Derivatives
$36.23M
Open interest (24h.)
$44.76M
Rank
34
Year
2023
Country
Cayman Islands
Leveraged pairs
78

dYdX Chain

Derivatives DEX
Derivatives
$36.23M
Open interest (24h.)
$44.76M

About

dYdX is a leading decentralized exchange that currently supports perpetual trading. It is a permissionless Cosmos SDK blockchain, governed by the DYDX token. The dYdX community voted in favor of launching the first-ever DYDX buyback program, reinforcing its long-term commitment to strengthen the DYDX token’s alignment with platform’s long-term growth and network security. Starting March 24, 2025, 25% of net protocol fees will be used to purchase DYDX from the open market every month, with active governance discussions considering an increase up to 100% over time. This initiative strengthens DYDX’s tokenomics by reducing circulating supply and aligning token holders with dYdX’s continued gro

24h change+291.4%
Derivatives · 24h change+291.4%
Leveraged pairs78
Trading volume
$36.23M +578.0%Oct 18, 2026 – Oct 20, 2026 UTC
$5.04M$41.70M

A new point is added about once an hour. There are 40 now. The line grows while the venue stays in the ranking.