Key Metrics
Fees (Annualized)$6.94m
Fees 30d$266,754
dYdX$266,754
Fees 7d$100,329
dYdX$100,329
Fees 24h$15,465
dYdX$15,465
Cumulative Fees$98.36m
dYdX$63.92m
Ethereum$34.43m
Revenue (Annualized)$6.94m
Revenue 30d$266,754
dYdX$266,754
Revenue 7d$100,329
dYdX$100,329
Revenue 24h$15,465
dYdX$15,465
Cumulative Revenue$98.36m
dYdX$63.92m
Ethereum$34.43m
Holders Revenue (Annualized)$6.94m
Holders Revenue 30d$266,754
dYdX$266,754
Holders Revenue 7d$100,329
dYdX$100,329
Holders Revenue 24h$15,465
dYdX$15,465
Cumulative Holders Revenue$63.92m
dYdX$63.92m
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$6.94m
$266,754
$100,329
$15,465
$98.36m
Perp Volume 30d$1.128b
Perp Volume 30d by chain
dYdX$1.128b
Perp Volume 7d$422.43m
dYdX$422.43m
Perp Volume 24h$74.84m
dYdX$74.84m
Cumulative Perp Volume$1.586t
Ethereum$1.211t
dYdX$375.237b
$56.53m
Market Cap$97.25m
$DYDX Price$0.11
$110.15m
$114.26m
$DYDX Volume 24h$3.62m
CEX Volume$2.83m
DEX Volume$851,413.02(23.49% of total)
$DYDX Liquidity$197,749
SushiSwap$101,605
Uniswap V3$67,366
Osmosis DEX$28,778
Treasury$79.33
$0
Stablecoins$0
Own Tokens$79.33
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.
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: Market Manipulation
Technique: Risk Parameter Abuse
Chains: Ethereum
Target Type: DeFi Protocol
Date: Jul 23, 2024
Protocol: dYdX V3
Amount: $31,000
Classification: Frontend & Infrastructure
Technique: DNS Hijack
Chains: Ethereum
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is dYdX's TVL?
dYdX currently has $114.86m in total value locked. TVL has decreased 2.9% 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 66.2%.
How much has dYdX generated in fees and revenue?
Over the past 30 days, dYdX generated $266,754 in fees. Of that, $266,754 was protocol revenue. Based on the trailing year, the annualized rate is $6.94m in fees and $6.94m in revenue.
What is the DYDX token price and valuation?
DYDX is currently trading at $0.11. Its circulating market capitalization is $97.25m, ranking it #384. Its fully diluted valuation is $110.15m. Supply currently stands at 846.09m circulating, 958.34m total supply, 1b maximum supply.
How has DYDX performed recently?
DYDX is up 0.5% over the past 7 days and down 1.4% over the past 30 days. Its all-time high is $4.52, reached on Mar 7, 2024. The token is currently 97.5% below that level.
How does dYdX's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, dYdX ranks #6 by TVL. The category holds $2.083b across 418 protocols, and dYdX accounts for 5.5% of that total. Other leading protocols include Derive V2, Extended Perps, AZverse Perps, Apex Omni, Aevo Perps, Contango V2, Hakka Finance, Keep3r Network, Strike Finance Perpetuals, and AlphaX.
How much perpetual futures volume does dYdX process?
dYdX processed $1.128b in perpetual futures volume over the past 30 days.
Does dYdX have a treasury?
dYdX has a tracked treasury currently valued at $79.33. Its holdings include $79.33 in its own tokens.
Has dYdX ever been exploited?
dYdX has 2 recorded security incidents. The most recent incident occurred on Jul 23, 2024 and involved $31,000. It was classified as Frontend & Infrastructure.
