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 $116 million, dYdX is the No. 167 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 48.5% 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 for further details.
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.
Based on a total of 40 reviews across the web for dYdX we gave the cryptocurrency an overall rating of 74%.
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