dYdX – a non-custodial trading, lending and derivates protocol
dYdX – a non-custodial trading, lending and derivates protocol
In this episode of 15-minute fundamentals, we dive into the current state of dYdX with Corey Miller.
dYdX(DYDX)Derivatives
$3.33
24h:
+7.43%
7d:
-4.44%
30d:
+48.54%
180d:
+47.82%
ATH:
$27.86
ATL:
$1.01
Market cap (circulating)
$603.91m
+42.73%
Revenue (30d)
$8.45m
+32.68%
Market cap (fully diluted)
$3.35b
+32.58%
Revenue (annualized)
$102.77m
+49.94%
Total value locked
$342.82m
-9.27%
P/F ratio (fully diluted)
30.64x
-0.1%
Trading volume (annualized)
$420.36b
+48.37%
P/S ratio (fully diluted)
30.64x
-0.1%
Fees (30d)
$8.45m
+32.68%
Treasury
N/A
N/A
Fees (annualized)
$102.77m
+49.94%
Active users (daily) (30d average)
N/A
N/A
Core developers (30d average)
46.20
-31.6%
Code commits (30d sum)
240
-53.3%
About
What is dYdX
dYdX is a non-custodial trading and derivatives protocol built on Ethereum and other adjacent blockchains. dYdX was founded by Antonio Juliano and launched in 2017.
How does dYdX work
Market makers offer trades through order book & make money on bid-ask spreads (supply-side fees).
Who governs dYdX
DYDX tokenholders own and govern the protocol. dYdX Trading Inc. currently takes all of the total trading fees paid by traders (revenue). dYdX’s investors include a16z, Polychain, The Spartan Group, etc.
Key metrics
Daily market cap (fully diluted) vs. daily fees in the past 180 days.
Metrics
| Growth rate | 24h | 7d | 30d | 90d | 180d | 365d |
|---|---|---|---|---|---|---|
| Market cap (fully diluted) | -1.7% | -11.9% | +32.6% | +55.2% | +47.8% | +70.2% |
| Fees | +35.2% | -33.6% | +32.7% | +22.5% | -18.8% | -49.2% |
Related resources
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