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Exchange dYdX

If you're looking to swap dYdX, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is dYdX or some fresh information about dydx’s price movements. And, of course, we provide you with the multiple dYdX exchange options so that you can choose the offer with the best rates and lowest dYdX fees, as well as other parameters that suit you.

dYdX Price Stats

To help you make a decision about exchanging your dYdX, we gathered some cold hard numbers: dYdX price chart and other stats, such as dYdX market cap.
24H HIGH

$2.0955321

DYDX MARKET CAP

$2,056,735,100

CIRCULATING SUPPLY

1,000,000,000 DYDX

24H LOW

$1.8693792

DYDX PRICE

$2.0567351

24H VOLUME

$18,610,664.211

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dYdX Price Chart

Here you can see the current price of dYdX, as well as dYdX price history.

What is dYdX?

DYDX is a governance token of the dYdX community that allows users to govern the dYdX Layer 2 Protocol, to mine the rewards and participate in the staking pools, as well as receive trading discounts on its exchange. The token helps to maintain the communication between traders, liquidity providers, and partners. 

The main goal of the project is to build the fastest, cheapest, and most powerful decentralized exchange. dYdX platform has already over 60 000 unique users and has a value of around $11 billion in perpetuals and margins and more than $25 billion in flash transactions from dYdX Liquidity Pools. 

The total supply of dYdX is 1 billion tokens that are to be distributed in a period of 5 years. Out of this amount, 27.7% of the coins will go to the previously active investors. 15.27% tokens will be used to pay the official team members, including the founders, developers, advisers, etc. And 50% of all the tokens are reserved for the community members including liquidity providers, traders, stakeholders, and the users who achieved some milestones. 

The project recently partnered with StarkWare which applies its Layer 2 scalability engine for improving the non-custodial trading on dYdX exchange. For instance, the gas prices will be cut to zero, the minimum trade amount will be reduced to as low as possible and the fees will become much lower. Layer 2 scaling solutions in the form of Roll-Ups are made to offload the execution and thus free up an Ethereum layer. 

Another advantage of Layer 2 is fast withdrawals, so users don’t need to wait to get their funds. And at the same time, the update improved security and privacy by implementing zero-knowledge rollups. To start trading on the platform one only needs the deposit of $10.

A Simple Way To Exchange dYdX Here At SwapSpace

Step 1

Choose a pair

Choose the cryptocurrencies you would like to exchange among more than 800 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.

Step 2

Select the best rate

You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.

Step 3

Transfer funds

Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!

Step 4

Receive your coins

You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.

Frequently Asked Questions

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Popular Exchange Pairs With dYdX

Those cryptocurrencies are most frequently traded with dYdX at SwapSpace. Join our other customers in the “Exchange Pairs” section!
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