dYdX price

in USD
$0.3403
-- (--)
USD
Last updated on --.
Market cap
$267.46M #90
Circulating supply
790.38M / 1B
All-time high
$30
24h volume
$14.65M
Rating
3.4 / 5
DYDXDYDX
USDUSD

About dYdX

dYdX is a decentralized cryptocurrency exchange (DEX) that specializes in perpetual contracts, allowing users to trade with leverage directly from their wallets without intermediaries. Built on blockchain technology, dYdX offers a secure and transparent platform for trading derivatives, giving users full control over their funds. The native DYDX token powers the ecosystem, enabling governance participation and fee discounts. Key features include deep liquidity, competitive trading fees, and support for a wide range of crypto assets. As one of the leading decentralized perpetual trading platforms, dYdX provides an alternative to centralized exchanges while maintaining self-custody and on-chain transparency.
AI insights
CertiK
Last audit: Aug 21, 2021, (UTC+8)

dYdX’s price performance

Past year
-65.65%
$0.99
3 months
-41.59%
$0.58
30 days
-43.55%
$0.60
7 days
-3.47%
$0.35
53%
Buying
Updated hourly.
More people are buying DYDX than selling on OKX

dYdX on socials

JandX
JandX
when jez originally told me about lighter in march i was pretty skeptical about anything competing with HL. after dydx's success hundreds of competitors were spun up in late 2022 almost all of which failed, so i doubted this time would be different for challengers to HL. despite that he told me i should deposit to LLP regardless because the yield was so high. back in march the deposit caps were 25k per wallet, 50% of which could be deposited into LLP. luckily for me, lighter was hosting a trading competition with a grand prize of 15k points and 1k USDC (lol) so i took a shot at winning it using the remaining 12.5k i didnt dump into LLP
jez (blast era)
jez (blast era)
sometimes the answer is just locking your favorite responsive perp trader in a room with your engineering team and building the design he wants i have suggested this to teams before usually w/ @JandX_ and none took it but i think they all would have been better for it (no names)
TVBeeⓂ️Ⓜ️T
TVBeeⓂ️Ⓜ️T
【Let’s take a look】Who are the first validators of the Allora ecosystem? Let’s get to know some blockchain infrastructure operators that have not yet issued tokens. ┈┈➤ Physical Infrastructure ╰┈✦Artifact-systems @ArtifactStaking ◆ Introduction: A blockchain physical infrastructure service provider certified by SOC2. ◆ Scale: Small to medium-sized operators (niche type) ◆ Business: ① Provides physical servers for blockchain validator nodes and RPC services. ② Operates blockchain validator nodes and RPC nodes. ◆ Advantages: ① Dedicated, owned (not AWS-type), physical servers (not virtual machines) for clients. ② Customized optimization based on blockchain and specific client needs. ◆ Significance to Allora: Provides Allora with stable performance, customized physical infrastructure, and validation services. ┈┈➤ Consensus and Service Infrastructure ╰┈✦kingnodes @kingnodes ◆ Introduction: Blockchain infrastructure service operation and provider. ◆ Scale: Medium-sized operators (mature type) ◆ Business: ① Operates validator nodes and provides validator node services. ② Enterprise-level RPC operation management and services. ◆ Advantages: ① Software interception protection, promising to refund any financial losses caused by downtime interception. ② Covers major ecosystems such as Sei, dYdX, Somnia, Sahara AI, XRPL EM, XION, Berachain, Ethereum, Base, etc. ◆ Significance to Allora: Provides Allora with safe operation and management of validator nodes and RPC services, which helps enhance the influence of Allora AI inference and prediction products in the Web3 ecosystem. Promotes cooperation between Allora and major ecosystems. ╰┈✦Lavender.Five 🐝 @lavender_five ◆ Introduction: Validator nodes, RPC, and IBC operation and services. ◆ Scale: Medium to large-sized operators (professional type) ◆ Business: ① Validator node operation and services. ② Community-level RPC nodes. ③ IBC relays, etc. ◆ Advantages: ① Based on 15 years of system management and software development experience, builds a system that integrates continuous monitoring and automated settings. ② Supports 52 mainnets and 19 testnets, including Cosmos Hub, Akash, Aleo, Aptos, Babylon, Celestia, Injective, Osmosis, dYdX, etc. Especially strong technical support for the Cosmos ecosystem, IBC relay experts. ◆ Significance to Allora: Provides Allora with safe operation and management of validator nodes and RPC services. Offers professional IBC relay services, accelerating collaboration and integration between the Allora AI ecosystem and the Cosmos ecosystem. ╰┈✦RHINO @rhinostake ◆ Introduction: Enterprise-level blockchain full-stack infrastructure. ◆ Scale: Medium to large-sized operators (mature type) ◆ Business: ① Full-stack infrastructure for nodes, including validator nodes, RPC nodes, etc. ② Provides public and private API services based on node operation and services, allowing developers and users to access the blockchain. ③ Web3 strategic investment. ◆ Advantages: ① Security complies with ISO27001 security protocols. ② Supports expert assistance