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Market data as of 43 min. ago

dYdX

DYDX · Market cap rank 188

$0.1226▼ −1.2%

Price history

Last three years · Low $0.0803 · High $0.7146▼ −79.8%

Compare →

Key figures

Market cap
$103.7M
Fully diluted
$122.6M
24h volume
$2.93M
Circulating supply
846,094,216 DYDX
Total supply
958,342,962 DYDX
Max supply
1,000,000,000 DYDX
FDV to market cap
1.18×

Above 1 means supply is still being issued

Supply issued
84.6 %

Circulating share of the maximum

Listed since
Aug 3, 2021

Change

1h
▼ −0.0%
24h
▼ −1.2%
7d
▼ −12.6%
30d
▲ +14.3%

How this coin behaves

Measured from 437 days of daily closes. These describe what the price has done, not what it will do.

30-day volatility
0.9 %

Standard deviation of daily moves, annualised

Typical day
2.5 %

Median daily move over 90 days

Days closing higher
46 %

Over the last 365 days

Best day
▲ +31.5%

May 7, 2026

Worst day
▼ −20.7%

Jul 1, 2026

Deepest drawdown
▼ −89.2%

Aug 13, 2025 to Mar 8, 2026

Below its high
▼ −83.4%

High of $0.7402 on Aug 13, 2025

Correlation with BTC
0.58

Daily moves over 90 days, −1 to +1

Base rates and derivatives positioning

How often this coin has actually managed a move of a given size in 30 days, and how the perpetual market is positioned right now.

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Base rates turn a price target into a frequency: how often a move that size has happened before.

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Where it came from

Antonio Juliano, previously an engineer at Coinbase, founded dYdX in 2017. It became the largest decentralised derivatives venue while running on Ethereum, then in 2023 did something almost no protocol of that size has done: migrated off, onto its own purpose-built chain.

What it does

dYdX runs perpetual futures with an order book rather than a pooled formula, which is what professional traders expect. Moving to its own chain let the order book and matching run in the protocol itself instead of on a company's servers.

What moves the price

  • Perpetual trading volume, which produces the fees distributed to stakers.
  • Funding rates and open interest, which describe how the market is positioned and are the raw material this venue sells access to.
  • Staking on its own chain, which secures the network and receives a share of trading fees.
  • Regulatory treatment of derivatives venues, which is a sharper question for perpetuals than for spot trading.

A description of how this asset works, not advice about holding it. Figures above update with the market data; this text is reviewed by hand. Reviewed Sep 3, 2026

About dYdX

dYdX (DYDX) is a cryptocurrency launched in 2021and operates on the Osmosis platform. dYdX has a current supply of 958,342,962.317931 with 846,094,216.4335754 in circulation. The last known price of dYdX is 0.11853457 USD and is down -10.70 over the last 24 hours. It is currently trading on 301 active market(s) with $6,108,669.44 traded over the last 24 hours. More information can be found at https://dydx.trade/?utm_source=cmc&utm_medium=media&utm_campaign=cmc-feed.

Links

Prediction markets on dYdX

Open prediction markets whose question turns on dYdX. Prices update with the rest of the site.

No open prediction market mentions this coin right now. That is a statement about the market, not about the coin.

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AI scan

What is moving the dYdX price right now — researched with sources, not a price target.

Every scan uses one of your research credits.

Common questions

What is dYdX (DYDX)?

Antonio Juliano, previously an engineer at Coinbase, founded dYdX in 2017. It became the largest decentralised derivatives venue while running on Ethereum, then in 2023 did something almost no protocol of that size has done: migrated off, onto its own purpose-built chain. dYdX runs perpetual futures with an order book rather than a pooled formula, which is what professional traders expect. Moving to its own chain let the order book and matching run in the protocol itself instead of on a company's servers.

How volatile is dYdX?

Over the last 30 days, dYdX has an annualised volatility of 0.9 %. The median daily move across the last 90 days is 2.5 %. Both describe what the price has done, not what it will do.

What is the biggest drawdown dYdX has had?

Across the daily closes on file, the deepest peak-to-trough fall is 89 %, from 2025-08-13 to 2026-03-08. The highest close in that window is $0.7402 on 2025-08-13.

What moves the dYdX price?

Perpetual trading volume, which produces the fees distributed to stakers. Funding rates and open interest, which describe how the market is positioned and are the raw material this venue sells access to. Staking on its own chain, which secures the network and receives a share of trading fees. Regulatory treatment of derivatives venues, which is a sharper question for perpetuals than for spot trading.

What is the market cap of dYdX?

dYdX has a market capitalisation of $104 million, ranking 188th by market cap. The figure updates with the market data on this page.

Other coins in Layer 1 blockchains

Each of these has its own page with the same figures and history.

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