DYDX / altcoin
dYdX
DYDX
dYdX — decentralized perpetuals exchange
Price · 1 year
$0.1673-73.4% · 1Y
ATH $4.52 on Mar 2024·upd. May 27
How much will you earn?
DYDX
| Platform | Interest | Total |
|---|---|---|
| ★ | +0.9164 | 10.9164 |
| +0.0803 | 10.0803 |
On OKX Earn:+0.0025per day·+0.0733per month·+0.9164per year
Method: monthly compounding (1 + APR/12)ⁿ, where APR is the exchange's stated rate. The realised 12-month return is slightly higher due to reinvestment. Rates may change. Not financial advice.
Coin signals
- 🪙 Small market cap: $133M
- 💧 Modest liquidity: $6M / 24h
- 📉 Price -96% below ATH. Peak: Mar 2024
- 📅 Down over the year (-73%)
- 📊 Low market cap rank (#246)
All platforms for DYDX
| Platform | Best | Type | Platf. risk | |
|---|---|---|---|---|
| | 8.8 % | flexible | B | Open |
| | 0.8 % | flexible | C | Open |
What is DYDX
dYdX is the largest on-chain perpetuals DEX. In 2024 it migrated from an Ethereum L2 to its own Cosmos chain (dYdX Chain). DYDX is used for governance, staking and a share of trading-fee revenue.
Known risks
- ⚠Competition from Hyperliquid, GMX, Vertex
- ⚠Regulatory risk: perpetuals under scrutiny
- ⚠Large token unlocks