dYdX Price Reaches $1.44 on Exchanges (DYDX)

dYdX (DYDX) traded 6.4% higher against the U.S. dollar during the one day period ending at 11:00 AM Eastern on January 17th. One dYdX token can currently be bought for approximately $1.44 or 0.00001373 BTC on popular cryptocurrency exchanges. dYdX has a market cap of $309.84 million and approximately $44.46 million worth of dYdX was traded on exchanges in the last 24 hours. In the last seven days, dYdX has traded up 9.8% against the U.S. dollar.

Here is how similar cryptocurrencies have performed in 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 5.3% higher against the dollar and now trades at $104,382.70 or 0.99581759 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 5.2% against the dollar and now trades at $103,345.29 or 0.98592062 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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 354,471,055 tokens and its circulating supply is 215,329,829 tokens. dYdX’s official website is dydx.trade/?utm_source=cmc&utm_medium=media&utm_campaign=cmc-feed. The Reddit community for dYdX is https://reddit.com/r/dydxprotocol and the currency’s Github account can be viewed here. dYdX’s official Twitter account is @dydx and its Facebook page is accessible here. The official message board for dYdX 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 presently possible to purchase alternative cryptocurrencies such as dYdX directly using US dollars. Investors seeking to acquire dYdX should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase dYdX using one of the aforementioned exchanges.

DYDX/USD price chart by TradingView