and quick response. ③ Owns several physical servers globally. ④ Connects to Scroll, Near, Ethereum, Bitcoin, Axelar, Solana, Thorchain, Avalanche, Linea, Optimism, ImmutableX, Starknet, Arbitrum, Cardano, Sui, Polygon, etc. ⑤ Also provides Web3 strategic investment services. ◆ Significance to Allora: Provides Allora network with safer, more professional, and stable infrastructure. Promotes the integration of the Allora ecosystem with other ecosystems. Has the opportunity to provide investment for Allora AI ecosystem model developers, AI products, etc. ┈┈➤ Consensus and Service Infrastructure + Node Operation Tools ╰┈✦Polkachu @polka_chu ◆ Introduction: Trusted validators for POS blockchains. ◆ Scale: Medium to large-sized operators (professional type) ◆ Business: ① Operates blockchain validator nodes. ② Operates RPC nodes. ③ Runs IBC relays. ④ Provides node-related tools and technologies. ◆ Advantages: ① Provides tools for retail investors and small teams to build nodes. ② Open RPC interfaces for developers to use for free, as well as API services for developers. ◆ Significance to Allora: Provides tools and technologies for retail investors and small teams to build Allora ecosystem nodes. Facilitates on-chain data access for Worker nodes in the Allora ecosystem. ╰┈✦Moonlet @moonlet_hq ◆ Introduction: Custom Web3 infrastructure solution provider. ◆ Scale: Small to medium-sized operators (niche type) ◆ Business: ① RPC node and dedicated node operation and services. ② Customized APIs. ③ Node monitoring dashboards. ④ Customized load balancing services. ◆ Advantages: ① APIs can be customized according to client needs. ② Comprehensive monitoring of node health and operational data, reporting node performance and operational metrics, and alerting when issues are imminent or have occurred. ③ Customized load balancing services that can automatically detect nodes and intelligently route traffic to the optimal node. ④ Wormhole guardian nodes connecting multiple cross-chain ecosystems. ◆ Significance to Allora: Can provide smarter and more flexible support for the health and security of the Allora ecosystem. ┈┈➤ Consensus, Service, and Economic Infrastructure ╰┈✦ @P2Pvalidator ◆ Introduction: A top global non-custodial staking infrastructure provider. ◆ Scale: Large operators (leading) ◆ Business: ① SaaB (Staking-as-a-Business), a non-custodial staking platform for individuals and institutions. ② Staking API services. ③ Integrates EigenLayer for re-staking. ④ Integrates SSV for distributed validation services. ⑤ BTC Product Hub, integrating multiple staking and yield protocols in the Bitcoin ecosystem into one platform. ◆ Advantages: ① SOC 2 Type I certification (information security management standard) + smart contract audit. ② Provides users with a staking data dashboard, allowing them to understand staking and un-staking wait times in real-time. ③ Market value in the BTC ecosystem. ④ Supports emerging networks such as Sui, Aptos, Celestia, Hyperliquid, Sahara AI, etc. ⑤ Total TVL exceeds $10 billion, supporting staking for 40 ecosystem chains and over 130 institutional clients. ◆ Significance to Allora: May provide Allora ecosystem stakers with secure, convenient, and flexible staking services. Its vast ecosystem and global reputation are beneficial for enhancing Allora's visibility, especially in promoting collaboration between Allora and the BTC ecosystem. ┈┈➤ Consensus, Service, and Economic Infrastructure + Data Analysis Tools ╰┈✦ @imperator_co ◆ Introduction: Institutional-level blockchain infrastructure and validation service provider. ◆ Scale: Medium to large-sized operators (professional type) ◆ Business: ① Dedicated node and RPC node operation. ② Data API services and analysis dashboards. ③ Accepts staking of ecosystem tokens from Babylon, Hyperliquid, TON, Avalanche, Solana, SUI, etc. ◆ Advantages: ① Data and analysis services based on nodes. ② In addition to multi-chain deep coverage, focuses on providing dedicated RPC nodes and data services for the Hyperliquid ecosystem. ◆ Significance to Allora: Helps Allora obtain on-chain data, facilitating cooperation between the Allora ecosystem and the Hyperliquid ecosystem. ┈┈➤ Consensus, Service, and Economic Infrastructure + Venture Capital ╰┈✦StakingCabin @stakingcabin ◆ Introduction: Emerging blockchain validators and staking service providers. ◆ Scale: Small to medium-sized operators (niche type) ◆ Business: ① Operates validator nodes and RPC nodes. ② Non-custodial staking services. ③ Venture capital business. ◆ Advantages: The company is likely located in Dubai, which is crypto-friendly and conducive to compliant operations. Additionally, the UAE has no personal income tax and corporate income tax for most industries, giving it a cost advantage. ◆ Significance to Allora: May benefit Allora's ecosystem expansion in the UAE region. ┈┈➤ Consensus, Service, and Economic Infrastructure + Node Operation Tools ╰┈✦ @NodesGuru ◆ Introduction: Blockchain validator nodes and non-custodial staking service provider. ◆ Scale: Medium-sized operators (mature type) ◆ Business: ① Operates validator nodes and RPC services. ② Testnet aggregation platform. ③ Aptos staking. ④ Node robot tools and