ETHDYDX to PHP Price Today
ETHDYDX to PHP
ETHDYDX1
ETHDYDX
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PHP
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.22% | -5.34% | -2.64% | 12.48% | 7.13% | -12.72% |
Compare dYdX (ethDYDX) with other crypto
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.22% | -5.34% | -2.64% | 12.48% | 7.13% | -12.72% |
ETHDYDX to PHP
ETHDYDX1
ETHDYDX
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PHP
dYdX (ethDYDX) Risk Analysis
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Has the price increased over the past year?
Price has decreased by -69.22% in the last 1 year.
Have the last 30 trading days been positive?
The number of green days in the last 30 days is 10 which is 34%.
Is the total supply of dYdX (ethDYDX) higher than the circulating supply?
The circulating supply has yet to be published.
The liquidity based on market capitalization to volume ratio should be sufficient.
Has high liquidity with 0.10301 volume to market cap ratio. The current market cap is ₱11.66B while the 24-hour volume is ₱1.2B
dYdX (ethDYDX) (ETHDYDX) Markets
dYdX (ethDYDX) Quarterly Returns
| Year | Q1 | Q2 | Q3 | Q4 | Total |
|---|---|---|---|---|---|
ETHDYDX comes under the list of new-arrival cryptos. Hence, there is no Quarterly Return exist. | |||||
Introduction to dYdX (ethDYDX)
With the Ethereum-based governance token DYDX ($ethDYDX), the dYdX community may control the Layer 2 Protocol ("dYdX v3"). EthDYDX is migrating to dYdX. This article explains how to connect ethDYDX to dYdX Chain DYDX for staking, security, and governance.
EtherDYDX is the Ethereum protocol layer 2 governance token. EthDYDX allows traders, liquidity providers, and partners to share power to develop dYdX v3.
StarkWare's StarkEx scalability engine layer 2 supports cross-margined perpetual trading. Expanding the protocol may improve transaction speed, gas prices, trading fees, and minimum deal sizes for dYdX.
At 15:00:00 UTC on August 3, 2021, 1,000,000,000 ethDYDX were minted and distributed over five years.
Who Are the Founders of dYdX?
Antonio Juliano is a programmer who knows a lot about blockchain. He started and runs dYdX Trading Inc. He got into the crypto business after becoming a software engineer at Coinbase in 2015. Juliano, who graduated from Princeton University with a degree in computer science, started dYdX in early 2017.
What Makes dYdX Unique?
It is possible for the network to grow because it uses a type of zero-knowledge rollup called zkSTARKS. While verifying a group of deals off-chain, the system gets proofs. After that, these proofs are sent back to the blockchain and checked by a smart contract. Because of zkSTARKS, it is possible to move processes that cost a lot of money off of the mainnet without affecting decentralization.
What is the Allocation of ethDYDX?
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.
The five-year allocation of the total supply of ethDYDX was initially as follows:
- 27.7% is allocated to Investors
- 14.5% is allocated to User Trading Rewards
- 15.3% is allocated to Employees and Consultants of dYdX Trading or Foundation
- 5.0% is allocated to Retroactive Rewards
- 5.2% is allocated to Liquidity Provider Rewards
- 7.0% is allocated to Future Employees & Consultants of dYdX
- 24.2% is allocated to Community Treasury
- 0.6% is allocated to Liquidity Staking Pool
- 0.5% is allocated to the Safety Staking Pool
Since the launch of ethDYDX, several governance proposals have resulted in changes to the initial allocation.
How is the dYdX Network Secured?
DYDX is an ERC-20 coin that is used on the mainnet of Ethereum. StarkWare's ZK-STARKS technology is used to build dYdX's layer 2 scaling solution, and the Ethereum blockchain is used to check transaction proofs.
When Will DYDX Trading Begin?
DYDX token first became available for purchase in September 2021.
When the dYdX Chain Open Source Software came out on June 22, 2022, it was the next version of the dYdX system. The dYdX Chain is a proof-of-stake blockchain network, which means that validators must stake a Layer 1 ("L1") protocol token to keep the chain safe and stakers must stake a token to run it. People who own L1 tokens can run or put their tokens on a validator to keep the network safe and in order. ethDYDX moves from Ethereum to dYdX with the help of the wethDYDX Smart Contract.
The following tasks are automatically and without permission done by WethDYDX:
- Smart Contracts: Get ethDYDX coins sent by users and lock them permanently in the wethDYDX
- Smart Contract; Send the user a wrapped version of the Ethereum-based DYDX token called "wethDYDX" in a 1:1 ratio on Ethereum.
