DYDX
DYDX

dYdX price

$0.66500
+$0.041000
(+6.57%)
Price change for the last 24 hours
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dYdX market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
All-time low
Lowest price a coin has reached in its trading history.
Market cap
$514.02M
Circulating supply
776,580,236 DYDX
77.65% of
1,000,000,000 DYDX
Market cap ranking
--
Audits
CertiK
Last audit: Aug 21, 2021
24h high
$0.67900
24h low
$0.60600
All-time high
$30.0000
-97.79% (-$29.3350)
Last updated: Sep 8, 2021
All-time low
$0.49460
+34.45% (+$0.17040)
Last updated: Apr 9, 2025
The following content is sourced from .
Kuch
Kuch reposted
Kuch
Kuch
List of projects being cooked up at @KaitoAI ↓ Infinex - 1B µPatrons (~$6M) Multipli - 10K USDC/Month Sei - 26.25K USDC/Month Sophon - 150K USDC dYdX - $150K DYDX ($50K/Month) Skate - 1% of SKATE Supply Polkadot - $600K DOT ($100K/Month) Openledger - 2M OPN Lombard - $1-5M Mantle - 150K MNT across 3 Phases Newton - Up to 0.75% NEWT Supply Novastro - 0.75% of NOVAS Supply Somnia - 5K USDC Weekly + 100K Somnia Points Soul - Up to 1.5% of SO Supply Virtuals - >500k Virgen points daily These are all projects you can touch on Kaito thanks to yapping.
12.23K
7
Pink Brains
Pink Brains
Here’s a quick recap of everything we published this week Let's catch up on the highlights 🧵🧠
32.12K
14
Blockbeats
Blockbeats
Original title: What does it mean to be a Hyperliquid-aligned fiat stable? The original author @husd_fiat Original compilation: zhouzhou, BlockBeats Editor's note: HUSD is a public stablecoin project launched by Hyperliquid, which returns stablecoin interest to the ecosystem for repurchasing HYPE, subsidizing interface rates, and supporting the Builder Code model to promote ecological growth. It breaks the USDC/Tether model and allows funds to no longer flow to centralized institutions, but to feed back the community and product development. The following is the original content (the original content has been edited for ease of reading and comprehension): Something that the ecosystem really needs HUSD's story is about how to disrupt a multi-billion dollar stablecoin market. Hyperliquid initially emerged as a leading perpetual contract decentralized exchange (perp DEX), outperforming older players like DYDX and GMX. As the product continued to attract new users and was gradually introduced to the spot market, Hyperliquid evolved into a Binance/Coinbase competitor. Next, the ecosystem will be challenged by the fiat stablecoin duopolys of Circle and Tether. Currently, approximately $2.5 billion in cross-chain USDC is locked in HyperCore's order book and earns about 4.3% in interest earnings. These earnings could generate approximately $107.5 million annually for Circle Internet Financial into its private balance sheet. With each new USDC deposit into Hyperliquid, Circle's cash flow is further expanded. But what if that value doesn't go to Circle, but instead goes to grow the Hyperliquid ecosystem? Why should we be tied down by the outdated traditional stablecoin model of USDC when there is an opportunity to break out of the existing framework? The opportunity cost of choosing to inherit the old stablecoin As Hyperliquid's influence in on-chain trading continues to expand, so does the net deposits of fiat stablecoins, providing liquidity to the perpetual contract market and spot market. In a future where Hyperliquid grows 10x, 100x, or even 1000x, the opportunity cost of continuing to use traditional stablecoins will get higher and higher. This value from the stablecoin layer will either continue to flow to Circle and Tether's balance sheets, or flow back into Hyperliquid's own ecosystem. A new stablecoin model tailored for Hyperliquid The Assistance Fund, through the automatic buyback of HYPE, has proven that