dYdX Trading Up 16.8% This Week (DYDX)

dYdX (DYDX) traded 1.3% lower against the dollar during the 1 day period ending at 10:00 AM ET on November 26th. Over the last week, dYdX has traded 16.8% higher against the dollar. One dYdX token can currently be bought for $1.45 or 0.00001559 BTC on popular cryptocurrency exchanges. dYdX has a market cap of $319.51 million and approximately $86.71 million worth of dYdX was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 4% lower against the dollar and now trades at $92,582.58 or 0.99181793 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 5.5% lower against the dollar and now trades at $92,185.83 or 0.98756766 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

dYdX Profile

dYdX was first traded on August 3rd, 2021. dYdX’s total supply is 368,874,170 tokens and its circulating supply is 219,605,554 tokens. dYdX’s official Twitter account is @dydx and its Facebook page is accessible here. dYdX’s official message board is dydx.forum. The Reddit community for dYdX is https://reddit.com/r/dydxprotocol and the currency’s Github account can be viewed here. dYdX’s official website is dydx.trade/?utm_source=cmc&utm_medium=media&utm_campaign=cmc-feed.

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 possible to buy alternative cryptocurrencies such as dYdX directly using US dollars. Investors seeking to trade dYdX should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy dYdX using one of the exchanges listed above.

DYDX/USD price chart by TradingView