dYdX
DYDX
Rank #204
0.109472
24h
24h:
-0.19%
7d:
-9%
30d:
+1.4%
Market Cap
5.327M
24h:
+0.19%
Volume
2.811M
Circulating Supply
48.638M DYDX
Total Supply
780.142M DYDX
Emerging as a prominent decentralized exchange (DEX), dYdX offers perpetual trades across 35+ crypto assets, including Bitcoin. Founded in 2017 by Antonio Juliano, the platform began with Ethereum-based margin trading, lending, and borrowing. By August 2021, dYdX expanded to cross-margin perpetual trading, a strategy pivotal during market swings. Engineered on Ethereum smart contracts and Starkware's STARK Rollups, dYdX has iteratively decentralized its features, fostering open-access protocols.
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