dYdX (DYDX) Reaches Self Reported Market Cap of $81.32 Million

dYdX (DYDX) traded 3.8% higher against the US dollar during the one day period ending at 11:00 AM Eastern on March 14th. One dYdX token can now be purchased for about $0.63 or 0.00000742 BTC on exchanges. dYdX has a total market capitalization of $81.32 million and approximately $17.65 million worth of dYdX was traded on exchanges in the last day. In the last week, dYdX has traded down 5.5% against the US dollar.

Here’s how related cryptocurrencies have performed in the last day:

• Taiko (TAIKO) traded 0.6% lower against the dollar and now trades at $0.64 or 0.00000758 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 3.7% higher against the dollar and now trades at $84,780.90 or 0.99751666 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 3.3% against the dollar and now trades at $83,746.10 or 0.98534131 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About dYdX

dYdX launched on August 3rd, 2021. dYdX’s total supply is 268,013,071 tokens and its circulating supply is 128,881,776 tokens. dYdX’s official Twitter account is @dydx and its Facebook page is accessible here. The official message board for dYdX is dydx.forum. The Reddit community for dYdX is https://reddit.com/r/dydxprotocol and the currency’s Github account can be viewed here. dYdX’s official website is dydx.trade/?utm_source=cmc&utm_medium=media&utm_campaign=cmc-feed.

According to CryptoCompare, “dYdX is building an open platform for advanced cryptofinancial products, powered by the Ethereum blockchain.A “powerful and professional exchange for trading cryptoassets where users can truly own their trades and, eventually, the exchange itself.”dYdX (DYDX) is the exchange ERC20 token.”

Buying and Selling dYdX

It is usually not currently possible to purchase alternative cryptocurrencies such as dYdX directly using US dollars. Investors seeking to trade dYdX should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase dYdX using one of the exchanges listed above.

DYDX/USD price chart by TradingView