24h Change+8.47%
All Time HighMar 7, 2024$4.52
All Time LowMar 8, 2026$0.079
Market Cap$134.99m
Fully Diluted Valuation$159.93m
Circ. Supply844.08m DYDX
Max Supply1b DYDX
Outstanding FDV$158.95m
CEX Volume$8.52m
DEX Volume$2.5m
SushiSwap · Ethereum$101,605
Uniswap V3 · Ethereum$67,366
Osmosis DEX · Osmosis$28,778
| Q2 2026* | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Gross Protocol Revenue | $615.07K | $993.08K | $3.30M | $4.87M | $3.25M | $4.75M | $8.49M | $12.21M | $20.57M | $27.46M | $11.28M |
| Trading Fees | $615.07K | $314.10K | |||||||||
Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Gross Profit | $615.07K | $993.08K | $3.30M | $4.87M | $3.25M | $4.75M | $8.49M | $12.21M | $20.57M | $27.46M | $11.28M |
| Staking Rewards | $615.07K | $314.10K | |||||||||
Incentives | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Earnings | $615.07K | $993.08K | $3.30M | $4.87M | $3.25M | $4.75M | $8.49M | $12.21M | $20.57M | $27.46M | $11.28M |
Token Holder Net Income | $615.07K | $993.08K | $3.30M | $4.87M | $3.25M | $4.75M | $8.16M | $8.70M | $13.21M | $14.12M | $1.39M |
| Staking Rewards | $615.07K | $314.10K |
Risk-management actions published about DYDX by tracked risk managers and governance contributors, newest first.
Chaos Labs' algorithm detected $0.5B in wash trading volume (5.4% of $9.8B total) from 11 colluding traders out of 2357 participants in Season 1. Suspicious trades were excluded from DYDX reward calculations to promote genuine activity and protocol integrity.
DYDX is the staking and governance token of the dYdX Chain, used to delegate to validators for network security, vote on protocol enhancements, and access value accrual from trading fees. 75% of protocol fees are used to buy back DYDX
Holders can vote on revenue allocations, market listings, parameter changes, & software upgrades
Portion of net fees are allocated to Treasury SubDAO, controlled by governance
Holders govern net fee distributions
75% fees for buybacks
Value accrues through buybacks
In 2025, dYdX implemented a protocol buyback program using fees to acquire DYDX tokens. As of November 2025 the community voted to increase DYDX buybacks from 25% to 75% of protocol fees
75% of net protocol revenue is allocated to the Treasury and used toward dydx buyback program
75% of net protocol fees used for monthly open-market DYDX buybacks, with purchased tokens staked to validators
No dividend or revenue distribution is currently active
No burn mechanism is currently active
An is required to view token usage.
An is required to view token unlocks.
Tracking 3 pools, average APY 5.79%
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabUSDC-DYDX | $242,481 | 5.79% | 5.79% | 5.45% | |||||
| open in new tabDYDX-WETH | $24,261 | 0% | 0% | 5.60% | |||||
| open in new tabDYDX-WETH0.3% | $11,623 | 0% | 0% | 0% |
