Dymension Price, Live Chart & Market Cap

Dymension (DYM): Modular Layer-1 Settlement Hub for Scalable RollApps

Name: Dymension
Brand: Dymension
SKU: DYM
Price: 0.292624 USD
Availability: InStock

Dymension (DYM) Overview

Dymension connects specialized RollApps under one secure hub. It uses DYM for staking and governance, forging a unique approach to multi-chain DeFi. Dymension helps developers launch custom blockchains that inherit security, while users enjoy low fees and fast finality. This framework bridges different rollups into a unified ecosystem where cross-chain assets and liquidity can flow seamlessly.

Dymension: The Modular Blockchain for RollApps

Utility & Use Cases DYM

Staking for Security

DYM holders stake tokens to support network consensus and earn yield. Staking secures the Hub and keeps operations efficient.

Cross-Chain Access

Dymension integrates IBC for multi-chain connectivity. Users can move assets to different RollApps or external networks easily.

Liquidity and Farming

Various RollApps may host liquidity pools, enabling trading pairs and yield farming strategies backed by Dymension’s settlement.

Dymension Technologies Overview

Fast Transactions

Dymension’s consensus finalizes blocks quickly, enhancing everyday transfers and DeFi operations.

High Scalability

Each RollApp processes its own transactions in parallel, keeping throughput high even as more apps join.

Smart Contracts

Developers can deploy custom smart contract logic on specialized RollApps, tailored for NFTs, trading, or dApps.

Multi-Chain Support

Dymension connects with external blockchains, facilitating cross-platform app experiences and broader asset utility.

Funding

Dymension raised $6.7 million in a seed round led by Big Brain Holdings and other venture partners, opting for private sales instead of a public ICO. The project later held a large airdrop to engage early users.

Roadmap

Mainnet Launch in Feb 2024

Dymension went live with the Genesis Rolldrop airdrop, enabling staking, governance, and the first validator set.

Permissioned RollApps

Developers propose new RollApps, and the community votes on which to deploy. This curated phase ensures stability and quality.

Permissionless RollApps Ahead

Future releases will allow any project to launch a RollApp on Dymension, driving a fully open ecosystem of connected blockchains.

Dymension Security & Audit Reports

Dymension’s code underwent audits by Oak Security before mainnet launch. The network relies on Cosmos-based DPoS, slashing misbehavior and monitoring RollApp integrity. No major breaches have been reported.

FAQ

How to stake DYM?

Use a compatible wallet, delegate DYM to a validator, and earn rewards for securing Dymension.

How to set up a Dymension defi wallet?

Install a Cosmos-compatible wallet, add Dymension’s network, then deposit or bridge DYM into your address.

What is a RollApp on Dymension?

A RollApp is an app-specific chain secured by Dymension’s consensus and bridging framework.

Does Dymension support NFTs?

Yes. Custom RollApps can enable NFT minting, trading, and transfers across the Hub.

Can I earn profit on Dymension?

Staking, farming, or joining RollApp liquidity pools may offer yield opportunities. Results vary by market.

Is there an airdrop?

Yes. The Genesis Rolldrop allocated DYM to eligible communities at mainnet launch.

Is Dymension mining possible?

Dymension uses staking, not mining. Validators secure the network, and delegators share in rewards.

Top Crypto Exchanges to Trade Dymension (DYM)

#	Exchange	Pair	Price	24h Volume
1	Binance	DYM/USDT	~$1.087	$6,127,327
2	LBank	DYM/USDT	~$1.089	$3,095,916
3	WhiteBIT	DYM/USDT	~$1.087	$4,189,538
4	HTX	DYM/USDT	~$1.092	$4,001,946
5	Bybit	DYM/USDT	~$1.089	$678,121
6	XT.COM	DYM/USDT	~$1.092	$560,252
7	Hotcoin	DYM/USDT	~$1.092	$3,092,634
8	BingX	DYM/USDT	~$1.093	$200,540
9	BitMart	DYM/USDT	~$1.089	$632,869
10	Binance	DYM/TRY	~$38.84	$280,215
11	Phemex	DYM/USDT	~$1.091	$109,898
12	KuCoin	DYM/USDT	~$1.085	$58,313
13	Osmosis	IBC/9A76CD.../UOSMO	~$2.67	$94,297
14	Osmosis	IBC/69110F.../IBC/9A76CD...	~$0.036	$29,107
15	Osmosis	IBC/498A07.../IBC/9A76CD...	~$0.92	$18,120.79
16	Tapbit	DYM/USDT	~$1.088	$38,652
17	CoinEx	DYM/USDT	~$1.087	$7,002.51
18	Ourbit	DYM/USDT	~$1.089	$923,309
19	Gate.io	DYM/USDT	~$1.087	$271,596
20	MEXC	DYM/USDT	~$1.089	$252,931
21	Pionex	DYM/USDT	~$1.09	$256,348
22	OrangeX	DYM/USDT	~$1.085	$324,552
23	Bit2Me	DYM/USDT	~$1.087	$272,058
24	TokoCrypto	DYM/USDT	~$1.086	$6,372.95
25	Bitrue	DYM/USDT	~$1.084	$158,813
26	Bitvavo	DYM/EUR	~$1.049	$76,814
27	Kraken	DYM/USD	~$1.084	$53,620
28	WEEX	DYM/USDT	~$1.091	$10,399.16
29	Hibt	DYM/USDT	~$1.091	$45,921
30	Bitget	DYM/USDT	~$1.086	$27,807
31	Bitfinex	DYM/USD	~$1.084	$7,159.98
32	Kraken	DYM/EUR	~$1.057	$11,732.22
33	Bitlo	DYM/TRY	~$38.9	$5,940.29
34	Bitfinex	DYM/USDT	~$1.089	$1,636.74
35	Bittime	DYM/IDR	~$17,839	$2,039.4
36	Crypto.com Exchange	DYM/USD	~$1.092	$386
37	Osmosis	IBC/69110F.../IBC/9A76CD...	~$0.036	$18.04
38	Tokenize	DYM/USD	~$1.074	$125,333
39	Tokenize	DYM/SGD	~$1.46	$125,819
40	Nami.Exchange	DYM/USDT	~$1.091	$4,132.59
41	Nami.Exchange	DYM/VNST	~$28,003	$4,070.73
42	Paribu	DYM/TRY	~$39.09	$81,199
43	BTCC	DYM/USDT	~$1.085	$278,298,791
44	CoinDCX	DYM/INR	~$105.88	$4,115.79
45	NovaDAX	DYM/BRL	~$7.6	$15.83
46	Mudrex	DYM/USDT	~$1.15	$14,744.29
47	ZebPay	DYM/INR	~$115.09	$13.34
48	ChangeNOW	DYM/BTC	~$0.000012	$9.48