the cash flow generated by the agreement can and should be directly returned to the community. In the past 30 days alone, the aid fund has recovered millions of dollars in HYPE from the market. HUSD continues this strategy, but at the stablecoin level: initially, a large portion of the interest income generated by HUSD will be used to purchase HYPE, which will then be deployed in various growth directions of the Hyperliquid ecosystem. In other words, every time you use HUSD, you add buying pressure to HYPE and reinvest value into Hyperliquid's growth. How will the repurchased HYPE be used? HUSD: Fueling the future of Builder Code HUSD has played a key role in driving the explosion of the "Builder Code" business model. The Builder Code is a native feature of Hyperliquid that allows an interface operator to charge a fee for spot or futures trades submitted on behalf of a user. Its goal is to monetize Hyperliquid's "last-mile distribution" — meaning that anyone who can effectively attract and retain users can use Builder Code to build a trading business that is not limited by technology or liquidity. The unit economics of this type of business can be substantial, but at this early stage, new brands are still facing a "cold start" and the moat between the different interfaces is not yet obvious. The advent of HUSDs can help these "Hyperliquid hybrids" kick off and provide a way to differentiate themselves from each other. By subsidizing the cost of the Builder Code by HUSD, the interface can charge the user more than it would otherwise be, without increasing the cost to the user. The interface captures revenue in real-time and further leverages those funds for growth strategies. Let's take this as an example: Let's say Interface XYZ gets a rebate budget of 100 HUSD. All futures transactions with their Builder Code will be counted by the system, and the rebate balance of the corresponding user will continue to grow. The interface can handle at least about $100,000 in contract volume (i.e., 100 HUSD divided by 0.1% fee rate) before users actually start incurring fees. At the same time, interface operators can reinvest the revenue generated by Builder Code into user acquisition or user retention. This is how HUSD is powering the "real-time growth" of the Hyperliquid ecosystem. summary HUSD combines two core insights: the denominated asset (stablecoin) used for trading and the cash flow generated by it, all within the trading platform. The end result is a stablecoin of the nature of a "public good", which transforms the originally static reserve interest into the active and compounding growth of the Hyperliquid ecosystem. HUSD is a public goods project run by Felix and supported by community members, and it will go live through the Felix Points system. This deployment also builds on the foundation laid by @m0foundation, and it is its vision of a "global stablecoin platform" that makes HUSD possible. Hyperliquid has upended the centralized exchange landscape, and HUSD is poised to do the same with traditional fiat stablecoins. 「Original link」
Show original
13.96K
0
dYdX
dYdX
Launchable Market: $MASK @realMaskNetwork is now launchable on dYdX! Get started ➡️
23.26K
246
RIDDLΞR
RIDDLΞR
GM - Who’s awake early and stacking the weekend Yaps?! In the past I’ve always found that the weekend is the best time for earning @KaitoAI yaps so it’s time to get to work! 💪 The most popular projects seem to be: @MagicNewton @dYdX @Calderaxyz @Novastro_xyz @KaiaChain @defidotapp @infinex @OpenledgerHQ @satlayer @sophon @0xSoulProtocol @union_build @TheoriqAI @NEARProtocol @virtuals_io I’ve also found when it comes to Yap earning it works well to tweet about crypto or NFTs in general, which are unrelated to Kaito projects but get the views and interest of smart followers!
14.11K
245

