Key Metrics
Fees (Annualized)$8.98m
Fees 30d$228,564
dYdX$228,564
Fees 7d$57,433
dYdX$57,433
Fees 24h$4,243
dYdX$4,243
Cumulative Fees$98.04m
dYdX$63.61m
Ethereum$34.43m
Revenue (Annualized)$8.98m
Revenue 30d$228,564
dYdX$228,564
Revenue 7d$57,433
dYdX$57,433
Revenue 24h$4,243
dYdX$4,243
Cumulative Revenue$98.04m
dYdX$63.61m
Ethereum$34.43m
Holders Revenue (Annualized)$8.98m
Holders Revenue 30d$228,564
dYdX$228,564
Holders Revenue 7d$57,433
dYdX$57,433
Holders Revenue 24h$4,243
dYdX$4,243
Cumulative Holders Revenue$63.61m
dYdX$63.61m
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$8.98m
$228,564
$57,433
$4,243
$98.04m
Perp Volume 30d$2.198b
Perp Volume 30d by chain
dYdX$2.198b
Perp Volume 7d$253.53m
dYdX$253.53m
Perp Volume 24h$14.76m
dYdX$14.76m
Cumulative Perp Volume$1.584t
Ethereum$1.211t
dYdX$373.854b
$38.91m
Market Cap$107.26m
$DYDX Price$0.13
$121.13m
$125.65m
$DYDX Volume 24h$3.41m
CEX Volume$2.51m
DEX Volume$773,335(22.68% of total)
$DYDX Liquidity$197,749
SushiSwap$101,605
Uniswap V3$67,366
Osmosis DEX$28,778
Treasury$85.24
$0
Stablecoins$0
Own Tokens$85.24
Others$0
Total Raised$87m
Dec 19, 2017$2mRound: SeedInvestors: 1Confirmation, a16z, Abstract Ventures, Avichal Garg, Brian Armstrong, Caffeinated Capital, Christopher Golda, David King, Elad Gil, Fred Ehrsam, Jack Herrick, Kindred Ventures, Polychain, Scott Belsky
Oct 19, 2018$10mRound: Series AInvestors: 1Confirmation, a16z crypto, Abstract Ventures, Bain Capital Crypto, Dragonfly Capital, Craft Ventures, Kindred Ventures, Naval Ravikant, Polychain, VY Capital
Jan 26, 2021$10mRound: Series BInvestors: a16z, DeFiance Capital, GSR, Hashed, Polychain Capital, RockTree Capital, Scalar Capital, The Spartan Group, 3AC, Wintermute Trading
Jun 15, 2021$65mRound: Series C
Protocol Information
The most powerful open trading platform for crypto assets. Margin trade, borrow, and lend cryptocurrency.
Category:Derivatives
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
Perp Volume: Notional volume of all trades including leverage on the perp exchange
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Hacks
Date: Nov 18, 2023
Protocol: dYdX V3
Amount: $9m
Classification: Protocol Logic
Technique: Price Manipulation Attack
Chains: Ethereum
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is dYdX?
The most powerful open trading platform for crypto assets. Margin trade, borrow, and lend cryptocurrency.
What is dYdX's TVL?
dYdX currently has $121.28m in total value locked. TVL has decreased 10.2% over the past 30 days.
What chains does dYdX operate on?
dYdX operates on 2 chains: Ethereum and dYdX. dYdX holds the largest share at 68.7%.
How much has dYdX generated in fees and revenue?
Over the past 30 days, dYdX generated $228,564 in fees. Of that, $228,564 was protocol revenue. Based on the trailing year, the annualized rate is $8.98m in fees and $8.98m in revenue.
What is the DYDX token price and valuation?
DYDX is currently trading at $0.13. Its circulating market capitalization is $106.53m, ranking it #348. Its fully diluted valuation is $120.3m. Supply currently stands at 848.61m circulating, 958.34m total supply, 1b maximum supply.
How has DYDX performed recently?
DYDX is up 4% over the past 7 days and down 7.6% over the past 30 days. Its all-time high is $4.52, reached on March 7, 2024. The token is currently 97.2% below that level.
How does dYdX's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, dYdX ranks #5 by TVL. The category holds $2.012b across 368 protocols, and dYdX accounts for 6% of that total. Other leading protocols include Jupiter, Hyperliquid, and GMX.
How much perpetual futures volume does dYdX process?
dYdX processed $2.198b in perpetual futures volume over the past 30 days.
Does dYdX have a treasury?
dYdX has a tracked treasury currently valued at $85.24. Its holdings include $85.24 in its own tokens.
Has dYdX ever been exploited?
dYdX has 1 recorded security incident. The most recent incident occurred on November 18, 2023 and involved $9m. It was classified as Protocol Logic.

