Utility & Use Cases ETHDYDX
Staking for Rewards
Lock dYdX tokens to strengthen network security and earn yield from trading fees.
dYdX Price, Live Chart & Market Cap
dYdX: A Leading DeFi Exchange for Fast, Secure Crypto Derivatives
Overview of dYdX
dYdX combines fast crypto trading with robust staking and governance. Holders secure the network and vote on key decisions. The token powers a decentralized exchange where users retain control over their coins. With dYdX, traders enjoy high-volume orderbook features on a platform designed for minimal fees and maximum transparency.
dYdX Technologies Overview
High Scalability
Built on a Cosmos chain, dYdX handles large trading volume without heavy congestion.
Fast Transactions
Users benefit from near-instant order matching and sub-second trade finality.Funding
dYdX raised venture capital from Paradigm, a16z, and other top investors. No public ICO took place. Instead, the token was distributed via airdrops and community programs.
Roadmap
Expanded Spot Markets
dYdX plans to launch spot trading features, enabling more pairs and enhanced liquidity.
Community Governance Upgrades
Token holders will propose and vote on refined reward structures and protocol parameters.
Ongoing Performance Tweaks
Further improvements to validator throughput aim to keep trades fast and fees low.
dYdX Security & Audit Reports
dYdX has undergone multiple audits by reputable firms. Its Cosmos-based chain and token bridge were tested before launch. A bug bounty encourages ongoing review, safeguarding user funds and sustaining trust in the protocol.
FAQ
How to stake dYdX?
+
Use a compatible wallet, delegate your tokens to a validator, and start earning rewards.
How to set up a dYdX wallet?
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Download a DeFi-friendly app, create a new address, and ensure you hold dYdX for gas fees.
What is dYdX used for?
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It secures the network, enables governance votes, and supports staking rewards.
Does dYdX have low fees?
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Yes. The protocol’s design on a dedicated chain helps keep transaction costs minimal.
Can I earn profit with dYdX?
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Staking can generate yield. Trading strategies may also lead to gains but carry risk.
Is dYdX available everywhere?
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Some regions are geo-blocked. Check local regulations before accessing the platform.
Top Crypto Exchanges to Trade dYdX (ETHDYDX)
| # | Exchange | Pair | Price | 24h Volume |
|---|---|---|---|---|
| 1 |
WhiteBIT
|
DYDX/USDT | ~$1.13 | $7,913,447 |
| 2 |
LBank
|
DYDX/USDT | ~$1.13 | $5,594,248 |
| 3 |
MEXC
|
DYDX/USDT | ~$1.14 | $5,190,401 |
| 4 |
Hotcoin
|
DYDX/USDT | ~$1.13 | $6,517,716 |
| 5 |
Bitunix
|
DYDX/USDT | ~$1.14 | $2,321,586 |
| 6 |
Bybit
|
DYDX/USDT | ~$1.13 | $6,876,030 |
| 7 |
Biconomy.com
|
DYDX/USDT | ~$1.13 | $875,231 |
| 8 |
BTSE
|
DYDX/USDT | ~$1.14 | $3,528,555 |
| 9 |
Bitget
|
DYDX/USDT | ~$1.14 | $878,804 |
| 10 |
BYDFi
|
DYDX/USDT | ~$1.14 | $1,977,595 |
dYdX
ETHDYDX
Price
#213
$0.53
2.4%
Market Cap
Market capitalization of dYdX (ETHDYDX) 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
$22,137,284
Fully Diluted Variation
Fully diluted valuation of dYdX (ETHDYDX) 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
$474,016,096
24 Hour Trading Vol
24-hour trading volume shows the total amount of dYdX (ETHDYDX) traded across all exchanges over the past day. Higher volumes generally indicate more market liquidity and interest in the token
$19,211,226
Total Value Locked (TVL)
Total Value Locked (TVL) represents the aggregate value of dYdX (ETHDYDX) and other assets deposited in DeFi protocols. It indicates the overall usage and adoption of dYdX (ETHDYDX) in decentralized finance applications
$42,187,951
Circulating Supply
Circulating supply shows the number of dYdX (ETHDYDX) tokens currently available and circulating in the market. This excludes locked, reserved, or unissued tokens that cannot be sold or traded
41,657,249.7
Total Supply
Total supply represents all dYdX (ETHDYDX) 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
891,988,693.59
Max Supply
Maximum supply indicates the absolute maximum number of dYdX (ETHDYDX) 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
Info
Contract
0x92d...16beff5
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