dYdX Price

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dYdX (DYDX) price has declined today.

The price of dYdX (DYDX) is $2.20 today with a 24-hour trading volume of $120,876,220.61. This represents a -1.40% price decline in the last 24 hours and a 6.20% price increase in the past 7 days. With a circulating supply of 170 Million DYDX, dYdX is valued at a market cap of $375,739,812.

dYdX token is a governance token for the dYdX exchange protocol. Past users of the protocol who trades on margin or on decentralized perpetual swaps are eligible to earn retroactive rewards. Token holders will be able to govern the dYdX Layer 2 protocol built with Starkware to align incentives between traders, liquidity providers, and partners.

A community treasury is allocated in order to grow the ecosystem through grants, liquidity mining programmes, and more which will be decided by the dYdX governance. Aside from governance, traders are eligible for trading discounts when trading on dYdX if they do hold the tokens. Discount fees can go as high as 50% if they hold at least 5 million tokens.

Read this detailed article to learn how dYdX works.

Where can you buy dYdX?

DYDX tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade dYdX is Bitget, where the most active trading pair DYDX/USDT has a trading volume of $1,975,212.15 in the last 24 hours. Other popular options include Binance and DigiFinex.

What is the daily trading volume of dYdX (DYDX)?

The trading volume of dYdX (DYDX) is $120,955,819.55 in the last 24 hours, representing a 43.50% increase from one day ago and signalling a recent rise in market activity.

What is the all-time high for dYdX (DYDX)?

The highest price paid for dYdX (DYDX) is $27.86, which was recorded on Sep 30, 2021 (almost 2 years). Comparatively, the current price is -92.10% lower than the all-time high price.

What is the all-time low for dYdX (DYDX)?

The lowest price paid for dYdX (DYDX) is $1.01, which was recorded on Jun 18, 2022 (about 1 year). Comparatively, the current price is 117.50% higher than the all-time low price.

What is the market cap of dYdX (DYDX)?

Market capitalization of dYdX (DYDX) is $375,739,812 and is ranked #103 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of DYDX tokens (170 Million tokens are tradable on the market today).

What is the fully diluted valuation of dYdX (DYDX)?

The fully diluted valuation (FDV) of dYdX (DYDX) is $2,198,114,856. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion DYDX tokens are in circulation today. Depending on how the emission schedule of DYDX tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of dYdX compare against its peers?

With a price increase of 6.30% in the last 7 days, dYdX (DYDX) is outperforming the global cryptocurrency market which is down -0.60%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

What is the market sentiment of dYdX today?

The community is bearish as more than 50% of users are feeling bad about dYdX (DYDX) today.

How to add dYdX (DYDX) to MetaMask?

Adding dYdX (DYDX) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import DYDX as a token. You can copy DYDX’s contract address (0x92d6c1e31e14520e676a687f0a93788b716beff5) and import it manually, or if you've installed MetaMask's chrome extension, add DYDX to MetaMask with one click on CoinGecko.

Add DYDX to MetaMask.

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