Market Cap: $2.9389T 6.090%
Volume(24h): $139.633B 58.170%
  • Market Cap: $2.9389T 6.090%
  • Volume(24h): $139.633B 58.170%
  • Fear & Greed Index:
  • Market Cap: $2.9389T 6.090%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptos
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

dYdX (ethDYDX) chart

dYdX (ethDYDX) Markets

About dYdX (ethDYDX)

Where Can You Buy DYDX?

DYDX is currently available for purchase on the following exchanges: [Binance](https://coinmarketcap.com/exchanges/binance/), [Huobi Global](https://coinmarketcap.com/ru/exchanges/huobi-global/), [KuCoin](https://coinmarketcap.com/ru/exchanges/kucoin/), [Gate.io](https://coinmarketcap.com/exchanges/gate-io/), [Kraken](https://coinmarketcap.com/exchanges/kraken/), [Poloniex](https://coinmarketcap.com/exchanges/poloniex/), [Uniswap (V3)](https://coinmarketcap.com/exchanges/uniswap-v3/), ​​[OKEx](https://coinmarketcap.com/exchanges/okex/), [LBank](https://coinmarketcap.com/exchanges/lbank/), [Sushiswap](https://coinmarketcap.com/exchanges/sushiswap/), [Crypto.com Exchange](https://coinmarketcap.com/exchanges/crypto-com-exchange/), [0x Protocol](https://coinmarketcap.com/exchanges/0x-protocol/), [XT.COM](https://coinmarketcap.com/exchanges/xt/), [BitZ](https://coinmarketcap.com/exchanges/bitz/), [WhiteBIT](https://coinmarketcap.com/exchanges/whitebit/), [1inch Exchange](https://coinmarketcap.com/exchanges/1inch-exchange/), [WOO Network](https://coinmarketcap.com/exchanges/wootrade/), [CoinDCX](https://coinmarketcap.com/exchanges/coindcx/), [Deepcoin](https://coinmarketcap.com/exchanges/deepcoin/), [Cryptology](https://coinmarketcap.com/exchanges/cryptology/), [BKEX](https://coinmarketcap.com/exchanges/bkex/), [DigiFinex](https://coinmarketcap.com/exchanges/digifinex/), [Pionex](https://coinmarketcap.com/exchanges/pionex/), [BW.com](https://coinmarketcap.com/exchanges/bw-com/), [BitMart](https://coinmarketcap.com/exchanges/bitmart/), [AEX](https://coinmarketcap.com/exchanges/aex/), [ZBG](https://coinmarketcap.com/exchanges/zbg/), [MEXC](https://coinmarketcap.com/exchanges/mxc/), [BiONE](https://coinmarketcap.com/exchanges/bione/), [Bibox](https://coinmarketcap.com/exchanges/bibox/), [Hoo](https://coinmarketcap.com/exchanges/hoo/), [Hotbit](https://coinmarketcap.com/exchanges/hotbit/), [Decoin](https://coinmarketcap.com/exchanges/decoin/), [Bitrue](https://coinmarketcap.com/exchanges/bitrue/), [HitBTC](https://coinmarketcap.com/exchanges/hitbtc/), [Tokocrypto](https://coinmarketcap.com/exchanges/tokocrypto/), [Mandala Exchange](https://coinmarketcap.com/exchanges/mandala/), [CoinW](https://coinmarketcap.com/exchanges/coinw/), [BigONE](https://coinmarketcap.com/exchanges/bigone/), [ZT](https://coinmarketcap.com/exchanges/zt/), [AOFEX](https://coinmarketcap.com/exchanges/aofex/), [WBF Exchange](https://coinmarketcap.com/exchanges/wbf-exchange/), [CoinBene](https://coinmarketcap.com/exchanges/coinbene/) and [Bitget](https://coinmarketcap.com/exchanges/bitget/). Cryptocurrency newbie? You can read more about how to enter the market and how to buy BTC, DYDX or any other token in CoinMarketCap education portal — [Alexandria](https://coinmarketcap.com/alexandria/).

When Will DYDX Trading Begin?

DYDX token first became available for purchase in September 2021.

How Is the dYdX Network Secured?

DYDX is an [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) token deployed on the [Ethereum](https://coinmarketcap.com/currencies/ethereum/) mainnet. dYdX’s layer 2 scaling solution is built on StarkWare’s ZK-STARKS technology and relies on Ethereum blockchain to verify transaction proofs.

What is the allocation of ethDYDX?

