dYdX Reaches Self Reported Market Capitalization of $39.86 Million (DYDX)

dYdX (DYDX) traded 3.4% lower against the U.S. dollar during the 1 day period ending at 11:00 AM ET on February 9th. During the last week, dYdX has traded down 22% against the U.S. dollar. One dYdX token can now be purchased for approximately $0.11 or 0.00000152 BTC on major cryptocurrency exchanges. dYdX has a market cap of $39.86 million and $5.33 million worth of dYdX was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 2.2% against the dollar and now trades at $69,346.06 or 0.99703092 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

dYdX Profile

dYdX was first traded on August 3rd, 2021. dYdX’s total supply is 1,000,000,000 tokens and its circulating supply is 377,821,714 tokens. The Reddit community for dYdX is https://reddit.com/r/dydxprotocol and the currency’s Github account can be viewed here. The official message board for dYdX is dydx.forum. dYdX’s official Twitter account is @dydx and its Facebook page is accessible here. The official website for dYdX is dydx.trade/?utm_source=cmc&utm_medium=media&utm_campaign=cmc-feed.

According to CryptoCompare, “dYdX is building an open platform for advanced cryptofinancial products, powered by the Ethereum blockchain.A “powerful and professional exchange for trading cryptoassets where users can truly own their trades and, eventually, the exchange itself.”dYdX (DYDX) is the exchange ERC20 token.”

dYdX Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as dYdX directly using US dollars. Investors seeking to trade dYdX should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy dYdX using one of the exchanges listed above.

DYDX/USD price chart by TradingView