Question 1

What is dYdX?

Accepted Answer

dYdX is a decentralised trading platform at the forefront of DeFi, renowned for introducing decentralised margin trading and derivatives, as well as pioneering flash loans and DEX aggregation in 2018. Built on a custom Layer-1 blockchain using the Cosmos SDK, dYdX delivers a professional-grade, fully decentralised trading experience featuring high leverage, deep liquidity, and low fees. Governed by the DYDX token, the platform is dedicated to creating a transparent, community-driven financial system. In November 2024, dYdX Unlimited launched, introducing instant market listings, the MegaVault liquidity engine, upgraded trading rewards, and lifetime affiliate commissions, setting new standards in decentralised trading.

Question 2

Who created dYdX?

Accepted Answer

dYdX was created by its founding team and developers. For detailed information about the project's origins and team, please refer to the official documentation and whitepaper.

Question 3

How do I buy dYdX?

Accepted Answer

You can buy dYdX on various cryptocurrency exchanges. First, create an account on a reputable exchange, complete the verification process, deposit funds, and then place an order for dYdX.

Question 4

Is dYdX a good investment?

Accepted Answer

The value of dYdX, like all cryptocurrencies, can be volatile. Before investing, research thoroughly, understand the risks, and never invest more than you can afford to lose. Consider consulting a financial advisor.

Question 5

How do I store dYdX?

Accepted Answer

You can store dYdX in cryptocurrency wallets. Options include hardware wallets (most secure for long-term storage), software wallets, and exchange wallets. Always backup your wallet and keep your private keys secure.

Question 6

What makes dYdX unique?

Accepted Answer

dYdX has unique features and technology that differentiate it from other cryptocurrencies. These may include its consensus mechanism, transaction speed, scalability solutions, or specific use cases within its ecosystem.

Question 7

What is the current price of dYdX?

Accepted Answer

The current price of dYdX is displayed at the top of this page and updates in real-time. You can also view historical price charts and market data including 24-hour trading volume and market capitalization.

Question 8

How is the dYdX network secured?

