Coins: 10053 Exchanges: 858 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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dYdX price

dYdX Price (DYDX)

$3.95

6.83%
Rank #0

dYdX Price Chart (DYDX/USD)

Last updated 05 Mar 2024, 10:33AM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Binance DYDX / USDT $1.99 0.05% $11,813,762
2 Huobi Global DYDX / USDT $1.98 0.12% $8,237,823
3 XT.COM DYDX / USDT $1.99 0.10% $6,846,308
4 OKX DYDX / USDT $1.98 0.05% $3,152,335
5 Coinstore DYDX / USDT $1.99 0.25% $2,343,051
6 Bitforex DYDX / USDC $3.00 0.69% $1,898,828
7 Bitget DYDX / USDT $1.99 0.04% $1,479,448
8 BTSE DYDX / USD $1.99 0.35% $1,207,720
9 Digifinex DYDX / USDT $1.98 0.15% $1,162,723
10 Toobit DYDX / USDT $1.86 0.05% $937,775
11 Bitrue DYDX / USDT $1.99 0.05% $935,697
12 Bit.com DYDX / USDT $2.56 0.35% $875,852
13 Binance DYDX / BUSD $2.07 0.05% $706,471
14 Bybit (Spot) DYDX / USDT $1.98 0.05% $622,077
15 WhiteBIT DYDX / BTC $1.38 2.10% $607,401
16 Bitrue DYDX / USDC $2.14 0.51% $602,673
17 Gate.io DYDX / USDT $1.99 0.04% $576,635
18 LBank DYDX / USDT $1.99 0.10% $559,940
19 Dex-Trade DYDX / USDT $1.99 0.15% $559,640
20 CoinW DYDX / USDT $1.99 0.16% $517,229
21 BingX DYDX / USDT $1.98 0.35% $513,648
22 Kraken DYDX / USD $1.98 0.15% $486,229
23 KuCoin DYDX / USDT $1.99 0.04% $444,106
24 BitMart DYDX / USDT $1.98 0.10% $417,144
25 Binance DYDX / BTC $2.13 0.01% $396,428
26 LocalTrade DYDX / USDT $2.37 0.19% $345,083
27 AscendEX (BitMax) DYDX / USDT $1.98 0.50% $308,861
28 MEXC Global DYDX / USDT $1.98 0.05% $210,341
29 Fameex DYDX / USDT $1.98 0.10% $195,254
30 Phemex DYDX / USDT $1.98 0.05% $188,641
31 Bitrue DYDX / BUSD $1.98 0.05% $135,503
32 Gate.io DYDX / USD $2.32 0.37% $103,886
33 BigONE DYDX / USDT $1.99 1.11% $90,109
34 WhiteBIT DYDX / USDT $1.99 0.05% $89,785
35 Bitazza DYDX / USDT $1.99 0.45% $87,792
36 Deepcoin DYDX / USDT $1.98 0.10% $86,468
37 Binance DYDX / BNB $1.14 0.70% $80,704
38 OKX DYDX / USDC $2.01 0.10% $62,965
39 Bitkub DYDX / THB $1.97 0.24% $54,067
40 Cryptology DYDX / USDT $1.98 0.45% $48,266
41 Bitso DYDX / USD $1.98 0.13% $36,125
42 Kraken DYDX / EUR $2.14 0.10% $31,239
43 CoinEx DYDX / USDT $1.98 0.23% $30,468
44 AEX DYDX / USDT $1.34 0.22% $27,254
45 Hotbit DYDX / USDT $2.04 1.31% $25,134
46 LATOKEN DYDX / BTC $2.08 0.32% $17,590
47 WOO Network DYDX / USDT $1.99 0.15% $16,764
48 Dex-Trade DYDX / BTC $1.97 0.13% $15,864
49 LATOKEN DYDX / USDT $2.09 0.53% $13,866
50 Kanga DYDX / USDT $1.98 2.98% $13,380

DYDX Price Statistics

$4
24H Range
$4
  • dYdX Price Now $4
  • 24h Low / 24h High $4 / $4
  • Trading Volume $47,003,769
  • Market Cap Rank #70
  • Market Cap $1,685,359,855
  • Volume / Market Cap 0.0279
  • All-Time High $4 -0.06%
    Mar 05, 2024
  • All-Time Low $2 72.34%
    Jan 03, 2024
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dYdX cryptocurrency: Revolutionizing Exchange and Trading

Introduction


Cryptocurrencies have gained massive popularity in recent years, providing individuals with alternative means of investing and participating in the digital economy. One such cryptocurrency making waves in the industry is dYdX. Powered by advanced blockchain technology, dYdX offers users an innovative platform for exchange and trading.

Overview of dYdX


dYdX is a decentralized cryptocurrency exchange and trading protocol built on the Ethereum blockchain. It was developed to address the limitations of traditional centralized exchanges, such as lack of transparency, high fees, and security vulnerabilities. By leveraging smart contracts, dYdX aims to provide users with a reliable and secure platform for trading digital assets.

Key Features


1. Margin Trading: dYdX allows users to engage in margin trading, enabling them to borrow funds and trade with leverage. This feature provides traders with increased opportunities to profit from market fluctuations while also posing higher risks.2. Perpetual Contracts: With perpetual contracts, traders can access derivatives markets and speculate on the price movements of various underlying assets, including cryptocurrencies, without an expiration date.3. Lending and Borrowing: dYdX facilitates lending and borrowing of digital assets, allowing users to earn interest on their holdings or borrow assets for margin trading. This feature creates a thriving lending market within the platform, benefiting both lenders and borrowers.4. Non-Custodial Trading: Unlike centralized exchanges, dYdX is non-custodial, meaning users have control over their funds throughout the trading process. This feature enhances security and eliminates the risk of hacks or loss of funds due to exchange vulnerabilities.

Advantages of dYdX


dYdX offers several advantages over traditional cryptocurrency exchanges:1. Transparency: As a decentralized platform, dYdX ensures transparency by recording all transactions on the Ethereum blockchain, making them publicly accessible and verifiable.2. Lower Fees: dYdX operates with minimal fees, significantly lower than those charged by centralized exchanges. This cost-effectiveness attracts traders and investors looking to maximize their profits.3. Global Accessibility: dYdX operates purely in the digital realm, allowing users from all corners of the world to participate in cryptocurrency trading, provided they have an internet connection.4. No KYC Requirements: Unlike many traditional exchanges, dYdX does not require users to go through a Know Your Customer (KYC) verification process. This aspect appeals to individuals seeking anonymity and privacy in their trading activities.

Conclusion


dYdX cryptocurrency is rapidly emerging as a leading platform for decentralized exchange and trading. By providing innovative features like margin trading, perpetual contracts, and lending and borrowing, dYdX empowers users with more control over their assets and opportunities for profit. With its transparency, cost-effectiveness, and global accessibility, dYdX is revolutionizing the world of cryptocurrency trading.