dYdX Price Today, Live Market & Historical Trend Chart

Q: What is DYDX?

DYDX is the native Layer-1 token of dYdX Chain. It is mainly used for network security, staking, and community governance, rather than representing company equity or a fixed-income instrument.

Q: What is DYDX staking used for?

Holders can stake DYDX with active validators. Proof of Stake (PoS) provides economic security for the chain through staked tokens; validators and staking weight together participate in operating and protecting the network.

Q: What governance can DYDX holders participate in?

DYDX can be used for decentralized governance, where community members use proposals and votes to participate in decisions affecting the protocol and community resources. Voting does not confer company equity, dividends, or redemption rights.

Q: How was DYDX initially issued and distributed?

DYDX had an initial issuance of 1 billion tokens. Early arrangements included categories such as the community, investors, team, and future contributors, with tokens becoming available gradually on a set schedule. Subsequent community governance may also affect how community funds and rewards are used.

Q: Can ethDYDX still be migrated to DYDX?

No. dYdX Chain ended support for the ethDYDX bridge in June 2025; unbridged ethDYDX can no longer be converted into DYDX on dYdX Chain, and sending it to the old bridge contract may permanently lock the tokens.

Q: Why do DYDX supply statistics differ from the early issuance amount?

After the bridge was discontinued, unbridged ethDYDX was removed from DYDX total-supply and circulating-supply statistics. The effective total supply announced on June 13, 2025 was 958,342,745 tokens; supply data may change with network conditions.

Q: Does staking DYDX mean receiving a fixed return?

Staking rewards are denominated in USDC, but rewards involve uncertainty at the market, validator, and protocol levels. Staking also involves token price volatility and validator-related risks; understand the relevant rules before participating.

Q: What should I note when using or holding DYDX?

DYDX's value and usability depend on the dYdX Chain ecosystem, network governance, and market conditions. Crypto-asset prices can fluctuate significantly; staking and governance features do not guarantee returns or prevent losses.

Rank 284

$0.12099

+$0.00225(+1.90%)

Market Cap

$102.64M

24h High

$0.12385

24h Low

$0.11806

24h Turnover

$45.39K

Total Supply

958.34M

Market Sentiment

Neutral

dYdX (DYDX) Price Performance

View dYdX (DYDX) Price Prediction

dYdX (DYDX) has a Last Price of $0.12099, with a 24h change of +1.90%. The 24h low is $0.11806, the 24h high is $0.12385, and the 24h turnover is $45.39K. The current market cap is approximately $102.64M, ranking 284 by market cap and accounting for 0.0022% of the total crypto market cap. The All-Time High is $4.52000 (⁦2024-03-07⁩), with a change from the All-Time High of -97.32%.

7 Days
-1.26%
Low
$0.10843
High
$0.12770
30 Days
-13.56%
Low
$0.10843
High
$0.15800
90 Days
-2.43%
Low
$0.09547
High
$0.15800
1 Year
-61.20%
Low
$0.07854
High
$0.36800

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 63; Greed
Last Week: 53; Normal
Last Month: 78; Greed

The Fear & Greed Index is currently 68/100, in the Greed zone; change from yesterday: +5, from last week: +15, and from last month: -10. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did dYdX (DYDX) Rise in the Last 24 Hours?

Within the dYdX ecosystem, Arcus plans to adjust perpetual contract fee tiers on 2026-10-23. This may affect expectations about the platform’s operational maturity and DYDX value capture. Arcus has also added tokenized stocks and WETH as collateral, which could improve capital efficiency, though the actual utility depends on subsequent use. Deribit plans to adjust the minimum price increment for DYDX and other contracts on 2026-10-27. This is a contract specification update that could prompt some strategies to adjust positions in advance. On 2026-10-21, the total quantity of orders across the first five order-book levels was below 5,000 units, with sell orders exceeding buy orders and one concentrated buy order providing localized support. The shallow book means larger orders may amplify price movements. Technical indicators at that time were broadly neutral and did not point to a consistent trend direction.

About dYdX (DYDX)

Dydx is a decentralized derivatives trading protocol that provides margin trading based on erc20 tokens through a major Ethereum smart contract.

Use Cases and Features

DYDX is the native Layer-1 token of dYdX Chain, used for proof-of-stake network security, staking, and community governance. Holders can delegate tokens to validators to participate in network security; staking rewards are denominated in USDC. Governance participants can influence community-level protocol decisions through proposals and voting.

Supply and Issuance Mechanism

DYDX initially issued 1 billion tokens, which became available gradually under a five-year schedule beginning in 2021. The initial allocation included the community, past investors, the team, and future contributors. After ethDYDX bridge support ended in 2025, unbridged ethDYDX was no longer counted in DYDX’s total supply; the effective total supply at that time was 958,342,745 tokens.

DEX

Derivatives

USDT

Exchange-based Tokens

Perpetuals

Margin

TRY

Website

Explorers

How to Buy and Use dYdX (DYDX)

How to Buy

Buy in just four steps (Log in -> Verify -> Purchase -> Receive crypto)

Verify

Trade

Receive Assets

Related Markets

Spot

DYDX/USDT

Trade

Futures

DYDX/USDT

Trade

Margin3X

DYDX/USDT

Trade

Simple Earn

Est.30-Day APR

0.53%

dYdX (DYDX) Basics & Market Insights

Fundamentals

What Is dYdX (DYDX)? A Complete Guide to Its Perpetual Trading Infrastructure and EcosystemBeginner

What Is dYdX? All You Need to Know About DYDXIntermediate

Why did dYdX choose to launch its own chain instead of continuing with a Layer 2 solution?Beginner

Market Analysis

$2 Trillion On-Chain Perpetuals Market Showdown: Who Will Lead the Next Generation of DeFi Derivatives—Lighter, Hyperliquid, or dYdX?A Comprehensive Comparison of the Top Three Decentralized Derivatives Platforms: Lighter, Hyperliquid, and dYdX2026-07-13

Hyperliquid vs dYdX vs GMX: On-Chain Perpetuals Comparison 2026A comprehensive comparison of HYPE, dYdX, and GMX—three leading on-chain perpetual contract protocols—examining their positions in trading volume, TVL, token fundamentals, and ecosystem dynamics.2026-05-20

From Bridging to Native: How USDC Cross-Chain Transfers Are Setting a New Standard for Stablecoins on CosmosInjective USDC emerges as the primary stablecoin standard for the Cosmos ecosystem and dYdX, backed by a four-year commitment to advance the implementation of native USDC cross-chain transfer protocols.2026-05-13

Frequently Asked Questions About dYdX (DYDX)

What is DYDX?

What is DYDX staking used for?

What governance can DYDX holders participate in?

How was DYDX initially issued and distributed?

Can ethDYDX still be migrated to DYDX?

Why do DYDX supply statistics differ from the early issuance amount?

Does staking DYDX mean receiving a fixed return?

What should I note when using or holding DYDX?

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

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