consulting services. ◆ Advantages: ① Participated in over 170 testnets, making it the largest testnet aggregator. ② Node robots can monitor node health, track validator commission changes and delegations, follow the latest blockchain proposals, and provide token unlock warnings, etc. ◆ Significance to Allora: Benefits the health of Allora nodes and ecological data monitoring. ╰┈✦Silk Nodes @silk_nodes ◆ Introduction: Infrastructure service provider focused on the Cosmos ecosystem. ◆ Scale: Small to medium-sized operators (niche type) ◆ Business: ① Dedicated RPC nodes. ② Customized branded nodes. ③ Cosmos ecosystem staking. ④ Discord bots. ◆ Advantages: ① Deeply engaged in the Cosmos ecosystem, providing a simplified toolkit for building Tendermint nodes. ② Node dashboards for the Cosmos ecosystem, with rich data on governance, staking, blocks, transactions, etc. ◆ Significance to Allora: Has already prepared $ALLO staking for the Allora ecosystem, soon to become part of the Allora ecosystem, while also integrating Allora into the Cosmos ecosystem. ┈┈➤ Consensus, Service, and Economic Infrastructure + Market ╰┈✦Omakase @0xmakase_jp ◆ Introduction: A validator operator established in Japan in 2018. ◆ Scale: Local operators ◆ Business: ① Node operation and validator management. ② Staking business. ③ Security audit support. ④ Operational services. ◆ Advantages: Can build community in the Japanese local market, KOL programs, and public relations activities. ◆ Significance to Allora: Benefits Allora's expansion into the Japanese market. ┈┈➤ End-user Infrastructure ╰┈✦Cosmostation @CosmostationVD ◆ Introduction: Smart crypto infrastructure. ◆ Scale: Large operators (leading) ◆ Business: ① Validator node operation. ② Blockchain explorer and API services. ③ Wallet products. ◆ Advantages: ① The blockchain explorer is a data visualization analysis platform. The mature Mintscan blockchain explorer supports the Cosmos ecosystem and multiple EVM chains. Kavascan is specifically aimed at the EVM ecosystem. ② Multi-chain wallet products. The mature cosmostation wallet browser plugin and mobile version support over 140 networks. ③ Splash Dash and mobile wallets are specifically aimed at the SUI ecosystem. ◆ Significance to Allora: May provide blockchain explorer and wallet support for the Allora ecosystem, as well as provide traffic entry and user base for Allora AI products. ┈┈➤ In Conclusion ╰┈✦ Mainly Infrastructure Operators The validators joining Allora this time, apart from the Allora Foundation, are all infrastructure operators. Providing physical servers and operating validator nodes as Allora's physical infrastructure, operating validator nodes as Allora's consensus infrastructure, and building RPC, IBC, etc. as Allora's service infrastructure. ╰┈✦ Unique Features and Advantages At the same time, these validators each have unique features and advantages. Some operators have established staking platforms as Allora's economic infrastructure. Some operators have provided operation and analysis tools for nodes. Some operators have provided data analysis tools for developers. Some operators have venture capital, market operation, and other businesses. Medium to small-sized operators have adopted niche marketing strategies, either providing their own physical infrastructure or developing convenient operation tools for nodes to facilitate node building, analysis, and monitoring, or providing data analysis tools for developers, or also accompanied by venture capital or marketing services... ╰┈✦ Focused on the Cosmos Ecosystem Currently, these node operators are still mainly focused on the Cosmos ecosystem. This means that in terms of infrastructure and ecosystem, Allora still has greater potential for improvement. ╰┈✦ Outlook These infrastructure operators jointly build the ecological foundation of Allora. At the same time, these operators have ecological advantages in many ecological networks and some local markets, soon to become the driving force for advancing the Allora ecosystem. Looking forward to more different types of institutions, teams, individuals, and even AI robots joining Allora's node network, allowing Allora's intelligent ecosystem to serve AI users. ╰┈✦ This is really the last note If you are unwilling to read such a long content. Then, understanding that Allora's validators are all professionals with varying degrees of influence in different regions, and knowing the overwhelming response when Allora's mainnet goes live, is enough!
Allora
Allora
Validators form the backbone of Allora, ensuring the network remains secure, robust, and trustworthy. They are integral participants who maintain the platform's integrity, enabling Allora to thrive and innovate in a decentralized environment. Allora Validators 101 🧵👇
ao
ao
🗂️ DATA LAYER DECODED Thursday | 1pm ET | DUH Livestream @KYVENetwork is exposing how the entire Web3 data stack actually works. Live from the underground with @RieweFabian & @BramasPaul: → Tamper-proof data meets permanent storage → dYdX, NEAR, Cronos already plugged in → The validated data layer AI agents will depend on KYVE + @ArweaveEco = the infrastructure rebels actually need. Tune in or stay in the dark.

