Market Cap

$2.67T

1.77%

24h Vol.

$108.13B

Dom.

58.10%

BTC

1.62%

ETH

3.91%

ETH Gas

Low

Avarage

High

Data by Etherscan

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dYdX DYDX Social Audit & Trust Score

Name: dYdX (DYDX)
Brand: dYdX
Rating: 25.79 (9 reviews)

$0.1334 4.17%

Low All Time High

$0.07882 $4.52

Overview

DYDX is the governance token of the dYdX decentralized exchange, operating on a Layer 2 protocol with StarkWare's technology. More

OG Score 25.79

Reviews 9

Market cap $111.45M

Market cap Rank #260

Market Data & Token Stats

Fully Diluted Valuation	$127.89M
24H Trading Volume	$5.95M
24H Low / High	$0.1309 / $0.1452
Circulating Supply	835.15M
Total Supply	958.34M
Max Supply	1.00B

Key Project Information

Categories	Decentralized Exchange (DEX) 17 more
Founder	Antonio Juliano
Website	dydx.trade 1 more
Socials	2 more
Chains	Osmosis Ecosystem 1 more
Explorer	Atomscan 1 more
Contracts	ibc/8....2E48C 1 more

DYDX/USD Live Price Chart

24h 7d 1m All

$DYDX Community Sentiment

OGAudit Security Evaluation & Social Audit Metrics

OG Score

Only Verified Crypto OGs Can Rate

OG Score Rank #1610

Reviews 9

Gem Score 6.19

OGAudit Coin Evaluation Metrics

Innovation 32 .96

Security 23 .92

Community 23 .50

Tokenomics 22 .51

Team 28 .54

Roadmap 25 .23

How do we calculate this? [See our methodology]

dYdX (dydx) Expert User Reviews

Is dYdX safe or a scam? Read verified Crypto OG reviews about dYdX

Only Verified Crypto OGs Can Publish Reviews

MrAnarhlyst 1 day ago 0x7fb...3432d

OG Score 11.26

dYdX migrated to its own Cosmos based chain, reducing Ethereum composability and introducing ecosystem fragmentation risk. Originally built on Ethereum (Layer 2), by leaving Ethereum, they also lost direct integration with Ethereum liquidity and easy ecosystem access. Talk of the token lack dominance since from launch pattern that got the token so downn is something that deserves additional DYOR

DYDX $0.1387 Gem Score: 1.00

Saif8844 10 Apr 2026 - 05:10 0x63c...fefda

OG Score 6.23

It was huge project until Aidrop, the airdrop ruined the project, when community got free airdrop they sold and left while investors got loss, large amount of investors was locked and still in 2026 more tokens are releasing in market. Token unlock: https://collectiveshift.io/investing/token-unlocks-what-all-investors-must-understand/?hl=en-GB#:~:text=Using%20DYDX%20as%20an%20example,holders%20and%20their%20unlocked%20vs. It banned in different regions including us because of it's high Volume trading and regulator often target platform with high volume of trade. Regulator and region blockage: https://thedefiant.io/news/defi/dydx-airdrop?hl=en-GB#:~:text=Despite%20the%20massive%20windfall%2C%20not,them%20from%20receiving%20the%20airdrop. They are using funds to buyback but Honestly it's not working much and DYDX became a volatile and risky investment.

DYDX $0.09581 Gem Score: 2.00

praiz 9 Apr 2026 - 15:39 0x6e8...58f42

OG Score 8.40

this project failed, everyday new all time low.. i wont really advice you buy.. the hype is over airdrop participant has taken profit and left, socials is like a ghost town, each tweet struggles to get 1k views.. for now for me its not worth it.. by the way they is also very low liquidity on dex.. 2k (https://dexscreener.com/osmosis/1245-ibc_831f0b1bbb1d08a2b75311892876d71565478c532967545476df4c2d7492e48c-uosmo)

