamped trading rewards, and lifetime affiliate commissions, setting a new standard for decentralized trading.

What Is dYdX Chain DYDX ?

What is the Allocation for DYDX?

Migration to the dYdX Chain

dYdX Chain (DYDX) Tokenomics

 
 
 
 
 
 
2221

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