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How to Buy DYDX
Good news! You can buy DYDX on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy DYDX.
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About DYDX
dYdX protocol is a decentralized platform designed for perpetual trading and derivatives on blockchain networks. Built initially on Ethereum and later transitioning to its own dYdX Chain based on the Cosmos SDK, the protocol aims to provide users with fast, low-cost, and decentralized trading solutions.
Buy DYDXHappening now
AI generated 2h ago
COSMOSDYDX surged ↗230% in 24-hour trading volume since Monday morning, despite a ↘2% price drop.
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9/1/2025, 7:45:30 PM
Trading Insights
Searched
88
Market Stats
Market Cap
$460.68M
-2.4%
FDV
$592.34M
Circ. Supply
778M COSMOSDYDX
Max Supply
1B COSMOSDYDX
Total Supply
958M COSMOSDYDX
Diluted Valuation
$567.74M
Performance
Popularity
#119
Dominance
0.01%
Volume (24H)
$27.11M
271.94%
Volume (7D)
$103.37M
Volume (30D)
$742.86M
All time high
$4.15
Price Change (1Y)
-34.51%
Additional details
Market details
COSMOSDYDX vs markets
↘ 64.43%
COSMOSDYDX vs BTC
↘ 64.56%
COSMOSDYDX vs ETH
↘ 61.93%
Tags
decentralized-exchange-dex-token
layer-1
made-in-america
binance-listing
Network & Addresses
Network | Address | |
|---|---|---|
dYdX | NA | |
Osmosis | ibc/831F0B1BBB1D08A2B75311892876D71565478C532967545476DF4C2D7492E48C | |
Cosmos | ibc/831F0B1BBB1D08A2B75311892876D71565478C532967545476DF4C2D7492E48C |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.59 | ↘ 2.68% |
1 Day | $0.61 | ↘ 2.68% |
1 Week | $0.62 | ↘ 4.77% |
1 Month | $0.55 | ↗ 7.51% |
1 Year | $0.91 | ↘ 34.51% |
Coinbase insights
Happening now
AI generated 2h ago
COSMOSDYDX surged ↗230% in 24-hour trading volume since Monday morning, despite a ↘2% price drop.
Market Position
•
Ranks in top 10 Layer 1 assets with roughly 10% monthly gains
•
Weekly price down about 6%, underperforming IP's ↗30% increase
•
Remains roughly 85% below all-time high, unlike some Layer 1 peers
Recent trends
The latest COSMOSDYDX price is $0.59. Compared to DYDX's value of $0.61 from 24 hours ago, there's been a -3% decrease, while the current price is -5% down from $0.62 which was recorded one week ago. DYDX's all time high is $4.15, which was reached on March 13, 2024. This is a -86% change from its price today.
The current circulating supply of DYDX is 777,736,916. This is 78% of its max supply of 1,000,000,000 COSMOSDYDX and 81% of its total supply of 958,342,745. The market cap is currently $460.68M, which is a result of multiplying the current price of DYDX($0.59) by the total supply(958,342,745 COSMOSDYDX). The fully diluted valuation of DYDX is $592.34M. The diluted valuation of DYDX is $592.34M.
FAQ
dYdX (DYDX) is the native governance token of the dYdX protocol, a decentralized platform designed for perpetual trading and derivatives on blockchain networks. Built initially on Ethereum and later transitioning to its own dYdX Chain (v4) based on the Cosmos SDK, the protocol aims to provide users with fast, low-cost, and decentralized trading solutions. The DYDX token plays a crucial role in governing the protocol, allowing holders to participate in decision-making processes related to fee structures, staking, and protocol upgrades.
dYdX operates as a decentralized exchange (DEX) focusing on perpetual contracts and derivatives trading. In its v4 version, dYdX transitioned to a standalone Cosmos-based blockchain, enhancing scalability and reducing transaction costs. The DYDX token is used for staking, governance, and rewarding liquidity providers. Traders can access a wide range of markets with leverage, while validators and stakers help secure the network and process transactions. Governance proposals are voted on by DYDX token holders, giving the community control over the protocol's development.
dYdX offers several use cases in the decentralized finance (DeFi) space. Traders can use the platform for perpetual contracts and leverage trading without relying on centralized exchanges. DYDX tokens are used for governance, enabling holders to vote on protocol upgrades and policy changes. The token is also used for staking, which helps secure the network and provides rewards to stakers. Additionally, liquidity providers can earn rewards in DYDX for contributing to the platform's trading pools, making it a vital component of the dYdX ecosystem.
dYdX was founded by Antonio Juliano in 2017 as a decentralized platform for margin trading and derivatives. Initially built on Ethereum, the protocol launched its governance token, DYDX, in 2021 to decentralize control and incentivize participation. In 2023, dYdX v4 transitioned to a Cosmos-based blockchain to improve scalability and reduce transaction fees. Since its inception, dYdX has become one of the leading DeFi platforms for derivatives trading, with DYDX token holders playing an essential role in governing the protocol and shaping its future.
We update our DYDX to USD currency in real-time. Get the live price of DYDX on Coinbase.
The current market cap of DYDX is $460.68M. A high market cap implies that the asset is highly valued by the market.
The all-time high of DYDX is $4.15. This all-time high is highest price paid for DYDX since it was launched.
Over the last 24 hours, the trading volume of DYDX is $27.11M.
Assets that have a similar market cap to DYDX include Helium, Neo, ether.fi, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of DYDX is 778 million.
DYDX ranks 348 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Yes, DYDX is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy DYDX guide.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.