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Market cap rank
276
Market cap
99,415,940
Circulating supply
846,094,216
Max supply
1,000,000,000

About dYdX

dYdX is a decentralized finance (DeFi) platform that offers professional-grade trading services, including margin trading and derivatives. It was the first to provide decentralized margin trading and derivatives, and also pioneered flash loans and DEX aggregators in 2018. The platform is built on a custom Layer-1 blockchain using the Cosmos SDK, aiming to deliver a decentralized trading experience with high leverage, deep liquidity, and low fees. Governance is community-driven through the DYDX token, focusing on a transparent and user-driven financial system. The upcoming dYdX Unlimited upgrade will introduce instant market listings, the MegaVault liquidity engine, revamped trading rewards, and lifetime affiliate commissions.

  • dYdX was the first to offer decentralized margin trading and derivatives.
  • dYdX invented flash loans and DEX aggregators in 2018.
  • dYdX is built on a custom Layer-1 blockchain using the Cosmos SDK.
  • The upcoming dYdX Unlimited will feature the MegaVault liquidity engine and lifetime affiliate commissions.

Local market

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Mid-market rate 1 DYDX = 0.1211 USD via coingecko · 1m 57s ago Offers updated 1m 34s ago
Exchange Price
CEX.IO Best rate CEX · 1m · E-wallet · PayPal 0.1206 USD Sell
Kraken CEX · 1m · Funding terms not covered yet 0.1205 USD Sell

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