- Once Step 1 is done and the ethDYDX is permanently locked in the Smart Contract, dYdX Chain validators can read and ingest the information in the wethDYDX Smart Contract to distribute DYDX to users.
- 14.5% (144,693,506 $ethDYDX) based on the Trading Rewards Formula
- In DIP 16 and DIP 20, the dYdX community voted to reduce trading rewards by a total of 2.3M $ethDYDX. (958,904 $ethDYDX from DIP 16 and 1,294,520 $ethDYDX from DIP 20). The 2.3M $ethDYDX will accrue in the Rewards Treasury and can be used by the dYdX community with a governance vote.
- In DIP 29, the dYdX community voted to reduce trading rewards by ⅓ from Epoch 30-32 on dYdX v3 to the following values:
- Epoch 30: 1,054,795 $ethDYDX
- Epoch 31: 527,398 $ethDYDX
- Epoch 32: 0 $ethDYDX
How Much is a One dYdX (ethDYDX) Worth Now?
The current price of the dYdX (ethDYDX)(ETHDYDX) is ₱53.05, with a current market cap ₱11,662,465,947.24.
What is the dYdX (ethDYDX) Stock Symbol or Ticker?
ETHDYDX is a ticker symbol of the dYdX (ethDYDX).
How Many ETHDYDX Coins Are There in Circulation?
At the movement,219.86M dYdX (ethDYDX) tokens are already in the market out of 396.49M ETHDYDX.
How Can I Invest in dYdX (ethDYDX)?
There are many options for buying crypto, and dYdX (ethDYDX) 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 (ethDYDX). It's a quick, easy, and secure way to buy dYdX (ethDYDX)(ETHDYDX).
Is dYdX (ethDYDX) a Stablecoin?
No, It is not a stablecoin.
What Was the Highest Price for dYdX (ethDYDX)?
dYdX (ethDYDX) had an all-time high of ₱1,557.11.
dYdX (ethDYDX) Price Prediction
The current dYdX (ethDYDX) to PHP price is ₱53.05. In the last 24 hours, ETHDYDX to PHP price has gone up by -5.34%. 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 (ethDYDX) 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 (ethDYDX) 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 ETHDYDX against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, dYdX (ethDYDX) can be earned or received in various ways. ETHDYDX 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 ETHDYDX, including ETHDYDX to PHP, ETHDYDX to INR, ETHDYDX to NGN, ETHDYDX to THB, ETHDYDX to CAD, ETHDYDX to PKR, ETHDYDX to IDR , ETHDYDX to EUR , ETHDYDX to AUD , ETHDYDX to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
Would you like to know how many cryptocurrencies 1 ETHDYDX is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like ETHDYDX to BTC, ETHDYDX to GRASS, ETHDYDX to SOL, ETHDYDX to SUI, ETHDYDX to DOGE, ETHDYDX to ETH, ETHDYDX to PEPE, ETHDYDX to VIRTUAL .
ETHDYDX to PHP price today is ₱53.05, which is Down by -5.34% over the last 24 hours. There has been an hourly Rise by 0.22%. dYdX (ethDYDX)'s market cap currently sits at ₱11,662,465,947.24 PHP, holding up for a market cap rank at #195. The volume were at ₱1,201,325,604.33 PHP dYdX (ethDYDX) ranks no 195 in the market capitalization of dYdX (ethDYDX) is at ₱11,662,465,947.24 and its volume for 24 hours is ₱1,201,325,604.33. dYdX (ethDYDX) are under circulation, with total supply of 396.49M and the Maximum supply of 0.
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ETHDYDX to PHP Price Statistics
Live dYdX (ethDYDX) Price in PHP
| ETHDYDX to PHP | ₱53.05 |
| Percentage Change ( 24h ) | ▼5.34% ₱4.08 |
| 24h High / Low | ₱56.72 / ₱52.64 |
| Trading Volume 24h | ₱1,201,325,604.33 |
| Volume / Market Cap | 0.10301 |
| Market Dominance | 0.01% |
| Market Rank | 195 |
| Market Cap | ₱11,662,465,947.24 |
| Fully Diluted Market Cap | ₱21,032,382,043.78 |
| All Time High | ₱1,557.11 ▲90.97% |
| All Time Low | 0.00 ▲Infinity% |
| Circulating Supply | 219,856,342 ETHDYDX |
| Total Supply | 396,494,412 ETHDYDX |
| Max Supply | - |