DYDX

dYdX (Native) price 
DYDX

$1.06  

3.22% (1d)

DYDX is the L1 token for the dYdX Chain. DYDX can be staked to secure the chain. As a reward for securing the network, 100% of protocol fees are distributed to Stakers, predominantly in USDC. DYDX can be utilized to participate in governance on the dYdX Chain, a fully decentralized, community governed platform. ethDYDX, a governance token for the dYdX v3 protocol, is undergoing a migration to dYdX Chain DYDX. If you have ethDYDX and want to bridge your tokens to the dYdX Chain to unlock expanded DYDX functionalities, read this how-to-bridge guide. For a detailed overview of the functionalities of dYdX Chain DYDX, read the dYdX Foundation’s Token Mechanics blog.

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DYdX (Native) statistics
Market cap
 

3.23%

$655,956,500
#83
Volume (24h)
 

17.30%

$13,407,666
#234
Volume/Market cap (24h)
 
2.04%
Circulating supply
 
620,421,532 DYDX
Total supply
 
771,541,452 DYDX
Max. supply
 
--
Fully diluted market cap
 
$815,731,893
DYDX to USD converter
DYDX
USD
Price performance
24h 
Low
$0.999
High
$1.06
All-time high
Mar 07, 2024 (5 months ago)
$4.53
-76.65%
All-time low
Aug 05, 2024 (12 days ago)
$0.8475
+24.75%
See historical data
Popularity
In watchlists34,810x
986th / 10.0K
Do you own this project? Update Token Info

DYDX is the L1 token for the dYdX Chain. DYDX can be staked to secure the chain. As a reward for securing the network, 100% of protocol fees are distributed to Stakers, predominantly in USDC. DYDX can be utilized to participate in governance on the dYdX Chain, a fully decentralized, community governed platform. ethDYDX, a governance token for the dYdX v3 protocol, is undergoing a migration to dYdX Chain DYDX. If you have ethDYDX and want to bridge your tokens to the dYdX Chain to unlock expanded DYDX functionalities, read this how-to-bridge guide. For a detailed overview of the functionalities of dYdX Chain DYDX, read the dYdX Foundation’s Token Mechanics blog.

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About dYdX (Native)

What Is dYdX Chain DYDX ?

The dYdX Chain is a proof-of-stake blockchain network built using the Cosmos SDK and leveraging CometBFT for consensus. The DYDX token is the L1 protocol token for the dYdX Chain, as agreed by the dYdX community through dYdX governance (Snapshot vote and an on-chain vote)

Holders of the DYDX token can use their tokens to run a Validator or stake their tokens to a Validator in order to participate in securing and governing the dYdX Chain network.

What is the Allocation for DYDX?

Migration to the dYdX Chain

dYdX Chain (DYDX) Tokenomics