dYdX
ETHDYDX Price
How is the price of dYdX (ETHDYDX) calculated?
The price of dYdX (ETHDYDX) is calculated in real-time by aggregating the latest data across 70 exchanges and 88 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
dYdX Price Chart (ETHDYDX)
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 2.7% | 3.9% | 13.4% | 26.5% | 73.6% | 30.0% |
ETHDYDX Converter
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$936,123,952 |
|---|---|
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
1.0 |
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Market Cap / TVL Ratio
Ratio of market capitalization over total value locked of this asset. A ratio of more than 1.0 refers to its market cap being greater than its total value locked.
MC/TVL is used to approximate a protocol’s market value vs. the amount in assets it has staked/locked. |
21.23 |
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Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$936,123,952 |
|
Fully Diluted Valuation / TVL Ratio
Ratio of fully diluted valuation (FDV) over total value locked (TVL) of this asset. A ratio of more than 1.0 means that the FDV is greater than its TVL.
FDV/TVL is used to approximate a protocol’s fully diluted market value vs. the amount in assets it has staked/locked. |
21.23 |
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24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$107,090,886 |
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Total Value Locked (TVL)
Capital deposited into the platform in the form of loan collateral or liquidity trading pool.
Data provided by Defi Llama |
$44,097,833 |
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Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
449,501,458 |
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
449,501,458
|
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Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
1,000,000,000 |
Snapshot
ETHDYDX Historical Price
| 24h Range | $2.08 – $2.21 |
|---|---|
| 7d Range | $1.81 – $2.65 |
| All-Time High |
$27.86
92.5%
Sep 30, 2021 (about 3 years)
|
| All-Time Low |
$0.8074
157.8%
Sep 06, 2024 (3 months)
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How do you feel about ETHDYDX today?
What is Ethereum-based DYDX (ethDYDX)?
ethDYDX was launched on August 3, 2021. ethDYDX is a governance token for the dYdX Layer 2 protocol built on Ethereum (“dYdX v3”). Token holders are able to govern certain parameters of dYdX v3 to align incentives between traders, liquidity providers, and partners. The ethDYDX token enables a robust ecosystem around governance, rewards, and staking - each of which is designed to drive future growth and decentralization of dYdX v3.
Read this article to learn how dYdX v3 works.
Migration to the dYdX Chain
On June 22, 2022, dYdX Trading Inc.(“dYdX Trading”) announced the next iteration of the dYdX protocol - the dYdX Chain Open Source Software. The dYdX Chain is a proof-of-stake blockchain network and, as such, it requires a Layer 1 (“L1”) protocol token for staking to validators in order to secure the chain and for stakers of the L1 token to govern the network. Holders of the L1 token can use their L1 tokens to run a validator or stake their tokens to a validator in order to participate in securing and governing the network.
The wethDYDX Smart Contract enables a potential migration of ethDYDX from Ethereum to the dYdX Chain.
When interacted with, the wethDYDX Smart Contract would carry out the following functions in a fully permissionless and automated manner:
- Receive and permanently lock the ethDYDX tokens sent by the user to the wethDYDX Smart Contract;
- Send a wrapped version of the Ethereum-based DYDX token (“wethDYDX”) to the user on a 1-1 proportional basis on Ethereum; and
- dYdX Chain validators can also read and ingest the information in the wethDYDX Smart Contract such that corresponding DYDX can be distributed to users by validators on the dYdX Chain once there is confirmation that Step 1 above is complete and the ethDYDX is permanently locked in the wethDYDX Smart Contract.
More information about the migration of ethDYDX from Ethereum to dYdX Chain is available here.
Where can you buy dYdX?
ETHDYDX tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade dYdX is WhiteBIT, where the most active trading pair ETHDYDX/USDT has a trading volume of $12,054,085.57 in the last 24 hours. Other popular options include LBank and Bitunix.
What is the daily trading volume of dYdX (ETHDYDX)?
The trading volume of dYdX (ETHDYDX) is $107,090,886.24 in the last 24 hours, representing a -38.90% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for dYdX (ETHDYDX)?
The highest price paid for dYdX (ETHDYDX) is BTC0.0006555, which was recorded on Sep 30, 2021 (about 3 years). Comparatively, the current price is -92.50% lower than the all-time high price.
What is the all-time low for dYdX (ETHDYDX)?
The lowest price paid for dYdX (ETHDYDX) is BTC0.00001227, which was recorded on Sep 06, 2024 (3 months). Comparatively, the current price is 157.80% higher than the all-time low price.
What is the market cap of dYdX (ETHDYDX)?
Market capitalization of dYdX (ETHDYDX) is BTC9,240.1489 and is ranked #142 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ETHDYDX tokens (450 Million tokens are tradable on the market today).
What is the fully diluted valuation of dYdX (ETHDYDX)?
The fully diluted valuation (FDV) of dYdX (ETHDYDX) is BTC9,240.1489. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion ETHDYDX tokens are in circulation today. Depending on how the emission schedule of ETHDYDX tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of dYdX compare against its peers?
With a price decline of -13.40% in the last 7 days, dYdX (ETHDYDX) is underperforming the global cryptocurrency market which is down -1.50%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
How to add dYdX (ETHDYDX) to MetaMask?
Adding dYdX (ETHDYDX) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import ETHDYDX as a token. You can copy ETHDYDX’s contract address (0x92d6c1e31e14520e676a687f0a93788b716beff5) and import it manually, or if you've installed MetaMask's chrome extension, add ETHDYDX to MetaMask with one click on CoinGecko.
Add ETHDYDX to MetaMask.
dYdX Markets
| # | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
CEX
|
$2.08 | 0.02% | $509,735 | $1,000,111 | $12,054,085 | 11.26% |
Recently
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| 2 |
CEX
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$2.08 | 0.01% | $508,702 | $609,138 | $4,091,220 | 3.82% |
Recently
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| 3 |
CEX
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$2.08 | 0.01% | $493,833 | $518,915 | $3,229,342 | 3.02% |
Recently
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| 4 |
CEX
|
$2.08 | 0.03% | $51,327 | $41,092 | $6,637,701 | 6.2% |
Recently
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| 5 |
CEX
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$2.08 | 0.1% | $144,751 | $204,867 | $7,024,459 | 6.56% |
Recently
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| 6 |
CEX
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$2.08 | 0.04% | $29,190 | $49,456 | $1,761,505 | 1.65% |
Recently
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| 7 |
CEX
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$2.08 | 0.11% | $192,240 | $154,578 | $2,105,513 | 1.97% |
Recently
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| 8 |
CEX
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$2.09 | 0.1% | $73,726 | $63,236 | $1,819,388 | 1.7% |
Recently
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| 9 |
CEX
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$2.08 | 0.03% | $34,301 | $51,705 | $400,486 | 0.37% |
Recently
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| 10 |
CEX
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$2.08 | 0.14% | $29,346 | $34,335 | $2,176,692 | 2.03% |
Recently
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