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dYdX FAQ

dYdX is an advanced trading exchange for spot, margin, and perpetual futures trading. Traders can directly access the platform without handing over their assets to a central entity. The platform is powered by smart contracts on Ethereum, making dYdX an open, permissionless, noncustodial DEX. DYDX is the ticker symbol of the exchange’s native governance token.

dYdX offers various trading tools and features that help with faster trade execution, security, and platform transparency. Moreover, there have been no gas fees after implementing Layer 2 scaling solutions, giving traders access to more trading pairs.

The noncustodial dYdX exchange uses smart contracts for all its services. Each asset listed on dYdX has its own lending pool. Lenders and borrowers interact within asset pools, determining the supply and demand and each asset’s interest rates. DeFi services such as margin trading and perpetual futures trading are also available.

Easily buy dYdX tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include dYdX/USDT and dYdX/USDC.

You can also buy dYdX with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.

Swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for dYdX with zero fees and no price slippage by using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into dYdX, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

Currently, one dYdX is worth $0.3403. For answers and insight into dYdX's price action, you're in the right place. Explore the latest dYdX charts and trade responsibly with OKX.
Cryptocurrencies, such as dYdX, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as dYdX have been created as well.
Check out our dYdX price prediction page to forecast future prices and determine your price targets.

Dive deeper into dYdX

As a Layer-2 decentralized exchange, dYdX leverages Ethereum smart contracts to create various crypto-asset financial products. DYDX is the name and ticker symbol of the governance token of the dYdX exchange. With advanced trading features, this open trading platform supports perpetual futures, margin trading, borrowing, and lending to ensure fast execution, security, and transparency. The exchange also offers programmatic trading and helps traders build their trading bots on dYdX.

In 2020, the fully noncustodial protocol also implemented a Layer 2 scaling solution (ZK-rollups) by partnering with blockchain technology developer StarkWare. With this partnership, the perpetual contracts on the exchange are powered by StarkWare’s scalability engine, StarkEx. As a result, with 25 times more buying power, traders no longer have to pay fees to miners for each transaction.

The StarkWare and dYdX integration helped bring more trading pairs onto the exchange, allowing traders to increase capital efficiency and trade with lower margin requirements.

The liquidity of the dYdX exchange is mainly due to staking pools. dYdX has two types of staking pools, namely safety and liquidity pools. Both provide liquidity and allow the creation of new markets on the Layer 2 protocol. Users continue to receive staking rewards in proportion to their share in the pools. The platform also incentivizes long-term holders of DYDX tokens by providing them with trading rewards and discounts.

DYDX price and tokenomics

DYDX has a total supply of 1 billion, which will be distributed over five years. The perpetual inflation rate is fixed at a maximum of 2% per year, enforced via a governance proposal. All holders of DYDX tokens can participate in the governance process to make necessary changes to the Layer 2 protocol. For example, holders can define staking pool payouts and set risk parameters, adding more utility value to the DYDX token.

50% of the total supply of DYDX tokens will go towards the dYdX community, which includes traders, liquidity providers, and stakers. The remaining supply is distributed among past investors and employees of the dYdX Foundation. The token’s staking mechanism and governance utility has facilitated the growth of DYDX’s price.

About the founders

Antonio Juliano is the founder and CEO of dYdX. He started his journey in the crypto world after graduating from Princeton University with a computer science degree, which landed him an internship at Coinbase. He started the dYdX decentralized exchange to increase transparency, improve user safety, and faster trading transactions. Juliano felt a lot of demand for margin trading and pushed it as a use case for dYdX.

dYdX has raised a total of $87 million over four funding rounds. On June 15, 2021, dYdX raised $65 million during a Series C round led by Paradigm. The previous funding round in January 2021 helped raise $10 million, the lead investors being Three Arrows Capital and Defiance Capital.

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Market cap
$267.46M #90
Circulating supply
790.38M / 1B
All-time high
$30
24h volume
$14.65M
Rating
3.4 / 5
DYDXDYDX
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