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Overview of dYdX (DYDX)

dYdX (DYDX) is a decentralized exchange (DEX) and governance token for the dYdX exchange protocol. It operates on the Ethereum platform. The DYDX token allows users who trade on margin or decentralized perpetual swaps to earn retroactive rewards. With a market cap ranking of 97, dYdX has seen a significant price change of 97% in the past 30 days.

Features and Use Cases

dYdX serves as a decentralized exchange facilitating the trading of various assets, particularly derivatives and perpetuals. It enables users to engage in decentralized finance (DeFi) transactions and participate in the Ethereum ecosystem. As a governance token, DYDX provides holders with voting rights and influence over decisions related to the dYdX exchange protocol.

Listed Exchanges

dYdX (DYDX) is listed on multiple exchanges, including MEXC, DigiFinex, Binance, Bitget, Gate.io, BitMart, XT.COM, BingX, CoinW, OKX, Deepcoin, Toobit, BTSE, Huobi, WOO X, Crypto.com Exchange, Phemex, Bitrue, KuCoin, Bybit, Kraken, Bitazza, WhiteBIT, LBank, LocalTrade, Uniswap V3 (Ethereum), CoinEx, FameEX, Coinstore, Ace, Trubit, Dex-Trade, LATOKEN, Bitso, Kanga, Tarmex, Cryptology, HitBTC, FMFW.io, Nominex, Pionex, TokoCrypto, CoinCatch, Bitunix, CEX.IO, BYDFi, Indodax, AscendEX (BitMax), Nami.Exchange, ZigZag (zkSync v1), Biconomy, Bitforex, Tokenize, Bitkub, Bitlo, Bibox, BIT, Sushiswap, BigONE, Poloniex, CoinDCX, Paribu, Bitstamp, OpenOcean, Uniswap V2 (Ethereum), Foxbit, and WazirX.

FAQ

What is dYdX (DYDX) token used for?

dYdX (DYDX) token is a governance token for the dYdX exchange protocol. It provides users who trade on margin or decentralized perpetual swaps with the opportunity to earn retroactive rewards. Additionally, DYDX token holders have voting rights and influence over protocol-related decisions.

How has the price of DYDX changed in the past 30 days?

Over the past 30 days, the price of DYDX has increased by 97%.

Which exchanges list dYdX (DYDX) token?

dYdX (DYDX) token is listed on various exchanges, including MEXC, DigiFinex, Binance, Bitget, Gate.io, BitMart, XT.COM, BingX, CoinW, OKX, Deepcoin, Toobit, BTSE, Huobi, WOO X, Crypto.com Exchange, Phemex, Bitrue, KuCoin, Bybit, Kraken, Bitazza, WhiteBIT, LBank, LocalTrade, Uniswap V3 (Ethereum), CoinEx, FameEX, Coinstore, Ace, Trubit, Dex-Trade, LATOKEN, Bitso, Kanga, Tarmex, Cryptology, HitBTC, FMFW.io, Nominex, Pionex, TokoCrypto, CoinCatch, Bitunix, CEX.IO, BYDFi, Indodax, AscendEX (BitMax), Nami.Exchange, ZigZag (zkSync v1), Biconomy, Bitforex, Tokenize, Bitkub, Bitlo, Bibox, BIT, Sushiswap, BigONE, Poloniex, CoinDCX, Paribu, Bitstamp, OpenOcean, Uniswap V2 (Ethereum), Foxbit, and WazirX.

Is dYdX an Ethereum-based platform?

Yes, dYdX operates on the Ethereum platform as an integral part of the Ethereum ecosystem.

What can be traded on the dYdX exchange?

dYdX allows users to trade various assets, with a particular focus on derivatives and perpetuals.

Can I earn rewards by using the dYdX exchange?

Yes, users who trade on margin or decentralized perpetual swaps on the dYdX exchange are eligible to earn retroactive rewards.

Can DYDX token holders participate in governance decisions?

Absolutely! DYDX token holders have the privilege of participating in governance decisions related to the dYdX exchange protocol through voting rights.

For more information, visit the dYdX official website.