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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 $433 million, dYdX (ethDYDX) is the No. 76 cryptocurrency by market size. The currency symbol for dYdX (ethDYDX) is ETHDYDX and it originated in the United States. dYdX (ethDYDX) is the token issued by the dYdX platform. There will only ever be 1 billion dYdX (ethDYDX) tokens issued. So far 179 million tokens (17.9% of the total supply) have been issued.
ethDYDX is undergoing a migration to dYdX Chain. More information if available here.
We found crypto protocols offering up to 4.1% APY on dYdX (ethDYDX) deposits (0% APY CeFi, 4.1% APY DeFi) and loans as low as 11.6% APY against dYdX (ethDYDX) used as collateral. Check out our dYdX (ethDYDX) staking yields table and for further details.
Based on a total of 40 reviews across the web for dYdX (ethDYDX) we gave the cryptocurrency an overall rating of 74%.
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