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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dYdX PriceDYDX

124
Token
$0.51 2.04%
0.00000484 BTC1.43%0.000202 ETH0.92%

Low (24h)

$0.51

$0.53

dYdX Price Today

124
Token
Market Cap
$399,119,305.13
Market Dominance
0.01%
Market Cap
$399,119,305.13
Market Dominance
0.01%
Fully Diluted Market Cap
$450,636,768.57
YTD (%)
-65.49%
Volume (24h)
$8,955,111.27
Volume / Market Cap
0.02244
Circulating Supply
787,641,744 DYDX
Max Supply
-
Total Supply
787,641,744
1h24h7d30d60d90d
-0.77%-2.04%-5.65%-23.30% -7.57% -16.99%





DYDX to USD

coin image DYDX

1

DYDX

=

USD

dYdX Risk Analysis

1

2

1

dYdX (DYDX) Markets


dYdX Quarterly Returns

YearQ1Q2Q3Q4Total
2023----12.89%-12.89%
202416.86%-59.44%-28.82%45.16%-51.02%
2025-56.07%
Average-19.61%-29.72%-14.41%22.58%-31.96%

Introduction to dYdX

DYDX Chain is a trading platform that works on decentralized technology. This network is built with Cosmos SDK using a proof-of-stake blockchain network and CometBFT consensus. Its native token, DYDX, is an L1 protocol token, and its work is to govern the network. Users and community members can acquire this token by snapshot vote or on-chain vote. Users can even stake these tokens to take part in the network decision-making process.

Who Are the Founders of dYdX?

This network was founded in the year 2017 by Antonio Juliano. He is an expert programmer and has experience in blockchain technology.

What Makes dYdX Unique?

There are many factors that make this network unique. Below listed are its two main features:

  • Decentralization

This network works on decentralized blockchain technology. Thus, the use of any intermediaries is removed, enabling quick and low-cost transaction fees.

  • zkSTARKS

This is an enhanced scalable zero-knowledge rollup technology. It gathers proofs and validates the batches of transactions off-chain at the same time. Once the proofs are validated, they are sent back to the blockchain, where the smart contracts carry out the verification process. Thus, it helps in minimizing the extensive computational powers. 

Where Can You Buy DYDX?

This token is at present available on various different exchanges like Binance, Huobi Global, Gate.io, etc. To buy this token, you will have to follow these easy steps.

  • Search for a reliable exchange that supports this token.
  • Create your account.
  • Deposit funds.
  • Place purchase orders.
  • After receiving the coins, transfer them into secure wallets. 

Migration to the dYdX Chain

WethDYDX smart contracts are used by this network that allow the ethDYDX to migrate from Etherum to the Dydx chain.  It will make these tokens L1, which can be used for the validation process to take part in the staking.

 

How Much is a One dYdX Worth Now?

The current price of the dYdX(DYDX) is $0.51, with a current market cap $399,119,305.13.

What is the dYdX Stock Symbol or Ticker?

DYDX is a ticker symbol of the dYdX.

How Many DYDX Coins Are There in Circulation?

At the movement,787.64M dYdX tokens are already in the market out of 889.31M DYDX.

How Can I Invest in dYdX?

There are many options for buying crypto, and dYdX can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy dYdX. It's a quick, easy, and secure way to buy dYdX(DYDX).

Is dYdX a Stablecoin?

No, It is not a stablecoin.

What Was the Lowest Price for dYdX?

dYdX had an all-time low of $0.49.

What Was the Highest Price for dYdX?

dYdX had an all-time high of $4.53.

dYdX Price Prediction

The current dYdX price is $0.51. In the last 24 hours, dYdX price has gone up by -2.04%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future dYdX price prediction.

Portfolio Tracker

Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired dYdX at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.

Coin Converter

By exchanging DYDX against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, dYdX can be earned or received in various ways. DYDX considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the DYDX.

Would you like to know how many cryptocurrencies 1 DYDX is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs.

DYDX Price Current Data

dYdX price today is $0.51 USD, which is Down by -2.04% over the last 24 hours. There has been an hourly Dip by -0.77%. dYdX's market cap currently sits at $399,119,305.13 USD, holding up for a market cap rank at #124. The volume were at $8,955,111.27 USD dYdX ranks no 124 in the market capitalization of dYdX is at $399,119,305.13 and its volume for 24 hours is $8,955,111.27. dYdX are under circulation, with total supply of 889.31M and the Maximum supply of 0.

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DYDX Price Statistics

dYdX Price Live

DYDX Price

$0.51

Percentage Change ( 24h )

2.04%

$0.0217
24h High / Low

$0.53 /

$0.51

Trading Volume 24h

$8,955,111.27

Volume / Market Cap

0.02244

Market Dominance

0.01%

Market Rank

124

Market Cap

$399,119,305.13

Fully Diluted Market Cap

$450,636,768.57

All Time High

$4.53

88.74%
All Time Low

$0.49

4.08%
Circulating Supply

787,641,744 DYDX

Total Supply

889,308,850 DYDX

Max Supply

-