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dYdX (ethDYDX) Price (ETHDYDX)

dYdX (ethDYDX) Price (ETHDYDX)

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Currency:
ETHDYDX to USD:
1 dYdX (ethDYDX) equals $ 2.082455 USD+2.33%1D
Page last updated: 2024-12-16 11:01 (UTC+0)
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Note: This information is for reference only.

Price of ETHDYDX today

The live price of dYdX (ethDYDX) is $ 2.082455 per (ETHDYDX / USD) with a current market cap of $ 449.93M USD. 24-hour trading volume is $ 82.63M USD. ETHDYDX to USD price is updated in real-time. dYdX (ethDYDX) is +2.33% in the last 24 hours with a circulating supply of 216.06M.
ETHDYDX Price History USD
Date ComparisonAmount Change% Change
Today$ 0.047322+2.33%
30 Days$ 0.799934+62.37%
60 Days$ 1.141915+121.41%
90 Days$ 1.208382+138.25%

ETHDYDX Market Information

24h Low & High
Low: $ 2.035132
High: $ 2.239204
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)
-0.9%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
+2.33%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-11.57%
The percentage change in price for this asset compared to 7 days ago.

ETHDYDX Market Information

Popularity
#177
Popularity is based on the relative market cap of assets.
Market Cap
$ 449.93M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
$ 82.63M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
216.06M
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
--
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
$ 753.14M
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

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)

  1. 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. 

  2. 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. 

  3. 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.

  4. 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.

  5. 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.

  6. How Much Will dYdX Be Worth in the Future?

    Check out our dYdX Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

ETHDYDX to Local Currency

FiatPriceOperation
1 ETHDYDX to USD$ 2.082455
1 ETHDYDX to TRY$ 2.082455
1 ETHDYDX to RUB$ 2.082455
1 ETHDYDX to EUR$ 2.082455
1 ETHDYDX to AED$ 2.082455
1 ETHDYDX to AUD$ 2.082455
1 ETHDYDX to BRL$ 2.082455
1 ETHDYDX to VND$ 2.082455
1 ETHDYDX to IDR$ 2.082455
Last updated 2024/12/16 11:01 (UTC)

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