![](/images/tokens/dydx.png)
dYdX
standardized id:
dydx-dydx
Asset valuation (marketcap): $243,298,675
Ownerships:
Supply:
- circulating @ 106340511
- Form: tokens
- Price: $ 2.500
What is the dYdX asset token:
Dydx is a decentralized margin trading protocol that allows users to trade tokens on Ethereum without the need for a centralized exchange. The protocol is built on the Ethereum blockchain and is governed by a decentralized autonomous organization (DAO). With their perpetual contract, they have added a L2 (layer-2_ blockchain systems that operates independently of previous dYdX protocols and systems.