◆ Decentralised finance (DeFi) · DYDXUSDT
DYDX Chain
dYdX is a perpetuals exchange that moved to its own Cosmos chain in 2023; stakers receive fees.
◆ Live market
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24h
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- Ticker
- DYDXUSDT
- Category
- Cryptocurrencies
- Type
- Decentralised finance (DeFi)
- Sector
- DeFi
- Market-cap rank
- n°281
- Trading hours
- 24/7
What is DYDX Chain?
dYdX is a perpetuals exchange that moved to its own Cosmos chain in 2023; stakers receive fees. Decentralised finance covers protocols providing financial services without intermediaries: decentralised exchanges (DEX), lending and borrowing, derivatives, yield. Rules are coded in smart contracts.
How DYDX Chain works and what gives it value
A DeFi token usually grants governance and sometimes a share of protocol fees (buybacks, distribution). The market rewards protocols generating real, durable revenue.
What moves the price of DYDX Chain
- ◆Trading and borrowing volume on the protocol
- ◆Fees and revenue shared with holders
- ◆Health of the host chain
- ◆Yields and incentives offered
- ◆Regulatory changes
Key metrics to watch
- ◆TVL
- ◆Protocol revenue
- ◆Market cap to fees ratio
- ◆Daily volume
Risks specific to DYDX Chain
- ◆Smart-contract hacks
- ◆Cascading liquidations in sell-offs
- ◆Temporary incentives inflating activity
How to analyse DYDX Chain on GraphTrade
Daily and 4h; buyback or fee-switch announcements often trigger breakouts. Open the DYDXUSDT chart, add the indicators below, compare DYDX Chain with similar assets in Performance and ask the AI Compass to explain the latest move with news and macro context.
Themes
Included in: Top 251–500.
◆ Indicators suited to DYDX Chain
◆ FAQ
What is DYDX Chain (DYDXUSDT)?
dYdX is a perpetuals exchange that moved to its own Cosmos chain in 2023; stakers receive fees.
Why is DYDX Chain going up or down today?
The main drivers are: trading and borrowing volume on the protocol, fees and revenue shared with holders, health of the host chain, yields and incentives offered. The AI Compass cross-references these with today's news.
Which indicators work best on DYDX Chain?
Daily and 4h; buyback or fee-switch announcements often trigger breakouts.
What are the risks of DYDX Chain?
Smart-contract hacks ; Cascading liquidations in sell-offs ; Temporary incentives inflating activity.
What is the market-cap rank of DYDX Chain?
DYDX Chain was ranked #281 by market cap when this page was generated, in the DeFi sector. The live rank appears at the top of the page.
How do I follow DYDX Chain in real time?
Open the free GraphTrade chart for DYDXUSDT: price updates live every second, with all indicators.
How do I add DYDX Chain to my portfolio?
Click « Add to portfolio » on this page: the asset joins your active portfolio.
Is this investment advice?
No. GraphTrade provides information and analysis tools only.
◆ Assets similar to DYDX Chain
Information only, not investment advice.