dYdX Token (DYDX) is live on VNDC Wallet from September 9th. Right after DYDX is listed, users can perform the following functions with DYDX:
- Off-chain transactions: Send, receive DYDX with other users on the same system.
- Exchange: Swap from VNDC to DYDX and vice versa.
About dYdX
dYdX is an open-source, decentralized exchange built on top of Ethereum and designed to create open, secure, and robust financial products. By combining the advantages of both centralized and decentralized exchanges, dYdX provides a financial platform with powerful performance and speed while ensuring security and transparency.
The goal of dYdX is to be a robust ecosystem that allows users to implement supporting features and derivatives, including Spot, Margin, and Perpetuals trading (non-term contract). Each segment of dYdX is designed to drive future growth and decentralization of the platform, providing a better user experience.
Website: https://dydx.community/dashboard
What is DYDX token?
dYdX token (DYDX) is a utility token of the dYdX ecosystem, operating on the Ethereum platform according to ERC20 standards and can be used for the following purposes:
- Staking: to provide liquidity for the protocol.
- Payout: monthly in-app bonus payments.
- Voting: participate in governance activities and vote on platform decisions.
Specifications:
- Name: dYdX Token
- Symbol: DYDX
- Platform: Ethereum
- Standard: ERC-20
- Smart Contract Address: 0x92d6c1e31e14520e676a687f0a93788b716beff5
- Type: Governance token
DYDX is now listed on some of the largest cryptocurrency exchanges like Binance, OKEx, Huobi Global, KuCoin,… At the time of listing on VNDC Wallet, DYDX ranked #216 on CoinMarketCap, with some price data as follows:
DYDX Price 283,024 VNDC Market Cap 673,099,482 USD 24h Trading Volume 1,131,441,545 USD Circulating Supply 55,700,000 DYDX Max Supply 1,000,000,000 DYDX
Trading DYDX on VNDC Wallet
At the moment, users can perform the following features with DYDX on VNDC Wallet:
- Off-chain transactions: Send, receive DYDX with other users on the same system.
- Exchange: Swap from VNDC to DYDX and vice versa.