DYDX $0.09813 Gem Score: 1.20

BUB RugHunter 20 Mar 2026 - 23:56 0xdb3...56b40

OG Score 34.32

If a developer builds a massive, highly profitable shopping mall, but pays the first thousand visitors with shares of the company just to walk through the doors, those visitors will immediately sell those shares for cash. By the time the mall is actually distributing profits, the shares are so diluted they are virtually worthless. Retail sees dYdX ($dYdX) trading at $0.08 and assumes a 98% discount on the king of decentralized exchanges is a generational buy. It is an absolute trap. dYdX is an elite trading platform, but its historical economic model was a structural hazard for spot buyers. To bootstrap volume, the protocol paid mercenary whales massive amounts of $dYdX just for trading. Those whales wash-traded to farm the emissions and relentlessly dumped the tokens on the open market. The on-chain reality is terrifying: nearly 830 Million out of the 1 Billion total tokens are already circulating. The market was flooded. Even though the new V4 chain finally gives the token utility, the chart is suffocating under the weight of total supply exhaustion. The absolute worst move you can make is confusing a highly profitable software product with a profitable financial asset. we must recognize that a great exchange does not neutralize the gravity of an 80% supply dilution. You aren't buying a cheap tech giant; you are buying the exhausted bags of a mercenary yield farm.

DYDX $0.08726 Gem Score: 4.60

CryptoAPE 31 Jan 2026 - 21:30 0x4f5...5f294

OG Score 10.45

DYDX is a failed project, incompetent and greedy team betrayed the community, see my review here on ETHDYDYX https://ogaudit.com/crypto/dydx-ethdydx quoting it here: "I wonder how come they came here from all the way being a leading DEX to a scam dex https://x.com/krackthecode/status/2011055285977432518 to me list is : - terrible marketing - incompetent team (esp. executives) - as a result shallow orderbook (no users) ahh almost forgot here is another: "$dydx is one of the biggest scam at cryptomarket…five years team and VCs dumping their token at community and retail !! Go to hell......." https://x.com/FridayPer43217/status/2001998722419319284 and he is right!"

DYDX $0.1300 Gem Score: 1.00

aabashweb3 27 Jan 2026 - 19:48 0x8d3...061b3

OG Score 42.78

dYdX still smells like the sharpest perp desk in crypto. No one else built a full orderbook chain from scratch and kept shipping while others copied. The vibe is quiet confidence, serious builders, not influencers. But those old hacks and the massive unlock wave hanging overhead? They leave a faint metallic taste. It’s battle-scarred, not shiny new, yet somehow that makes it feel more real than most polished garbage out there. https://www.vidma.io/blog/dydx-9m-insurance-fund-hack-lessons-for-defi-security#:~:text=On%20March%205%2C%202024%2C%20dYdX,established%20platforms

DYDX $0.1687 Gem Score: 9.40

HumbleApe 13 Nov 2025 - 20:36 0x89d...57dc0

OG Score 31.63

dYdX sold everyone on CEX speed with DEX custody. Then the platform just... died. For eight hours straight. Traders were locked out of their positions, and dYdX had to shell out $462K. For a fully decentralized chain, that is a massive failure. It makes you wonder if the tech is all hype and can't actually handle the heat.

DYDX $0.2957 Gem Score: 7.70

vindicatethis 20 Jul 2025 - 17:00 0x0f6...ec1bd

OG Score 42.70

Its Layer 2 scaling solutions make transactions fast and cheap, but it faces stiff competition from both CeFi and DeFi exchanges

DYDX $0.7095 Gem Score: 12.90

CryptoGeek 7 Feb 2025 - 08:58 0x015...c7f8e

OG Score 44.33

dYdX provides a platform for leveraged trading in DeFi, which is appealing for sophisticated traders. I think the protocol's future hinges on managing risk and ensuring robust security measures.

