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dYdX (ethDYDX)

dYdX (ethDYDX) (ETHDYDX) Ethereum

Gradering4.3
  • Coin: dYdX (ethDYDX) (ETHDYDX)
  • Launch Date: 2021-08-03
  • Adres: 0x92d6c1e31e14520e676a687f0a93788b716beff5
  • Platform: Ethereum
  • Webwerf: dydx.trade
  • Verkenners: solscan.io, etherscan.io, www.oklink.com
  • Etikette: Cosmos Ecosystem, Decentralized Exchange (DEX) Token, DeFi, Derivatives, Zero Knowledge Proofs, Three Arrows Capital Portfolio, Paradigm Portfolio, Spartan Group
  • Reddit: dydxprotocol
  • Facebook:
  • Twitter: dYdX
  • Ranking: 344
  • Gradering: 4.3
  • # 193

Ethereum-based DYDX ($ethDYDX) is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol built on Ethereum ("dYdX v3"). ethDYDX is currently undergoing a migration from Ethereum to the dYdX Chain. More information is available here. If you want to migrate ethDYDX to dYdX Chain DYDX, to enable staking, security and governance of the dYdX Chain you can follow the how-to-bridge guide here.
If you want to read about the new token utility for dYdX Chain DYDX you can read the blog here
ethDYDX (dYdX) is the governance token for the layer 2 protocol built on Ethereum. By enabling shared control of dYdX v3, ethDYDX allows traders, liquidity providers, and partners of dYdX to work collectively towards an enhanced dYdX v3.
Built on StarkWare’s StarkEx scalability engine, layer 2 is used for trading of cross-margined perpetuals on the platform. The scaling solution allows dYdX to increase transaction speed, eliminate gas costs, reduce trading fees and lower​​ minimum trade sizes on the protocol.
A total of 1,000,000,000 ethDYDX have been minted, and started to become accessible over five (5) years, on August 3rd, 2021, at 15:00:00 UTC.