Introduction
dYdX Crypto is a leading decentralized exchange built by developers on a mission to create open, secure, and robust financial products. dYdX runs on audited intelligent contracts on Ethereum, which eliminates the need to trust a central exchange while trading. We combine a decentralized exchange’s security and transparency with a centralized business’s speed and usability.
Founded in 2017 by ex-Coinbase and Uber engineer Antonio Juliano, dYdX is a leading decentralized exchange offering Perpetual, Margin, & Spot trading, as well as borrow/lend pools on Ethereum. Users can earn interest or take loans for a nominal fee and trade on margin with custom leverage.
What Is DYDX Crypto (dYdX)?
DYDX (dYdX) is the layer2protocol governance token of the eponymous non-custodial decentralized cryptocurrency exchange. It reduces the process of layer 2 and allows traders, liquidity providers and partners to contribute to the definition of the protocol’s future as a community.
Token holders are granted the right to suggest changes on the dYdX’s layer 2 and are offered an option to profit via token staking and trading fee discounts.
Built on Starkwire’s StarkEx scalability engine, layer 2 is used for trading cross-margined perpetual on the platform. The scaling solution allows dYdX to improve transaction speed, eliminate gas fees, decrease trading fees and smaller minimum exchange sizes on the protocol.
An open-source platform with smart contract functionality, dYdX is developed for users to borrow, lend, and exchange crypto investments. Although dYdX supports spot trading, the platform’s primary focus is on products and margin trading.
The exchange was established in 2017 with over $10 million in seed experience capitalist budget and went live in 2019. DXDY token Initial coin offering (ICO) was on September 9, 2021.
How to Earn DYDX Crypto?
Users can stake DYDX and USDC to earn staking rewards. DYDX is published to users who stake USDC to the liquidity staking pool to boost liquidity network products and incentivize professional liquidity providers. Community-approved liquidity providers use the staked USDC to construct markets on the dYdX. This further grows the liquidity accessible throughout the markets. DYDX payouts are presented in real time based on each staker’s percentage of the whole USDC in the pool. Staking pools are a way to raise the protocol’s liquidity and security.
History of dYdX Crypto (DYDX)
The dYdX Foundation is a non-profit organization headquartered in Zug, Switzerland. The dYdX Foundation invests and invents every part, technical or otherwise, of the recent performance and all prospective arrangements of the dYdX protocol. In addition, Rebecca Rettig, Arthur Cheong, and Markus Spillman are fellows of the dYdX Foundation’s Council.
Where Can You Buy DYDX Crypto?
DYDX Crypto is currently available for purchase on the following exchanges: Binance, Huobi Global, FTX, KuCoin, Gate.io, Kraken, Poloniex, Uniswap (V3), OKEx,1inch Exchange, WOO Network, CoinDCX, Deepcoin, Cryptology, BKEX, LBank, Sushiswap, Crypto.com Exchange, 0x Protocol, XT.COM, BitZ, WhiteBIT, CoinW, BigONE, ZT, AOFEX, DigiFinex, Pionex, BW.com, BitMart, AEX, ZBG, MEXC, BiONE, Bibox, Hoo, Hotbit, Decoin, Bitrue, HitBTC, Tokocrypto, Mandala Exchange, WBF Exchange, CoinBene and Bitget.
DYDX Crypto Coin Live Price, Market Cap, Volume, Supply.
Please enter CoinGecko Free Api Key to get this plugin works.dYdX Crypto Price Prediction 2022-2033.
Years | Avg Price | Lowest Price | Highest Price |
2022 | $3.18 | $2.54 | $3.81 |
2023 | $2.60 | $2.08 | $3.13 |
2024 | $3.49 | $2.79 | $4.19 |
2025 | $4.68 | $3.74 | $5.61 |
2026 | $6.27 | $5.01 | $7.52 |
2027 | $8.40 | $6.72 | $10.08 |
2028 | $11.25 | $9.00 | $13.50 |
2029 | $15.08 | $12.06 | $18.09 |
2030 | $20.20 | $16.16 | $24.24 |
2031 | $27.07 | $21.66 | $32.49 |
2032 | $36.28 | $29.02 | $43.53 |
2033 | $48.61 | $38.89 | $58.34 |
dYdX Crypto price prediction 2022
According to our analysis, dYdX’s price for 2022 trade range between $2.54 to $3.81, and the average price of DYDX should be approximately $3.18.
dYdX Crypto price prediction 2023
According to our analysis, dYdX’s price for 2023 should go between $2.08 to $3.13, and the average price of DYDX should be roughly $2.60.
dYdX Crypto price prediction 2024
dYdX’s price for 2024, according to our analysis, should range between $2.79 to $4.19, and the average price of DYDX should be about $3.49.
dYdX Crypto price prediction 2025
According to our analysis, dYdX’s price for 2025 should range between $3.74 to $5.61, and the average price of DYDX should be around $4.68.
dYdX Crypto price prediction 2026
According to our analysis,dYdX’s price for 2026 should range between $5.01 to $7.52, and the average price of DYDX should be around $6.27.
dYdX Crypto price prediction 2027
According to our analysis, dYdX’s price for 2027 should range between $6.72 to $10.08, and the average price of DYDX should be around $8.40.
dYdX Crypto price prediction 2028
dYdX’s price for 2028 should range between $9.00 to $13.50, and the average price of DYDX should be about $11.25.
dYdX Crypto price prediction 2029
dYdX’s price for 2029 should range between $12.06 to $18.09, and the average price of DYDX should be around $15.08.
dYdX Crypto price prediction 2030
According to our analysis, dYdX’s price for 2030 should range between $16.16 to $24.24, and the average price of DYDX should be around $20.20.
dYdX Crypto price prediction 2031
dYdX’s price for 2031 should range between $21.66 to $32.49, and the average price of DYDX should be around $27.07.
dYdX Crypto price prediction 2032
dYdX’s price for 2032 should range between $29.02 to $43.53, and the average price of DYDX should be around $36.28.
dYdX Crypto price prediction 2033
According to our analysis, dYdX’s price for 2033 should range between $38.89 to $58.34, and the average price of DYDX should be around $48.61.
FAQ
How Much Will dYdX be Worth in 2025?
Many platforms and analysts think that the price of dYdX will continue to grow in the next five years, surpassing the $7.70 mark by the end of 2025. Even though the price appears like a time, you never know. DYDX and other Cryptocurrencies are very explosive and can reverse directives at any time.
How Much Will dYdX be Worth in 10 Years?
There is a higher probability that the price of dYdX will grow to $52.87 in ten years. The Value of 1 dYdX can reach the lowest fee of $51.03 and the highest cost of $62.01 within the next 8 to 10 years.
Is dYdX a Good Investment?
dYdX has occasionally been established to be a worthy investment. Aside from the technology, it is also one of the most profitable blockchain initiatives in application cases. In addition, the Blockchain is being used in various real-world applications, improving its Value.
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