dYdX
Market Open
9 Jun, 18:10
€
0. 111680
-0.00735
-6.1749%
€
206,761 Volume
€ 0.11903
Previous Close Want to track DYDXEUR and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
DYDXEUR Overview
DYDXEUR denotes the market price of the dYdX token (DYDX) expressed in euros. The pair shows how many euros are required to purchase one DYDX and is used to quote and execute trades denominated in EUR across spot and margin venues.
dYdX is a cryptocurrency token issued for the dYdX protocol, a decentralized derivatives and margin trading platform whose core project was founded by Antonio Juliano in 2017. The DYDX token, launched in 2021 by dYdX Labs, functions as a utility and governance token on a blockchain-based Layer 2 network; it has a capped supply (1 billion tokens) and is used for protocol governance, staking incentives and fee mechanisms.
The DYDXEUR rate is determined by market supply and demand across centralized and decentralized exchanges, liquidity on order books, and trading flows. Price moves respond to investor sentiment, token unlocks or distribution schedules, on-chain activity and broader macro and crypto-market drivers such as risk appetite, regulatory developments and movements in major cryptocurrencies.
Traders and investors monitor DYDXEUR to gain euro-denominated exposure to the dYdX ecosystem, to participate in governance, and to pursue speculative or hedging strategies. Like many crypto assets, DYDX can exhibit elevated volatility and liquidity conditions vary by venue, affecting execution costs and short-term price behavior.
dYdX is a cryptocurrency token issued for the dYdX protocol, a decentralized derivatives and margin trading platform whose core project was founded by Antonio Juliano in 2017. The DYDX token, launched in 2021 by dYdX Labs, functions as a utility and governance token on a blockchain-based Layer 2 network; it has a capped supply (1 billion tokens) and is used for protocol governance, staking incentives and fee mechanisms.
The DYDXEUR rate is determined by market supply and demand across centralized and decentralized exchanges, liquidity on order books, and trading flows. Price moves respond to investor sentiment, token unlocks or distribution schedules, on-chain activity and broader macro and crypto-market drivers such as risk appetite, regulatory developments and movements in major cryptocurrencies.
Traders and investors monitor DYDXEUR to gain euro-denominated exposure to the dYdX ecosystem, to participate in governance, and to pursue speculative or hedging strategies. Like many crypto assets, DYDX can exhibit elevated volatility and liquidity conditions vary by venue, affecting execution costs and short-term price behavior.
DYDXEUR Chart
DYDXEUR FAQ
What is the current dYdX price?
The current price is €0.111680, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.00735 (-6.1749%), showing how much the asset has moved compared to the previous close.
What is the previous close for dYdX?
The previous close was €0.119030, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-6.1749%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest (€0.110000) and highest (€0.118010) prices traded during the selected period, helping assess volatility.
Why is dYdX (DYDX) moving today?
Price movements in dYdX are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price (€0.111680) is below the previous close (€0.119030), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for dYdX?
You can view real-time charts, price updates, and market data for dYdX (DYDX) directly on this page.
