dYdX Trading 24.2% Higher Over Last Week (DYDX)

dYdX (DYDX) traded 12.7% higher against the U.S. dollar during the 24-hour period ending at 10:00 AM E.T. on December 4th. dYdX has a total market cap of $419.55 million and $109.24 million worth of dYdX was traded on exchanges in the last 24 hours. During the last week, dYdX has traded up 24.2% against the U.S. dollar. One dYdX token can now be bought for about $1.91 or 0.00001983 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• 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 down 2.2% 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.
• 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 up 2.2% against the dollar and now trades at $95,787.02 or 0.99438302 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.6% against the dollar and now trades at $95,638.52 or 0.99284141 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

dYdX Token Profile

dYdX’s launch date was August 3rd, 2021. dYdX’s total supply is 367,714,271 tokens and its circulating supply is 219,599,334 tokens. The Reddit community for dYdX is https://reddit.com/r/dydxprotocol and the currency’s Github account can be viewed here. The official website for dYdX is dydx.trade/?utm_source=cmc&utm_medium=media&utm_campaign=cmc-feed. dYdX’s official Twitter account is @dydx and its Facebook page is accessible here. dYdX’s official message board is dydx.forum.

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.”

dYdX Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as dYdX directly using U.S. dollars. Investors seeking to acquire dYdX should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase 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