Name: dYdX (ethDYDX)
Brand: Binance
Price: 0.11 KZT
Availability: InStock

Price of dYdX (ethDYDX) Today

The live price of dYdX (ethDYDX) is $0.10754 per (ETHDYDX / USD) with a current market cap of $4.48M USD. 24-hour trading volume is $15.84M USD. ETHDYDX to USD price is updated in real-time. dYdX (ethDYDX) is -13.92% in the last 24 hours with a circulating supply of 41.66M.

ETHDYDX Price History USD

Date Comparison	Amount Change	% Change
Today	$-0.017388	-13.92%
30 Days	$-0.094156	-46.68%
60 Days	$-0.106339	-49.72%
90 Days	$-0.22214	-67.38%

dYdX (ethDYDX) Chart Performance

24h Low & High

Low: $0.097949

High: $0.125192

The highest and lowest price paid for this asset in 24 hours.

All Time High

$27.78

The highest price paid for this asset since it was launched or listed.

Price Change (1h)

-0.37%

The percentage change in price for this asset compared to 1 hour ago.

Price Change (24h)

-13.92%

The percentage change in price for this asset compared to 24 hours ago.

Price Change (7d)

-29.10%

The percentage change in price for this asset compared to 7 days ago.

24h Low & High

Low: $0.097949

High: $0.125192

All Time High

$27.78

Price Change (1h)

-0.37%

Price Change (24h)

-13.92%

Price Change (7d)

-29.10%

About dYdX (ethDYDX) (ETHDYDX)

dYdX, founded by Antonio Juliano in July 2017, is a decentralized finance (DeFi) platform. The current version, dYdX v3, uses its layer-2 decentralized exchange (DEX) built on Ethereum. The platform's architecture aims to optimize transaction efficiency, reduce costs, and enhance scalability.

dYdX provides various trading services. This includes perperual contracts, margin and spot trading, and the ability to lend and borrow money. All these services reflect dYdX's aim to create a fair, open and safe money system.

Migration to the dYdX Chain

On October 26, 2023, the dYdX Chain, a proof-of-stake network using the Cosmos SDK and CometBFT for consensus, was launched with its first block. The community decided to use DYDX as the main asset for staking, security, and governance voting. The bridging of ETHDYDX coins onto the dYdX Chain through the wethDYDX smart contract is crucial. Overall, this is an important step in dYdX's mission to become more decentralized and community-driven.

Enabling cooperative control of dYdX v3, $ethDYDX empowers traders, liquidity providers, and dYdX partners to collaboratively optimize the workings of dYdX v3. The price of $ethDYDX is updated in real time on Binance.

People Also Ask: Other Questions About dYdX (ethDYDX)

What is ETHDYDX Used For?

The $ethDYDX token is essential for the Ethereum-based dYdX trading platform and offers many benefits. Users can earn rewards by staking and get discounts on transaction fees. Users can earn more benefits by providing liquidity, and holding the token also allows access to special platform features.

Who Is the dYdX Founder?

dYdX was founded in 2017 by US-based entrepreneur Antonio Juliano. He was associated with Coinbase as a software engineer when he entered the crypto space in 2015.

What Is the Maximum Token Supply of ETHDYDX?

ETHDYDX has set a maximum token supply limit of 472 million tokens. As of the latest figures, the circulating supply is 245,868,220 tokens.

What Makes dYdX Different From Others?

dYdX aims to stand out in the decentralized finance space due to its governance role within the Ethereum-based Layer 2 protocol, promoting collaboration among users. It offers a wide range of financial services and originally operated on Ethereum's blockchain.

The launch of the dYdX Chain in October 2023, with DYDX as its primary token, demonstrates community-driven governance, emphasizing decentralization.

How to Buy a dYdX token (ETHDYDX)?

dYdX (DYDX) can be purchased directly from Binance by using a debit or credit card. dYdX (DYDX) can also be traded for other cryptocurrencies on Binance Exchange. Live dYdX price is updated in real-time on Binance Exchange. Additionally, DYDX token price and purchase information is available on our How to Buy dYdX (ethDYDX) (DYDX) ) Guide.