DYDX empowers dYdX's community governance with staking, rewards, and voting, fostering decentralization and growth.
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DYDX is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol ("the protocol"). By enabling shared control of the protocol, DYDX allows traders, liquidity providers, and partners of dYdX to collaborate towards an improved Protocol. DYDX fosters a strong ecosystem centered around governance, rewards, and staking — each aimed at driving future growth and decentralization of dYdX, enhancing the user experience. Staking pools are created to support liquidity and security on the Protocol. Rewards programs for trading, providing liquidity, and previous usage of dYdX are designed to promote growth and adoption. Alongside the launch of DYDX, we also introduced: a governance platform at dydx.community, a liquidity staking pool for USDX, a safety staking pool fo...
As of now, dYdX is trading at 0.737954 USD, with a 24-hour trading volume of approximately 0 USD. The ETHDYDX to USD price is updated in real time. Over the past 24 hours, dYdX has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 331.71M USD. Currently, there are 449 497 918 ETHDYDX in circulation out of a maximum supply of 449 497 918 ETHDYDX.
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