dYdX

dYdX Price

ethdydx

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$0.640314
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+3.82%
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Last updated: 2025-03-15 22:00:51

Price Statistics

Market Cap
231.99M
24H Volume
10.90M
All-Time High
27.86
Circulating Supply
362.29M

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Price History (USD)

Live ETHDYDX Price Summary

As of Mar 15, 2025, the global cryptocurrency market cap is $231.99M with a +3.82% change in the last 24 hours. ETHDYDX's current price is $0.640314, with a 24-hour trading volume of $10.90M. ETHDYDX is +3.82% in the last 24 hours, with a circulating supply of 362.29M ETHDYDX coins and a maximum supply of 1.00B ETHDYDX coins. ETHDYDX ranks 243 by market cap. It has a 24H high of $0.643531 recorded on Mar 15, 2025, and its 24H low so far is $0.612153, recorded on Mar 15, 2025.

What Is the Highest Price of ETHDYDX?

ETHDYDX has an all-time high (ATH) of $27.86 , recorded on Sep 30, 2021.

What Is the Lowest Price of ETHDYDX?

ETHDYDX has an all-time low (ATL) of $0.510198, recorded on Mar 11, 2025.

About dYdX (ETHDYDX)

What Is dYdX?

dYdX is a decentralized exchange that uses smart contracts on the Ethereum blockchain. This exchange offers perpetual trading with no fees, and completes transactions without an intermediary. It stands apart by offering more than 20 times more buying power. In addition, it uses protocols for margin trading, options and governance. Since its launch, dYdX has served more than 64,000 traders with more than $11 billion in volume.

What Is DYDX?

DYDX is the protocol token of the dYdX exchange. It launched in 2021 on Ethereum. The dYdX coin serves as the basis for community governance. It also rewards liquidity mining activities, staking, safety staking and trading fees. DYDX can be earned through the protocols or by staking. It can also be purchased on exchanges like Bybit. Those who hold DYDX qualify for discounted trading fees. The amount of the discount is based on how many coins you hold.

Who Is the Founder of dYdX?

The dYdX exchange was founded in July 2017 by Antonio Juliano. Major investors include Bain Capital Ventures, DeFiance Capital, Polychain Capital and Delphi Digital. Altogether, the project has raised more than $87 million in funding.

Why Is DYDX Valuable?

The dYdX exchange is a decentralized platform that supports margin trading for major assets like BTC, DOT, SOL, ETH and others. Through its Layer 2 on StarkWare, trades are completed instantaneously and at a minimal cost. This exchange is widely preferred by crypto traders for perpetual trading because it’s permissionless, trustless and supports leverage. Some of its popularity is also rooted in the fact that it’s an alternative to Bitfinex, and BitMEX. 

DYDX Price and Tokenomics

One billion dYdX crypto coins have been minted. Over the five years following the launch in August 2021, the coins are being released in stages. The initial release included 50% to the community, 27% to past investors, 15% to founders and employees and the remaining amount to future consultants and employees. After the release of all coins, the community will decide if additional coins will be minted.

Of the 1 billion DYDX minted, 155.6 million coins are in circulation. The market cap is $374.24 million, and the current DYDX price as of April 2, 2023, is $2.44. This is a 1.22% decline over the last 24 hours.

According to WalletInvestor.com, the dYdX coin price is expected to drop by 10% by the end of 2023. In addition, there’s a chance that dYdX could crash over the next several years. WalletInvestor does not predict the price will reach $10 within the year.

On the other hand, PricePrediction.net offers a different price projection. By the end of 2023, it predicts that the DYDX price will be $2.91. This may increase to $6.51 by 2025 and $37.14 by 2030. The differences in these predictions express the considerable volatility of cryptocurrency prices.

How to Store DYDX

The dYdX crypto coin can be stored in several wallets, including Coinbase, Ledger and MetaMask. The preferred wallet must be linked to a dYdX trading account, and properly funded before trades can be placed. The actual trading experience will be based on whether the activity occurs on Layer 1 on Ethereum or Layer 2 on StarkWare.

How to Buy DYDX on Bybit

You can earn dYdX Coins through the exchange’s protocols, such as staking. To easily purchase tokens using fiat currency or other cryptocurrencies, you can use an exchange such as Bybit. 

