dYdX (DYDX) banner


dYdX is an decentralized derivatives exchange that operates on a Starkware Layer 2 ZK-Rollup, offering a variety of margin trading and perpetual options.

dYdX is a decentralized exchange built on the Ethereum layer 2 system, StarkWare, incorporating zero-knowledge proofs (ZK) for enhanced security, decentralization, and privacy.

Perpetual trading is the core feature of dYdX, enabling users to participate in open markets using non-expiring contracts. In contrast to other DEXs like Uniswap, dYdX does not rely on Automated Market Makers for trading. Instead, it employs a traditional orderbook + matching model, catering to the requirements of institutional traders.

This unique approach allows investors to maintain their buy or sell positions for an unlimited duration until specific trade conditions are met. With perpetual trading on dYdX, users can enjoy greater flexibility and strategic decision-making in their trading activities.
Layer 2DeFiDEXAMMDerivatives

Current price


Market cap

Trading volume 24h

Fully diluted market cap

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All time low price


Token supply

57.66M DYDX (5.77%)
1B DYDX (100%)
629.22M DYDX (62.92%)
385.87M DYDX (38.59%)