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dYdX Price Trend

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DYDX is an innovative trading platform with margin features. The platform is decentralized and built on the Ethereum blockchain. Major coins such as BTC, ETH, SOL, DOT can be exchanged and traded with margin options. DYDX is the platform's governance and utility token. DYDX is a DEX standing out with margin features. The platform is built on Ethereum with a layer-2 solution which allows users to benefit from lower costs on transactions.

With a total market cap of over $121 million, dYdX is the No. 164 cryptocurrency by market size. The currency symbol for dYdX is DYDX. dYdX is the token issued by the dYdX platform. There will only ever be 1 billion dYdX tokens issued. So far 65.5 million tokens (6.6% of the total supply) have been issued. We found savings accounts offering up to 15.2% APY on dYdX deposits and loans as low as 11.7% APY against dYdX used as collateral. Check out our dYdX staking yields table and dYdX loan rates table for further details.

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DYdX Price History

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Is the Price of DYdX Going to Go Up or Down?

The technical price analysis for dYdX below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of dYdX.

dYdX Reviews

Based on a total of 40 reviews across the web for dYdX we gave the cryptocurrency an overall rating of 74%.

dYdX Rating
74%
Based on 40 reviews
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dYdX YouTube Reviews

dYdX FAQs

AYes you can find the dYdX Reddit channel at https://reddit.com/r/dydxprotocol.
AYes, staking is available for dYdX on a number of platforms. For a full list of dYdX staking yields see our list of dYdX staking yields.
AYou can earn up to 15.2% APY by staking your dYdX tokens. Check out our dYdX staking yields table for further details.
ARight now the best staking rates are on Uniswap with an income rate of up to 15.2% APY.
AYou can check the technical indicators for dYdX on the dYdX Price Trend tab. These indicators are based on the analysis of multiple trading signals for dYdX.
AYou can find the cheapest exchange on which to buy dYdX on the dYdX Buy tab.
AAlmost all dYdX loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is dYdX flash loans which allow you to borrow uncollateralised dYdX for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all dYdX loans on the dYdX Loans tab.
AThe following venture capital firms have invested in dYdX: DragonFly Capital, Polychain Capital, DeFiance Capital, 1 Confirmation, Electric Capital, CMS Holdings, Paradigm and Three Arrows Capital.

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