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The dYdX price is $2.47, a change of 1.78% over the past 24 hours as of 10:42 a.m. The recent price action in dYdX left the tokens market capitalization at $2,466,437,155.55. So far this year, dYdX has a change of 123.45%. dYdX is classified as a N/A under CoinDesks Digital Asset Classification Standard (DACS).
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CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN – with up to six decimal places of accuracy. Conversion rates are based on CoinDesk’s Bitcoin Price Index and the price indices of other digital assets. World currency prices are based on rates obtained via Open Exchange Rates.
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The token unlock, which will take place on Feb. 2, will release 150 million coins worth about $200 million and 15% of the total supply.
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Decentralized exchange dYdX was one the first to experiment with an innovative layer 2 solution.
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Supposedly censorship-resistant decentralized finance (DeFi) rails see increased activity in the wake of China’s crypto crackdown.
Diving in deeper on cryptocurrency.
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