dYdX
About dYdX
ETHDYDX is a widely accepted governance token based on the Ethereum blockchain. The token fuels the decentralized dYdX Layer 2 Protocol, known as dYdX v3. It allows the stakeholders including traders, liquidity providers, and partners to collectively contribute towards the improvement of the protocol. The protocol boasts increased transaction speed, reduced trading fees, and minimal gas costs, thanks to the StarkEx scalability engine by StarkWare.
In the last hour, dYdX's price has seen a change of +0.43%, and over the past 24 hours, its price has moved by +4.89%. Over the previous week, dYdX's price has moved by +6.68%. The current price of dYdX is BHD 0.05364, accompanied by a trading volume of 3.565M in the last day. dYdX's price is currently 96.86% below its all-time high of BHD 1.7079, which remains the highest price dYdX has achieved since its launch. The circulating supply of dYdX stands at 846.1M, translating to a total market capitalization of 45.39M.
Market stats
Frequently asked questions
What is a dYdX wallet?
A dYdX wallet is where you can securely store dYdX. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a dYdX address?
A dYdX address is a string of unique characters that is tied to your dYdX wallet. The address functions just like a bank account number and it is what you use in order to send dYdX from your wallet, or to receive dYdX to your wallet.
What are the most popular cryptocurrencies besides dYdX?
Besides dYdX, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What will the price of dYdX be in next 5 years?
Price predictions for dYdX over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading dYdX taxable?
Trading dYdX may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is dYdX's ATH?
dYdX’s all-time high (ATH) was BHD 1.7079 on 07 Mar 2024. This represents the highest recorded market price of the asset to date.
When will dYdX be available on Rain?
We’re always working to expand our listed assets. While we can not provide a specific listing date for dYdX just yet, stay tuned for updates by following us on our official social channels like X.
What is the market cap of dYdX?
With a market capitalization of 45.39M, dYdX is ranked 157 among other crypto assets.
What is the all-time high of dYdX?
The highest valuation of dYdX since its launch was at BHD 1.7079, marking its all-time high.
What is the 24-hour trading volume of dYdX?
The trading activity of dYdX over the last 24 hours was at 3.565M, highlighting its liquidity in the market.
How many dYdX are there in circulation?
There are approximately 846.1M units of dYdX currently in circulation, affecting its market dynamics.
What is the relative popularity of dYdX?
dYdX market cap is around 45.39M.
When was dYdX created?
dYdX was introduced on 03 Aug 2021.
Website
White paper
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