Accepted Answer

The dYdX network is secured through its consensus mechanism, which may include Proof of Work, Proof of Stake, or other validation methods. This ensures transaction integrity and prevents double-spending.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	DYDX-USDT DYDXUSDT	binance	AA	0.1203USDT	-1.23%	6,048,688.02DYDX	13,321	0.1218USDT	0.1226USDT
2	DYDX-USDT DYDX-USDT	okex	A	0.1203USDT	-1.17%	4,832,629.73DYDX	13,717	0.1217USDT	0.1227USDT
3	DYDX-USDT DYDX_USDT	whitebit	BB	0.1204USDT	-1.15%	4,469,842.62DYDX	27,356	0.1218USDT	0.1227USDT
4	DYDX-USDT DYDXUSDT	bybit	A	0.1203USDT	-1.26%	1,072,814.70DYDX	2,272	0.1218USDT	0.1227USDT
5	DYDX-USD DYDXUSD	kraken	AA	0.1201USD	-1.73%	1,036,310.28DYDX	366	0.1222USD	0.1409USD
6	DYDX-USDC DYDXUSDC	binance	AA	0.1202USDC	-1.31%	713,537.85DYDX	911	0.1218USDC	0.1226USDC
7	DYDX-USDC DYDX_USDC	whitebit	BB	0.1201USDC	-1.43%	679,508.61DYDX	1,330	0.1218USDC	0.1226USDC
8	DYDX-TRY DYDXTRY	binance	AA	5.83TRY	-1.44%	413,109.75DYDX	961	5.92TRY	5.93TRY
9	DYDX-USDT DYDX-USDT	kucoin	BB	0.1203USDT	-1.31%	385,789.53DYDX	820	0.1219USDT	0.1225USDT
10	DYDX-USDT DYDX_USDT	gateio	A	0.1203USDT	-1.24%	370,826.00DYDX	1,471	0.1218USDT	0.1226USDT
11	DYDX-EUR DYDX_EUR	whitebit	BB	0.1034EUR	-1.39%	271,402.88DYDX	799	0.1048EUR	0.1054EUR
12	DYDX-EUR DYDXEUR	kraken	AA	0.1032EUR	-1.83%	217,448.92DYDX	129	0.1051EUR	0.1054EUR
13	DYDX-USDT DYDXUSDT_SPBL	bitget	BB	0.1202USDT	-1.31%	179,326.95DYDX	818	0.1218USDT	0.1224USDT
14	DYDX-USD COSMOSDYDX-USD	coinbase	AA	0.1204USD	-1.31%	77,757.62DYDX	136	0.1220USD	0.1228USD
15	DYDX-USDC DYDX-USDC	okex	A	0.1207USDC	-0.93%	59,632.58DYDX	73	0.1218USDC	0.1218USDC
16	DYDX-USD DYDX_USD	cryptodotcom	AA	0.1189USD	-4.50%	36,195.80DYDX	39	0.1245USD	0.1245USD
17	DYDX-USD DYDX-USD	okex	A	0.1193USD	-1.90%	12,468.79DYDX	27	0.1216USD	0.1219USD
18	DYDX-USDC DYDXUSDC	bybit	A	0.1182USDC	-4.31%	8,659.50DYDX	12	0.1235USDC	0.1235USDC
19	DYDX-USDT DYDX_USDT	cryptodotcom	AA	0.1181USDT	-6.05%	3,443.00DYDX	7	0.1257USDT	0.1257USDT
20	DYDX-EUR DYDX-EUR	okex	A	0.1033EUR	-2.71%	2,301.36DYDX	7	0.1062EUR	0.1062EUR
21	DYDX-EUR DYDXEUR	cexio	BB	0.1046EUR	-2.10%	208.76DYDX	1	0.1068EUR	0.1068EUR
22	DYDX-USDT DYDXUSDT	cexio	BB	0.1211USDT	-1.13%	196.48DYDX	1	0.1225USDT	0.1225USDT
23	DYDX-USD DYDXUSD	cexio	BB	0.1209USD	-0.73%	184.20DYDX	1	0.1218USD	0.1218USD
24	DYDX-USDC DYDXUSDC	cexio	BB	0.1216USDC	-2.15%	171.92DYDX	1	0.1243USDC	0.1243USDC
25	DYDX-USDT DYDXUSDT	bitrue	D	0.1200USDT	-1.64%	2,981,150.57DYDX	7,212	0.1220USDT	0.1220USDT
26	DYDX-USDT sDYDXUSDT	phemex	C	0.1203USDT	-1.23%	2,907,195.83DYDX	8,688	0.1218USDT	0.1228USDT
27	DYDX-USDT dydx_usdt	lbank	C	0.1203USDT	-1.35%	1,984,922.17DYDX	2,786	0.1220USDT	0.1226USDT
28	DYDX-USDT dydx_usdt	xtpub	-	0.1203USDT	-1.23%	1,926,443.21DYDX	11,163	0.1218USDT	0.1227USDT
29	DYDX-USDT dydxusdt	huobipro	C	0.1203USDT	-1.31%	1,822,878.23DYDX	3,870	0.1219USDT	0.1226USDT
30	DYDX-USDT DYDX_USDT	coinw	-	0.1203USDT	-1.34%	1,729,102.64DYDX	3,106	0.1219USDT	0.1225USDT
31	DYDX-USDC DYDXUSDC	bitrue	D	0.1210USDC	-1.63%	1,342,214.35DYDX	37,162	0.1230USDC	0.1240USDC
32	DYDX-USDT DYDXUSDT	toobit	C	0.1203USDT	-1.19%	1,215,015.35DYDX	6,407	0.1218USDT	0.1226USDT
33	DYDX-USDT DYDXUSDT	mexc	C	0.1204USDT	-1.17%	787,447.14DYDX	4,079	0.1218USDT	0.1226USDT
34	DYDX-KRW DYDX_KRW	bithumbkorea	-	163.00KRW	-1.21%	748,569.07DYDX	395	165.00KRW	166.00KRW
35	DYDX-USDT DYDX_USDT	bitunix	C	0.1203USDT	-1.16%	612,069.79DYDX	8,054	0.1217USDT	0.1226USDT
36	DYDX-USDT DYDX_USDT	bydfi	-	0.1203USDT	-1.23%	580,349.86DYDX	2,811	0.1218USDT	0.1226USDT
37	DYDX-USDC DYDXUSDC	mexc	C	0.1203USDC	-1.39%	483,007.41DYDX	3,045	0.1220USDC	0.1226USDC
38	DYDX-USDT DYDX-USDT	bingx	D	0.1203USDT	-1.21%	402,032.73DYDX	6,647	0.1218USDT	0.1226USDT
39	DYDX-EUR DYDXEUR	bit2me	B	0.1032EUR	-1.83%	217,448.92DYDX	129	0.1051EUR	0.1054EUR
40	DYDX-USDT DYDXUSDT	coinex	C	0.1202USDT	-1.42%	183,427.68DYDX	8,610	0.1219USDT	0.1225USDT
41	DYDX-USDT DYDXUSDT	hitbtc	E	0.1203USDT	-1.55%	165,036.15DYDX	408	0.1222USDT	0.1225USDT
42	DYDX-USDT DYDXUSDT	bequant	C	0.1203USDT	-1.55%	165,036.15DYDX	408	0.1222USDT	0.1225USDT
43	DYDX-USDT dydx_usdt	digifinex	D	0.1204USDT	-1.31%	156,023.19DYDX	3,397	0.1220USDT	0.1227USDT
44	DYDX-USDT DYDX-USDT	bigone	-	0.1204USDT	-1.07%	131,085.80DYDX	3,312	0.1217USDT	0.1226USDT
45	DYDX-EUR DYDX-EUR	bitvavo	B	0.1031EUR	-1.79%	104,652.97DYDX	76	0.1050EUR	0.1051EUR
46	DYDX-USDC DYDXUSDC	coinex	C	0.1203USDC	-1.53%	18,158.85DYDX	1,531	0.1221USDC	0.1227USDC
47	DYDX-BTC DYDXBTC	coinex	C	0.0₅1529BTC	-1.53%	17,435.48DYDX	1,526	0.0₅1553BTC	0.0₅1556BTC
48	DYDX-INR DYDXINR	coindcx	-	11.70INR	-6.47%	9,728.44DYDX	41	12.51INR	12.51INR
49	DYDX-THB THB_DYDX	bitkub	C	3.92THB	-2.73%	3,978.54DYDX	13	4.03THB	4.03THB
50	DYDX-KRW dydx_krw	korbit	C	149.20KRW	0.00%	0DYDX	0	149.20KRW	149.20KRW

dYdX

dYdXDYDX

DYDX