First, sign up for a Bybit account if you don’t already have one established. This can be completed in a few easy steps via the Bybit website. As part of the account setup process, you must link a wallet. Ensure that you use one of the wallets that’s compatible with both dYdX and Bybit, such as MetaMask. When your wallet is funded, you can start placing orders on dYdX. You can also start trading the DYDX/USDT trading pair on Bybit Spot or Derivatives. 

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Frequently Asked Questions (FAQ)

How much is dYdX today?

As of Mar 15, 2025, the current trading price of dYdX (ETHDYDX) is $0.640314. Over the past 24 hours, the price has ranged between a low of $0.612153 and a high of $0.643531, accompanied by a trading volume of $10.90M. The overall market capitalization is $231.99M, positioning it at rank #243 among other cryptocurrencies.

How much is one dYdX ?

At this moment, one unit of dYdX is valued at $0.640314. Please note that due to market fluctuations, this price may vary throughout the day.

How to invest in dYdX ?

Investing in dYdX begins with comprehensive research into its market performance and potential risks. Start by reviewing its current price of $0.640314, along with its recent 24-hour trading range—from $0.612153 to $0.643531—and its overall market cap of $231.99M. To get started, create a Bybit account, complete Identity Verification Lv. 1, and then deposit funds either via fiat or by transferring another cryptocurrency. After your account is set up and funded, you can navigate to the Bybit trading interface where you can place an order for dYdX. Finally, consider transferring your coins to a secure wallet to ensure their safety.

Where to buy dYdX?

To purchase dYdX on Bybit. You can easily sign up, fund your Bybit account, and start trading, making it easy for both beginners and experienced traders to buy cryptocurrencies. Alternatively, you can just click on the buy/trade button above.

How to buy dYdX?

To buy dYdX on Bybit, start by signing up for an account on the Bybit platform and completing Identity Verification Lv. 1 to comply with KYC requirements. After your account is verified, deposit funds using your preferred method—Bybit supports both fiat deposits (depending on your region) and cryptocurrency transfers. With funds in your account, navigate to the trading section where you can search for dYdX (often listed under its symbol, ETHDYDX). You can then place an order—choosing either a market order for an immediate purchase at the current price of $0.640314 or a limit order if you prefer to set your own price. Once the order is executed, your dYdX will be credited to your Bybit wallet, where you can choose to keep them or transfer them to another secure wallet.

How to sell dYdX?

Selling dYdX on Bybit follows a process similar to buying. Begin by logging into your Bybit account and navigating to the trading interface. Locate dYdX within your portfolio or the market listings. When you are ready to sell, decide whether to use a market order for a quick sale at the prevailing price, or a limit order if you wish to set a specific selling price. Once your order is placed and executed, the funds from the sale will be available in your account. You can then choose to withdraw these funds to your bank account or convert them into another cryptocurrency, according to your investment strategy.

Is dYdX a good investment?

Determining if dYdX is a suitable investment depends on several factors, including your risk tolerance, market research, and long-term financial goals. With a current price of $0.640314 and a market capitalization of $231.99M (ranking it at #243), dYdX has demonstrated significant activity. Its 24-hour trading range—from $0.612153 to $0.643531—and historical performance, highlighted by an all-time high of $27.86 on Sep 30, 2021 and an all-time low of $0.510198 on Mar 11, 2025, provide valuable context. While these metrics are promising, it is essential to conduct your own research and consider professional financial advice to determine if this asset fits into your portfolio strategy.

How many dYdX are there?

Currently, there are 362.29M units of dYdX in circulation, with a maximum supply capped at 1.00B. These figures are important to consider when evaluating scarcity and potential market dynamics, and they can change over time due to network updates or new coin emissions.

Disclaimer

Investments in cryptocurrencies, including but not limited to purchasing dYdX and other digital assets through Bybit, carry significant market risk. Should the digital asset you are seeking not be currently available on Bybit, please be advised that it will be introduced in the near future. Bybit disclaims all liability for any results or outcomes of such investments. The information regarding pricing and other relevant data presented herein is derived from publicly available sources. This content does not reflect the official stance of Bybit and should not be construed as investment advice, a recommendation, or an offer to buy, sell, or hold any form of digital assets.

Investors are urged to thoroughly evaluate their financial capacity for trading or holding digital assets and are advised to seek consultation from qualified legal, tax, or investment professionals based on individual circumstances.

For comprehensive details, please review Bybit’s Terms of Service.

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