DYDX $0.7051 Gem Score: 15.90

$dydx Markets

Name	Pair	OG Score

About dYdX

In the ever-evolving landscape of cryptocurrency, dYdX stands out as a game-changer, redefining the way users engage with digital assets. Founded in 2017 by the visionary Antonio Juliano, dYdX is a decentralized exchange offering a myriad of financial instruments, from perpetuals and margin trading to lending and borrowing. At its core, dYdX aims to blend the security and transparency of decentralized exchanges with the speed and usability of centralized counterparts.

Key Features:

dYdX operates as a Layer 2 protocol, leveraging StarkWare's technology to enhance transaction speed and efficiency on the Ethereum blockchain. The platform introduces the DYDX governance token, empowering the community to actively participate in shaping the protocol's future. Holders of DYDX enjoy governance powers, allowing them to propose and vote on crucial decisions.

User-Friendly Interface:

The user interface of dYdX is designed for simplicity and functionality. Traders can engage in active governance, view rewards from their trading activities and monitor their DYDX holdings seamlessly. The concept of epochs adds a structured rhythm to the platform, with rewards and staking contracts governed by 28-day periods.

Earning DYDX:

Users can earn DYDX by staking USDC to the liquidity staking pool, fostering liquidity network effects. Community-approved liquidity providers utilize staked USDC to enhance market liquidity on dYdX and DYDX payouts are distributed in real-time based on each staker's share of the total pool.

Community Treasury:

A vital component of dYdX is the community treasury, allocated 5% of the initial token supply. This treasury supports initiatives that drive dYdX's growth, including funding programs for NFTs, hackathons, analytics dashboards and more. It plays a pivotal role in incentivizing strong governance and ensuring the platform's long-term success.

dYdX Chain Migration:

The ongoing migration of ethDYDX to the dYdX Chain signifies a crucial step for the platform. This migration enhances staking, security and governance, providing users with an improved experience. The transition is part of dYdX's commitment to innovation and continuous enhancement.

Security Measures:

DYDX operates as an ERC-20 token on the Ethereum mainnet, ensuring a secure foundation. The Layer 2 scaling solution relies on StarkWare's ZK-STARKS technology, enabling off-chain validation of transactions. This not only enhances security but also eliminates gas costs and reduces trading fees.

Conclusion:

dYdX is not just a decentralized exchange; it's a comprehensive ecosystem that empowers users, fosters community collaboration and pushes the boundaries of what's possible in crypto trading. With a robust foundation, user-friendly interface and commitment to innovation, dYdX is poised to play a pivotal role in the future of decentralized finance. Whether you're a trader, liquidity provider, or governance enthusiast, dYdX welcomes you to explore the exciting possibilities it has to offer.

What is unique about dYdX (DYDX)?

dYdX revolutionizes crypto trading by combining advanced financial tools with decentralization, offering features like perpetuals, margin trading and lending, while utilizing StarkWare's Layer 2 for enhanced speed and security.

Who are the founders of dYdX (DYDX)?

Antonio Juliano, a seasoned programmer and founder of dYdX, has been driving the platform since its inception in 2017, bringing his expertise in blockchain technology and a vision for decentralized finance.

Who are the backers/investors of dYdX (DYDX)?

Founded in 2017 with over $10 million in seed venture capitalist funding, dYdX has garnered support from various investors, with the dYdX Foundation's Council members, including Arthur Cheong, Rebecca Rettig and Markus Spillman.

What is the consensus mechanism of dYdX (DYDX)?

dYdX operates as an ERC-20 token on the Ethereum mainnet, ensuring security. The Layer 2 scaling solution relies on StarkWare's ZK-STARKS technology, enhancing security by validating transactions off-chain.

Where can I buy dYdX (DYDX)?

You can buy dYdX (DYDX) on Binance, OKX, Gate.io KuCoin HTX cryptocurrency exchanges.

Information in this section carefully collected and curated from publicly available data from official sources, including the dYdX Official Website, dYdX GitHub Repository and dYdX X (Twitter) Account.

The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.