• Market Cap
  • 24 Hour Trading Vol
  • Fully Diluted Valuation
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DYDX is the governance token for the Layer 2 protocol of the non-custodial decentralized derivatives exchange
dYdX Converter
1 ETHDYDX = $1.4484
ETHDYDX Statistics
  • dYdX Price
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dYdX Price Chart (ETHDYDX)


About dYdX

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 work collectively towards an enhanced Protocol.

DYDX enables a robust ecosystem around governance, rewards, and staking — each designed to drive future growth and decentralization of dYdX, resulting in a better experience for users. 

Staking pools are designed to promote liquidity and safety on the Protocol. Rewards programs for trading, liquidity providing, and past usage of dYdX will help drive growth and adoption of dYdX.

Alongside the launch of DYDX, we also released:

A governance product at dydx.communityLiquidity Staking Pool for USDCSafety Staking Pool for DYDXTrading RewardsRetroactive Mining Rewards for past usersLiquidity Provider Rewards

dYdX on-chain governance allows for:

Voting on proposals to be executed by any authorized executor contractSnapshotting token holdings at the start of a proposalSeparate delegation of voting and proposing powersSetting governance thresholds including proposals, quorums, and vote differential powersChanging how votes are counted (by changing the “Governance Strategy” smart contract address on the Governor contract)
dYdX Markets
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