A total of 1,000,000,000 ethDYDX have been minted, and started to become accessible over five (5) years, on August 3rd, 2021, at 15:00:00 UTC. The five-year allocation of the total supply of ethDYDX was initially as follows: - 27.7% is allocated to Investors - 14.5% is allocated to User Trading Rewards - 15.3% is allocated to Employees and Consultants of dYdX Trading or Foundation - 5.0% is allocated to Retroactive Rewards - 5.2% is allocated to Liquidity Provider Rewards - 7.0% is allocated to Future Employees & Consultants of dYdX - 24.2% is allocated to Community Treasury - 0.6% is allocated to Liquidity Staking Pool - 0.5% is allocated to Safety Staking Pool Since the launch of ethDYDX, several governance proposals have resulted in changes to the initial allocation. The updated allocation as of the start of Epoch 31 (December 19, 2023) is reflected in the pie chart below. The updated allocation of ethDYDX tokens as of the start of Epoch 31 (December 31, 2023) is as follows:

What Makes dYdX Unique?

dYdX Layer 2 increases scalability of the network through use of a form of [zero-knowledge rollup](https://coinmarketcap.com/alexandria/glossary/zero-knowledge-rollup) — zkSTARKS. The technology receives proofs, while validating a batch of transactions off-chain. These proofs are then sent back to the blockchain, where they are verified by a smart contract. zkSTARKS makes it possible to remove expensive computations from the mainnet with no sacrifices in decentralization.

Who Are the Founders of dYdX?

Antonio Juliano — an experienced programmer with a background in blockchain technology is the founder and CEO of dYdX Trading Inc. He first entered the crypto space in 2015 upon getting a job as a software engineer at [Coinbase](https://coinmarketcap.com/ru/exchanges/coinbase-exchange/) — a cryptocurrency exchange platform. As a Princeton University graduate with a degree in computer science, Antonio Juliano embarked on his entrepreneurial journey and founded dYdX in early 2017 .

What Is DYDX (dYdX)?

Ethereum-based DYDX ($ethDYDX) is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol built on Ethereum ("dYdX v3"). ethDYDX is currently undergoing a migration from Ethereum to the dYdX Chain. More information is available [here](https://www.dydx.foundation/blog/update-on-exploring-the-future-of-dydx). If you want to migrate ethDYDX to dYdX Chain DYDX, to enable staking, security and governance of the dYdX Chain you can follow the how-to-bridge guide [here](https://www.dydx.foundation/how-to-bridge/overview). If you want to read about the new token utility for dYdX Chain DYDX you can read the blog [here](https://www.dydx.foundation/blog/dydx-token-mechanics) [ethDYDX (dYdX)](https://coinmarketcap.com/currencies/dydx/) is the governance token for the [layer 2](https://coinmarketcap.com/alexandria/glossary/layer-2) protocol built on Ethereum. By enabling shared control of dYdX v3, ethDYDX allows traders, liquidity providers, and partners of dYdX to work collectively towards an enhanced dYdX v3. Built on [StarkWare’s](https://starkware.co/) StarkEx scalability engine, layer 2 is used for trading of cross-margined perpetuals on the platform. The scaling solution allows dYdX to increase transaction speed, eliminate gas costs, reduce trading fees and lower​​ minimum trade sizes on the protocol. A total of 1,000,000,000 ethDYDX have been minted, and started to become accessible over five (5) years, on August 3rd, 2021, at 15:00:00 UTC.

Communtity feeds

  • Twitter source
    Crypto Rand Apr 23, 2025 at 06:10 pm
    $IOTA breaching up a 6 months downtrend resistance. Bullish reversal ON ⚡

  • Twitter source
    暴富日记 Apr 23, 2025 at 05:30 pm
    $FLOKI The chart looks pretty and forms the same assumption type scenario as we see in $IO 🧐 It is about to break through the huge descending wedge pattern in the macro chart ❗️ From now on, huge transaction volume 🏓 A good breakthrough will make $FLOKI Rises to 150% 📈 .

  • Twitter source
    Sjuul | AltCryptoGems Apr 23, 2025 at 05:15 pm

  • Twitter source
    EliZ Apr 23, 2025 at 05:03 pm
    $ALGO 👌 another one 💰
  • Twitter source
    Daan Crypto Trades Apr 23, 2025 at 04:33 pm
    $IOTA Solid breakout, following the idea. Has now reversed its local trend back to a bullish market structure. This is on the back of IOTA's Rebased Mainnet upgrade which is bringing more momentum into this.$IOTA Flipping $0.17 would be a good start to turn this trend around. Has found good support at ~$0.13 and now making a higher low. Diagonal resistance is a bit messy but gives a good idea of the level that needs to be broken.

  • Twitter source
    Crypto Beast Apr 23, 2025 at 03:36 pm
    The biggest altcoins season of your life is coming. $ETH will 4x $XRP will 3x $SUI will 10x #bitcoin dominance will drop to 45% All your small cap alts will 10-100x You’re about to become extremely wealthy In 2-3 months it will all make sense
  • Twitter source
    RJT. WAGMI Apr 23, 2025 at 03:31 pm
    Just discovered Rakebit – a next-gen crypto gaming platform with over 7,000 games! • No KYC, No Fees • 15+ cryptocurrencies supported incl. $BTC, $ETH, $SOL, $DOGE • Lightning-fast withdrawals • Cashback up to 25% Original games + Sports & eSports betting Grab your 450%

  • Twitter source
    Route 2 FI Apr 23, 2025 at 03:20 pm
    $SUI is one of the strongest coins out there. Up 30% today to $2.90 — nearly 50% since the local bottom earlier this month. What’s driving the bullish sentiment for : -Shaping up to be the trade of the cycle. Many want another L1 winner alongside Solana. Sui is

  • Twitter source
    {{val.author }}  {{val.createtime }}