DYDX token
Overview
DYDX is the native token of the dYdX decentralized exchange protocol, which specializes in perpetual swaps. It is used for governance and staking within the dYdX ecosystem, originally as an ERC-20 on Ethereum and later as the native token on the dYdX Chain (Cosmos-based).
Within the DeFi Intel graph, DYDX connects to 6 tracked entities, most strongly to dYdX, dYdX v4, dYdX DAO.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 6 of 6 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued_by | dYdX | 95% |
supports_token | dYdX v4 | 95% |
supports_token | dYdX DAO | 95% |
deployed_on | dYdX Chain | 95% |
deployed_on | Cosmos Hub | 85% |
issued_by | dYdX Trading | 85% |
Frequently asked questions
What is DYDX?
DYDX is the native token of the dYdX decentralized exchange protocol, used for governance and staking within the dYdX ecosystem.
What chain is DYDX deployed on?
DYDX was originally an ERC-20 on Ethereum and later became the native token on the dYdX Chain, which is Cosmos-based, and is also deployed on Cosmos Hub.
What entities does DYDX support?
DYDX supports the dYdX DAO and dYdX v4, and is issued by dYdX and dYdX Trading.