dYdX
Market Open
9 Jun, 18:39
$
0. 129500
-0.0075
-5.4745%
$
744,623 Volume
$ 0.137
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DYDXUSD Overview
DYDXUSD represents the market price of one unit of dYdX (DYDX) expressed in United States dollars. It tracks the fiat value of the DYDX token across trading venues and is the reference used by traders and investors to buy, sell or value their holdings in USD terms.
dYdX (DYDX) is an ERC‑20 cryptocurrency token introduced in August 2021 and associated with the dYdX decentralized derivatives protocol. The project was founded by Antonio Juliano and is built to support governance, incentives and utility functions for the protocol. DYDX is blockchain‑based, non‑custodial in usage within the ecosystem and has a capped total supply of 1,000,000,000 tokens, a portion of which was distributed through allocations, airdrops and emissions.
The DYDXUSD price is formed by supply and demand dynamics across centralized exchanges and decentralized venues, influenced by trading volumes, liquidity provision, on‑chain activity and broader market sentiment. Protocol developments, token emission schedules, macroeconomic factors and regulatory news can all shift order flow and affect the quoted USD price.
DYDXUSD is relevant for market participants who trade or hedge exposure to DeFi derivatives, participate in governance or capture protocol incentives. It functions both as a speculative asset and as a utility token within the dYdX ecosystem.
As with many crypto assets, DYDXUSD can exhibit significant volatility and liquidity varies by exchange; traders should consider spreads and potential slippage when executing larger orders.
dYdX (DYDX) is an ERC‑20 cryptocurrency token introduced in August 2021 and associated with the dYdX decentralized derivatives protocol. The project was founded by Antonio Juliano and is built to support governance, incentives and utility functions for the protocol. DYDX is blockchain‑based, non‑custodial in usage within the ecosystem and has a capped total supply of 1,000,000,000 tokens, a portion of which was distributed through allocations, airdrops and emissions.
The DYDXUSD price is formed by supply and demand dynamics across centralized exchanges and decentralized venues, influenced by trading volumes, liquidity provision, on‑chain activity and broader market sentiment. Protocol developments, token emission schedules, macroeconomic factors and regulatory news can all shift order flow and affect the quoted USD price.
DYDXUSD is relevant for market participants who trade or hedge exposure to DeFi derivatives, participate in governance or capture protocol incentives. It functions both as a speculative asset and as a utility token within the dYdX ecosystem.
As with many crypto assets, DYDXUSD can exhibit significant volatility and liquidity varies by exchange; traders should consider spreads and potential slippage when executing larger orders.
DYDXUSD Chart
DYDX falls 12%, but THIS demand zone could spark a rebound
One demand zone now holds the key to DYDX's next move.
Ambcrypto | 6 days ago
DYDX's next target – Here's why channel resistance is the final test for traders!
DYDX is in an interesting position right now.
Ambcrypto | 1 week ago
DYDX up 18% as supply shrinks: Can price break past $0.16?
Assessing if DYDX can continue rallying higher.
Ambcrypto | 1 month ago
DYDXUSD FAQ
What is the current dYdX price?
The current price is $0.129500, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.0075 (-5.4745%), showing how much the asset has moved compared to the previous close.
What is the previous close for dYdX?
The previous close was $0.137000, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-5.4745%) 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 ($0.127050) and highest ($0.137140) 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 ($0.129500) is below the previous close ($0.137000), 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.
