dYdX Reaches Self Reported Market Capitalization of $197.20 Million (DYDX)

dYdX (DYDX) traded 2.1% higher against the U.S. dollar during the 24 hour period ending at 8:00 AM Eastern on June 14th. Over the last seven days, dYdX has traded 3.3% lower against the U.S. dollar. dYdX has a market cap of $197.20 million and $17.43 million worth of dYdX was traded on exchanges in the last day. One dYdX token can now be purchased for approximately $0.52 or 0.00000496 BTC on exchanges.

Here’s how related cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Central African Republic Meme (CAR) traded down 7.5% against the dollar and now trades at $0.0367 or 0.00000035 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.1% higher against the dollar and now trades at $104,977.50 or 0.99854151 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.5% lower against the dollar and now trades at $104,849.52 or 0.99838602 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About dYdX

dYdX’s genesis date was August 3rd, 2021. dYdX’s total supply is 1,000,000,000 tokens and its circulating supply is 377,821,714 tokens. dYdX’s official Twitter account is @dydx and its Facebook page is accessible here. dYdX’s official message board is dydx.forum. The Reddit community for dYdX is https://reddit.com/r/dydxprotocol and the currency’s Github account can be viewed here. dYdX’s official website is dydx.trade/?utm_source=cmc&utm_medium=media&utm_campaign=cmc-feed.

According to CryptoCompare, “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.”

Buying and Selling dYdX

It is usually not presently possible to purchase alternative cryptocurrencies such as dYdX directly using U.S. dollars. Investors seeking to trade dYdX should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase dYdX using one of the exchanges listed above.

DYDX/USD price chart by TradingView