dYdX DYDX

What DYDX actually is on-chain

For DYDX the project publishes a public source repository and an active account as @dydxfoundation. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where DYDX sits in the market

#215 places dYdX in the upper mid-cap band. This is where continuous two-sided quoting stops being guaranteed. DYDX still prints regularly, but the depth behind each print thins out through the session, and the same order that barely registers in the morning can set the day's high in a quieter hour.

CryptoPingAi is currently streaming 6 live DYDX order books (Binance, Bybit, OKX, Gate.io, HTX, Bithumb). That is wider coverage than most assets ranked near #215 carry, so a divergence on any one of them is far more likely to be a local liquidity event than a genuine repricing. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

DYDX against its all-time high

DYDX is down more than 95% from its $4.52 peak (on 2024-03-07), leaving a 42.9x gap to reclaim. A drawdown this deep strips the record of analytical use: the supply structure, the holder base and usually the market cycle behind that print no longer exist. For DYDX the informative reference is the downside, which makes the range section below more relevant than this one. That high was set 3 years ago, recently enough that it still anchors how most current holders frame the asset.

DYDX across its historical range

The recorded range runs 57.3x, from $0.0788 to $4.52 — wide by the standards of traditional assets, moderate for this one's class.

DYDX trades within 33.7% of the all-time low of $0.0788 set on 2026-03-07. Below that mark the chart is blank — no prior trading means no support level to cite, no volume shelf and no cluster of cost basis to lean on. That low is recent, so this is an active downtrend rather than an old floor holding: each fresh low retires the previous one as a reference.

DYDX supply structure

DYDX is capped at 1.00 billion DYDX, of which only 839.6 million is circulating — 84.0% issued, leaving 160.4 million still to come. At that ratio the emission schedule is a primary driver of the supply story, not a footnote: new supply arrives continuously and has to be absorbed by new demand before price can hold a level.

What kind of asset DYDX is

dYdX is a decentralised exchange token. The economics are unusually legible for crypto: the protocol generates fees from trading volume, and the token's value proposition rests on whether it captures any of them. Volume on the underlying venue, the fee switch status and competitive pressure from other venues are the variables that actually matter — and DEX volume is itself highly cyclical, so revenue is not a stable base.

CoinGecko files DYDX under 10 categories, including Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi), Cosmos Ecosystem, Perpetuals.

How to set a dYdX alert that is worth receiving

dYdX (DYDX) — quoted on 6 venues we stream — high dated 2024-03-07 — rank #215. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →