dYdX Token update: DYDX Live price, price chart, news and markets

dYdX Token
DYDX
star share
$1.45
arrow-up
1.64%
Rank #459 | Category
dex
staking
layer-2
altcoin
erc-20
zero-knowledge
Market Cap btn-info
$80,526,375
Fully Diluted Market Cap btn-info
$1,446,235,183
Volume btn-info
$113,747,213

dYdX Token Price Chart Update [DYDX]

dYdX Token Price Update Today

The DYDX price update as of now is $1.45. In the previous 24 hours, its trading volume was $113,747,213, and its value has increased by 1.64%. As of now, DYDX's live market cap is $80,526,375, and it is ranked as the #459 on the Coincu. DYDX has a circulating supply of 1,000,000,000 and a maximum supply of 1,000,000,000.

About dYdX Token

dYdX Token: Explained

dYdX Token is a decentralized exchange that offers users a wide range of complex financial instruments, including perpetuals, margin and spot trading, as well as lending and borrowing. With its unique approach, dYdX allows traders to engage in activities such as short-selling tokens, longing with leverage, and earning interest on deposited tokens. These features are made possible by utilizing off-chain order books with on-chain settlement, providing a seamless and decentralized trading experience.

The History of dYdX Token

Founded in 2017 by Antonio Juliano, dYdX Token aimed to revolutionize access to complex financial instruments in the crypto space. By eliminating the need for a centralized exchange and central clearinghouse, dYdX Token introduced a trustless and decentralized approach. The journey began with the launch of their base Margin Trading Protocol on the Kovan testnet, allowing for short-selling, leveraged longing, and margin loans. Building upon the feedback received, dYdX Token introduced Solo, a brand new trading protocol developed from scratch to meet the evolving needs of traders.

In 2020, dYdX Token further strengthened its position by raising $10,000,000 in a Series A investment round and launching its perpetual protocol. This breakthrough introduced transparency to perpetual protocols, overcoming certain limitations of their centralized counterparts. To enhance trade settlement capacity, dYdX Token collaborated with Starkware to develop a Layer-2 solution. By leveraging Starkware's StarkEX scaling engine and ZK rollup technology, dYdX Token achieved lower gas and trading fees, along with reduced minimum order sizes. Today, traders can utilize the decentralized exchange for spot trading, margin trading with up to 5x leverage, and perpetual trading with up to 25x leverage. Additionally, users can earn interest fees by lending their assets for margin loans. With recent investments totaling $75,000,000 in Series B and Series C rounds in 2021, dYdX Token aims to expand, introduce new assets and features to its perpetual services, and launch a mobile app for the exchange.

 

For more information about dYdX Token, click here.

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dYdX Token Markets
# Exchange Pair Price Volume Mkt Share Recommend
1 Binance DYDX/USDT $1.44 $25,122,338 22.22%
2 Gate.io DYDX/USDT $1.45 $11,807,333 10.44%
3 WhiteBIT DYDX/USDT $1.45 $8,689,438 7.68%
4 OKX DYDX/USDT $1.45 $6,867,583 6.07%
5 MEXC Global DYDX/USDT $1.45 $5,458,148 4.83%
6 Bybit DYDX/USDT $1.45 $4,187,697 3.7%
7 HTX Global DYDX/USDT $1.45 $3,227,075 2.85%
8 Binance DYDX/BTC $1.45 $1,199,946 1.06%
9 Bitget DYDX/USDT $1.45 $1,111,928 0.98%
10 DigiFinex DYDX/USDT $1.45 $640,150 0.57%
11 KuCoin DYDX/USDT $1.44 $435,430 0.39%
12 Binance DYDX/FDUSD $1.45 $410,563 0.36%
13 Bithumb DYDX/KRW $1.51 $350,421 0.31%
14 OKX DYDX/USDC $1.45 $287,201 0.25%
15 BitMart DYDX/USDT $1.45 $170,681 0.15%
16 Binance DYDX/TRY $1.47 $153,926 0.14%
17 ProBit DYDX/USDT $1.45 $151,757 0.13%
18 Kraken DYDX/ZUSD $1.45 $136,826 0.12%
19 Crypto.com DYDX/USD $1.46 $19,525 0.02%
20 Crypto.com DYDX/USDT $1.47 $12,030 0.01%
21 Uniswap v3 (Ethereum) DYDX/TRB $1.42 $1,141 0%
22 Coinone DYDX/KRW $1.50 $897 0%
23 Bitstamp DYDX/USD $1.47 $620 0%
24 Bitstamp DYDX/EUR $1.47 $425 0%
25 Uniswap v2 (Ethereum) DYDX/WETH $1.45 $119 0%
26 OKX DYDX/EUR $1.48 $70 0%
27 Gate.io DYDX/TRY $1.49 $66 0%
28 Uniswap v3 (Ethereum) DYDX/WETH $1.44 $33 0%
29 Bitrue DYDX/USDT $1.45 $20,472,657 18.1%
30 LBank DYDX/USDT $1.45 $4,622,400 4.09%
31 BTSE DYDX/USDT $1.44 $3,404,804 3.01%
32 BTSE DYDX/USD $1.44 $3,273,010 2.89%
33 BYDFi DYDX/USDT $1.45 $2,194,496 1.94%
34 XT.COM DYDX/USDT $1.45 $1,757,970 1.55%
35 CoinEx DYDX/USDT $1.45 $1,185,335 1.05%
36 FameEX DYDX/USDT $1.45 $1,032,732 0.91%
37 CoinW DYDX/USDT $1.46 $808,336 0.71%
38 Dex-Trade DYDX/USDT $1.44 $673,193 0.6%
39 HitBTC DYDX/USDT $1.45 $567,720 0.5%
40 BeQuant DYDX/USDT $1.45 $567,720 0.5%
41 Bitrue DYDX/USDC $1.45 $420,744 0.37%
42 BingX DYDX/USDT $1.45 $343,055 0.3%
43 BTSE DYDX/USDC $1.44 $330,634 0.29%
44 BigONE DYDX/USDT $1.45 $172,892 0.15%
45 AscendEX (BitMax) DYDX/USDT $1.45 $146,896 0.13%
46 Bibox DYDX/USDT $1.46 $132,430 0.12%
47 LATOKEN DYDX/BTC $1.45 $93,411 0.08%
48 tokenize DYDX/SGD $1.43 $93,104 0.08%
49 tokenize DYDX/USD $1.43 $93,065 0.08%
50 Deepcoin DYDX/USDT $1.45 $58,789 0.05%
Smart Contract
Ethereum:
92d6c1...6beff5
Copy | Add to Fund
Cir. Supply
1,000,000,000

Max Supply
1,000,000,000