DYDX calculator

USDUSD
DYDXDYDX

dYdX price performance in USD

The current price of dYdX is $0.66500. Over the last 24 hours, dYdX has increased by +6.57%. It currently has a circulating supply of 776,580,236 DYDX and a maximum supply of 1,000,000,000 DYDX, giving it a fully diluted market cap of $514.02M. At present, the dYdX coin holds the 0 position in market cap rankings. The dYdX/USD price is updated in real-time.
Today
+$0.041000
+6.57%
7 days
-$0.04070
-5.77%
30 days
+$0.090700
+15.79%
3 months
-$0.12290
-15.60%

About dYdX (DYDX)

3.4/5
TokenInsight
3.4
10/30/2022
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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    About third-party websites
    By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.

As a Layer-2 decentralized exchange, dYdX leverages Ethereum smart contracts to create various crypto-asset financial products. DYDX is the name and ticker symbol of the governance token of the dYdX exchange. With advanced trading features, this open trading platform supports perpetual futures, margin trading, borrowing, and lending to ensure fast execution, security, and transparency. The exchange also offers programmatic trading and helps traders build their trading bots on dYdX.

In 2020, the fully noncustodial protocol also implemented a Layer 2 scaling solution (ZK-rollups) by partnering with blockchain technology developer StarkWare. With this partnership, the perpetual contracts on the exchange are powered by StarkWare’s scalability engine, StarkEx. As a result, with 25 times more buying power, traders no longer have to pay fees to miners for each transaction.

The StarkWare and dYdX integration helped bring more trading pairs onto the exchange, allowing traders to increase capital efficiency and trade with lower margin requirements.

The liquidity of the dYdX exchange is mainly due to staking pools. dYdX has two types of staking pools, namely safety and liquidity pools. Both provide liquidity and allow the creation of new markets on the Layer 2 protocol. Users continue to receive staking rewards in proportion to their share in the pools. The platform also incentivizes long-term holders of DYDX tokens by providing them with trading rewards and discounts.

DYDX price and tokenomics

DYDX has a total supply of 1 billion, which will be distributed over five years. The perpetual inflation rate is fixed at a maximum of 2% per year, enforced via a governance proposal. All holders of DYDX tokens can participate in the governance process to make necessary changes to the Layer 2 protocol. For example, holders can define staking pool payouts and set risk parameters, adding more utility value to the DYDX token.

50% of the total supply of DYDX tokens will go towards the dYdX community, which includes traders, liquidity providers, and stakers. The remaining supply is distributed among past investors and employees of the dYdX Foundation. The token’s staking mechanism and governance utility has facilitated the growth of DYDX’s price.

About the founders

Antonio Juliano is the founder and CEO of dYdX. He started his journey in the crypto world after graduating from Princeton University with a computer science degree, which landed him an internship at Coinbase. He started the dYdX decentralized exchange to increase transparency, improve user safety, and faster trading transactions. Juliano felt a lot of demand for margin trading and pushed it as a use case for dYdX.

dYdX has raised a total of $87 million over four funding rounds. On June 15, 2021, dYdX raised $65 million during a Series C round led by Paradigm. The previous funding round in January 2021 helped raise $10 million, the lead investors being Three Arrows Capital and Defiance Capital.

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Socials

Posts
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 3.6K new posts about dYdX, driven by 1.5K contributors, and total online engagement reached 472K social interactions. The sentiment score for dYdX currently stands at 85%. Compared to all cryptocurrencies, post volume for dYdX currently ranks at 4308. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of dYdX.
Powered by LunarCrush
Posts
3,593
Contributors
1,476
Interactions
472,069
Sentiment
85%
Volume rank
#4308

X

Posts
3,373
Interactions
449,035
Sentiment
88%

dYdX FAQ

What is DYDX?

dYdX is an advanced trading exchange for spot, margin, and perpetual futures trading. Traders can directly access the platform without handing over their assets to a central entity. The platform is powered by smart contracts on Ethereum, making dYdX an open, permissionless, noncustodial DEX. DYDX is the ticker symbol of the exchange’s native governance token.

dYdX offers various trading tools and features that help with faster trade execution, security, and platform transparency. Moreover, there have been no gas fees after implementing Layer 2 scaling solutions, giving traders access to more trading pairs.

How does DYDX work?

The noncustodial dYdX exchange uses smart contracts for all its services. Each asset listed on dYdX has its own lending pool. Lenders and borrowers interact within asset pools, determining the supply and demand and each asset’s interest rates. DeFi services such as margin trading and perpetual futures trading are also available.

What is the DYDX price prediction?
While it’s challenging to predict the exact future price of DYDX, you can combine various methods like technical analysis, market trends, and historical data to make informed decisions.
How much is 1 dYdX worth today?
Currently, one dYdX is worth $0.66500. For answers and insight into dYdX's price action, you're in the right place. Explore the latest dYdX charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as dYdX, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as dYdX have been created as well.
Will the price of dYdX go up today?
Check out our dYdX price prediction page to forecast future prices and determine your price targets.

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Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.

DYDX calculator

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