CyberDEX (CYDX) Price
CYDX RANK #363The price of CyberDEX (CYDX) is calculated in real-time by aggregating the latest data across 2 exchanges and 2 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. CyberDEX is a decentralized perpetual swaps trading platform operating on Optimism. The exchange is powered by Synthetix, enabling traders to access large liquidity pools and execute trades with minimal slippage and market impact. CyberDEX leverages Synthetix's debt pool, providing substantial liquidity to ensure large executions at the best available prices with minimal market impact. This model is supported by the stablecoin sUSD, which is paired against synthetic assets. These assets maintain prices aligned with their underlying assets through decentralized data oracles like Chainlink and Pyth.
