Researched coins: 1,049
Exchanges: 1,020
Market Cap: 2.8T
24h Vol: 131.4B
EN

dYdX Price, Live Chart & Market Cap

dYdX Crypto Exchange: High-Leverage Perpetual Futures, Yield Staking, and Community Governance on Cosmos

dYdX Overview

dYdX is a high-speed decentralized derivatives platform. It runs an order-book exchange on its own Cosmos chain, giving traders deep liquidity and leverage without gas fees. DYDX token lets the community stake, govern, and earn fee share while trading. The model blends CeFi performance with DeFi self-custody.

dYdX: Lightning-Fast DeFi Perpetuals & Staking Power

Utility & Use Cases DYDX

Validator Staking

Validator Staking

Lock DYDX to secure the chain and earn block rewards plus fee share.
On-Chain Governance

On-Chain Governance

Vote on new markets, fee tiers, and treasury grants directly from your wallet.
Trading & Liquidity Rewards

Trading & Liquidity Rewards

Gain DYDX through volume-based trading programs and market-maker incentives.

dYdX Technologies Overview

Zero-Gas Trading

Zero-Gas Trading

Order placement and cancellation cost nothing; only executions carry a small fee.
High-Throughput Chain

High-Throughput Chain

Cosmos PoS architecture handles thousands of orders per second with sub-second latency.
IBC Ready

IBC Ready

Planned IBC support will let users move assets between dYdX and other Cosmos networks.
Fully Open-Source

Fully Open-Source

All core modules, order-book logic, and front-end code live on public repos for transparency.

Funding

dYdX raised $2 M seed (2017), $10 M Series A (2018), $10 M Series B (2021), and $65 M Series C (2021) from a16z, Polychain, Paradigm, and others. No ICO occurred; the DYDX token was airdropped to users while venture equity funded development.

Roadmap

Market Expansion 2025

List 50+ perp pairs and pilot spot trading via governance proposals.

IBC Integration

Enable cross-chain deposits and withdrawals to grow liquidity across the Cosmos ecosystem.

Institutional Portal

Launch professional APIs and reporting tools to attract hedge funds and market makers.

dYdX Security & Audit Reports

All smart contracts and chain modules passed audits by OpenZeppelin and Informal Systems. A live $5 M bounty plus a robust insurance fund protect users; no major hacks have occurred since 2017.

FAQ

How to start trading on dYdX?

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Connect a web3 wallet, bridge USDC, place an order; no KYC for permitted regions.

How to stake DYDX tokens?

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Delegate DYDX to a validator in the staking tab and earn automatic rewards.

What leverage does dYdX offer?

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Up to 20× on BTC, ETH, and other major perp pairs.

Is dYdX available in the United States?

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No, the platform geo-blocks U.S. users to remain compliant.

Does trading cost gas fees?

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No, the Cosmos chain removes gas; only maker-taker fees apply.

Why does DYDX have value?

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It secures the chain, powers governance, and grants fee discounts plus staking yield.

Top Crypto Exchanges to Trade dYdX (DYDX)

# Exchange Pair Price 24h Volume
1 ~$1.13 $22,770,767
2 ~$1.14 $9,352,139
3 ~$1.14 $10,842,657
4 ~$1.14 $7,731,758
5 ~$1.14 $1,904,957
6 ~$1.14 $1,052,716
7 ~$1.14 $509,103
8 ~$1.13 $1,455,072
9 ~$1.14 $358,738
10 ~$1.14 $476,671
dYdX
dYdX DYDX Price
#315
$0.53
3.043%
Market Cap
Market capitalization of dYdX (DYDX) represents the total value of all circulating tokens. It is calculated by multiplying the current price of one token by the total number of tokens in circulation
$419,811,116
Fully Diluted Variation
Fully diluted valuation of dYdX (DYDX) represents the theoretical market cap if all tokens that will ever exist were in circulation. It provides insight into the long-term value projection assuming the maximum supply is reached
$477,824,793
24 Hour Trading Vol
24-hour trading volume shows the total amount of dYdX (DYDX) traded across all exchanges over the past day. Higher volumes generally indicate more market liquidity and interest in the token
$11,982,103
Total Value Locked (TVL)
Total Value Locked (TVL) represents the aggregate value of dYdX (DYDX) and other assets deposited in DeFi protocols. It indicates the overall usage and adoption of dYdX (DYDX) in decentralized finance applications
$425,803,825
Circulating Supply
Circulating supply shows the number of dYdX (DYDX) tokens currently available and circulating in the market. This excludes locked, reserved, or unissued tokens that cannot be sold or traded
787,652,874.56
Total Supply
Total supply represents all dYdX (DYDX) tokens that currently exist, including both circulating tokens and those locked in various protocols or treasuries. It excludes tokens that will be created in the future
896,498,587
Max Supply
Maximum supply indicates the absolute maximum number of dYdX (DYDX) tokens that will ever exist. This is a hard cap programmed into the token's protocol that cannot be exceeded, ensuring scarcity over time
1,000,000,000

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