AD
Market Cap (Mcap)
Rank
#129Mcap
$655.78MFully Diluted Mcap
$1.09BSupply
Circulating
311,080,074Total
1,000,000,000Created On
N/AAll Time High (ATH)
ATH
$27.86ATH Change
-92.44%ATH Date
Sep 30th, 2021Total Value Locked (TVL)
TVL
$327.43MMCap to TVL Ratio
2FDV to TVL Ratio
3.32
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Weekly Reports: A Deep Dive into Crypto and NFT alphas
If you're looking to keep up with the fast-moving world of crypto and NFTs, The Alpha Report has got you covered.
Our weekly updates are put together by folks deep in the crypto scene, giving you a clear picture of what's happening without overwhelming you.
Our weekly updates are put together by folks deep in the crypto scene, giving you a clear picture of what's happening without overwhelming you.
To Watch This Week
AIRDROPS + ALPHAdYdX News
Oct 27, 2023
DeFi
New dYdX Chain Denominates Trading Fees in USDC
After finally launching its highly anticipated blockchain yesterday, dYdX is now trotting a unique new tokenomics scheme. Perhaps the most notable change will be that trading fees on the decentralized derivatives platform will now be denominated in the dollar-pegged stablecoin USD Coin as well as DYDX, giving validators the choice between the two. Maintained and minted by Circle, USDC is a cryptocurrency that tracks the price of the U.S. dollar and purports that every token is backed by a dollar...
Oct 24, 2023
DeFi
dYdX Releases Cosmos-Based Chain Source Code Ahead of Mainnet Launch
dYdX Trading, the U.S.-based firm developing the decentralized derivatives exchange dYdX, has released the open-source code for its independent blockchain to the public. Today’s launch marks the initiation of dYdX Chain, a new upgraded version (dYdX V4) of the popular derivatives exchange. dYdX Trading Founder and CEO Antonio Juliano said in a statement that, “With the dYdX Chain, dYdX brings transparency and security to derivatives trading with an exchange that is run solely by code, and contro...
Aug 24, 2023
Coins
DeFi Exchange Token Powering dYdX Soars 9% Overnight
Decentralized derivatives exchange dYdX (DYDX) led gains over the last 24 hours among the 100 cryptocurrencies by market cap, per CoinGecko data. The governance token rose by 9% overnight; it last traded at $2.18. dYdX is a popular decentralized derivatives exchange, boasting more than $589 million in 24-hour volume. Its gains come ahead of the project’s soon-to-be launched Cosmos-based blockchain, as well as a broader market uptrend on Wednesday. The platform is nearing the mainnet launch of i...
Mar 27, 2023
DeFi
dYdX Reveals Launch Date for Move From Ethereum to Cosmos
dYdX announced the launch of its V4 private testnet this Tuesday, taking a significant step that will see the decentralized derivatives exchange (DEX) leave Ethereum. By the end of September, the platform will be fully running on Cosmos. The network allows developer teams to spin up their own native blockchains using the Cosmos Software Development Kit (SDK) according to their own preferences. Though distinct, each independent Cosmos-based blockchain can interact with one another. The private te...