- Last Price0.53
- Turnover (24h)1.42M
- All-Time High27.86
- Total Supply891.98M
- Fully Diluted Market Cap475.07M
- Ranking1072
- Market Cap23.37M
- All-Time Low0.49
- Circulating Supply43.89M
What is DYDX
Learned by 2.3k usersPublished on 2024.03.29Last updated on 2025.04.02
0.53
-1.32%
Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.
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1. Project Introduction
dYdX (DYDX) is a decentralized derivatives exchange offering a wide range of essential financial tools such as perpetual contracts, margin trading, spot trading, and lending services. Unlike the commonly used automated market maker (AMM) model, dYdX uses a traditional order book model, combining off-chain order books with on-chain settlements to provide users with a flexible trading experience. Users can short tokens, leverage positions to increase risk exposure, or deposit tokens to earn interest for profit.
Summary: dYdX focuses on decentralized derivatives trading, especially in the perpetual futures contract space. The platform eliminates traditional financial intermediaries and offers a transparent, secure, and efficient trading experience.
2. Team & Investment Info
dYdX was founded in July 2017 by Antonio Julianno, who serves as the CEO. He has a strong technical background, having worked as a software developer at Coinbase, Uber, and MongoDB. Arthur Cheong, chairman of the dYdX Foundation, is the founder and CEO of DeFiance Capital and has extensive experience in the cryptocurrency investment field. Charles d'Haussy is the new CEO of dYdX, previously holding leadership positions at ConsenSys and Hong Kong's fintech department.
Funding:
dYdX has completed at least four funding rounds, raising a total of $87 million. The seed round in 2017 raised $2 million, with key investors including a16z and Polychain Capital. The Series A in 2018 raised $10 million. In 2021, the Series B and C rounds raised $10 million and $65 million, respectively, led by Paradigm, Three Arrows Capital, and DeFiance Capital.
3. Social Media URLs
X: https://x.com/dYdX
YouTube: https://www.youtube.com/c/dYdXprotocol
Discord: https://discord.com/invite/dydx
Reddit: https://www.reddit.com/r/dydxprotocol
4. Token Info
Token Symbol: DYDX
Total Supply: 1,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x92D6C1e31e14520e676a687F0a93788B716BEff5
Token Distribution:
Community: 50%
Team and Advisors: 27.73% (4-year vesting period)
Investors: 15.27% (4-year vesting period)
dYdX Foundation: 7%
5. Related Links
Official Website: https://dydx.exchange/
GitHub: https://github.com/dydxprotocol
LinkedIn: https://linkedin.com/company/dydx
Other Info: https://docs.dydx.community/dydx-token-migration
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How to Buy DYDX
Welcome to HTX.com! We've made purchasing dYdX (DYDX) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy dYdX (DYDX) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your dYdX (DYDX)After purchasing your dYdX (DYDX), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade dYdX (DYDX)Easily trade dYdX (DYDX) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.
768 Total ViewsPublished 2024.03.29Updated 2025.04.02
What is DYDX
1. Project IntroductiondYdX (DYDX) is a decentralized derivatives exchange offering a wide range of essential financial tools such as perpetual contracts, margin trading, spot trading, and lending services. Unlike the commonly used automated market maker (AMM) model, dYdX uses a traditional order book model, combining off-chain order books with on-chain settlements to provide users with a flexible trading experience. Users can short tokens, leverage positions to increase risk exposure, or deposit tokens to earn interest for profit.Summary: dYdX focuses on decentralized derivatives trading, especially in the perpetual futures contract space. The platform eliminates traditional financial intermediaries and offers a transparent, secure, and efficient trading experience.2. Team & Investment InfodYdX was founded in July 2017 by Antonio Julianno, who serves as the CEO. He has a strong technical background, having worked as a software developer at Coinbase, Uber, and MongoDB. Arthur Cheong, chairman of the dYdX Foundation, is the founder and CEO of DeFiance Capital and has extensive experience in the cryptocurrency investment field. Charles d'Haussy is the new CEO of dYdX, previously holding leadership positions at ConsenSys and Hong Kong's fintech department.Funding:dYdX has completed at least four funding rounds, raising a total of $87 million. The seed round in 2017 raised $2 million, with key investors including a16z and Polychain Capital. The Series A in 2018 raised $10 million. In 2021, the Series B and C rounds raised $10 million and $65 million, respectively, led by Paradigm, Three Arrows Capital, and DeFiance Capital.3. Social Media URLsX: https://x.com/dYdXYouTube: https://www.youtube.com/c/dYdXprotocolDiscord: https://discord.com/invite/dydxReddit: https://www.reddit.com/r/dydxprotocol4. Token InfoToken Symbol: DYDXTotal Supply: 1,000,000,000Token Type: ERC-20Issuance/Burn Mechanism: Fixed supplyContract Address: 0x92D6C1e31e14520e676a687F0a93788B716BEff5Token Distribution: Community: 50%Team and Advisors: 27.73% (4-year vesting period)Investors: 15.27% (4-year vesting period)dYdX Foundation: 7%5. Related LinksOfficial Website: https://dydx.exchange/GitHub: https://github.com/dydxprotocolLinkedIn: https://linkedin.com/company/dydxOther Info: https://docs.dydx.community/dydx-token-migration
2.3k Total ViewsPublished 2024.03.29Updated 2025.04.02
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