What is the issue price of DYDX coin? Introduction to the issue price and issue quantity of DYDX coin

dYdX's native coin, DYDX, launched at an initial price of $3.25 through its DEX offering, with a limited supply of 1 billion tokens reserved for various purposes and vesting schedules.

Oct 26, 2024 at 01:33 am

Issue Price and Quantity of DYDX Coin

DYDX (dYdX) is the native token of the dYdX Layer-2 trading platform, a decentralized exchange (DEX) that allows users to trade perpetual contracts and other derivatives.

Issue Price

The initial issue price of DYDX coin was $3.25 during its initial decentralized exchange (DEX) offering (IDO) on September 8, 2021.

Issue Quantity

The total supply of DYDX coins is 1 billion, with the following distribution:

18.75% - Initial DEX offering (IDO)
21.25% - Team and advisors
21% - Marketing and ecosystem development
39% - Future issuance (locked for 1 year, vesting over 4 years)

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