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dYdX (DYDX)

€ 0,58263

2,80 % € 0,01631
24h 1w 1m 1y All

dYdX Price in Euros

(DYDX to EUR)

€ 0,58263

dYdX Volume

(24h)

€ 91.96 M

Market Cap

(dYdX)

€411.56 M
BTC

What is dYdX

DYDX (dYdX) is a decentralized exchange, which as a layer-2 protocol is based on the security of Ethereum. The purpose here is to facilitate the operation of layer-2. Also, through the governance token dYdX, traders, liquidity providers and partners are enabled to contribute as a community to determine the future of the protocol.

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How does dYdX work?

dYdX is designed as an open-source platform with smart contract functionality, allowing users to borrow, lend and trade crypto assets. dYdX also supports spot trading, but the main focus of the platform is derivatives and margin trading.

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How to buy dYdX?

You can easily buy dYdX at Coinmerce, by selecting the coin in our list of coins, click on ‘Buy’ and pay with one of our many payment methods.

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How to buy dYdX?

Would you like to buy dYdX (DYDX)? You can buy dYdX using a credit card or SEPA at Coinmerce. Once you are logged in, you will see ‘Coins’ in the top menu. When you click on this button, you come to the page with all crypto coins that Coinmerce offers. If you don't see dYdX, use the search function to search for dYdX and click on the name. You can indicate the amount of euros you want to buy dYdX for in the right window. Below is shown how much dYdX tokens you get for this. If you have entered the desired amount you can click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy dYdX when the price of dYdX reaches your entered value. You can also execute a repeating order. Do you want to buy dYdX with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive dYdX.

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About dYdX

dYdX was founded by Antonio Juliano, an experienced programmer with a background in blockchain technology. He started in the crypto world in 2015 as a software engineer at Coinbase. He graduated in computer science from Princeton University and then founded dYdX in 2017 along with Zhuoxun Yin. The latter is Head of Operations at dYdX, having previously worked in marketing and consulting at Nimble and Bain & Company. Zhuoxun Yin graduated from the University of Queensland with a Bachelor's degree in commerce. Initially, dYdX began with lending, borrowing and margin trading on Etherum's layer-1, but after a few years it also offered cross-margin perpetual trading. This means that traders, who have deposited their assets with dYdX, can use this as collateral for their trading positions. The protocol was built using smart contracts and STARK, which are zero-knowledge rollups.

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Founder Antonio Juliano
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Founder
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Founder
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Founder
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Founded 2019
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Industry Financial Software
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Website Website
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Network Ethereum
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Location Germany
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Rank 85
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Market Cap 411.56 M
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Trading volume 91.96 M
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Maximum coins 1000 M
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Circulating 183.77 M
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Facebook Facebook
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Twitter Twitter
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