dYdX price

Startups need to make money 💰 So they can keep building cool stuff, pay the team, and not die 😅 No money = no runway = no product = game over. That’s why profits matter, from a Sustainable Business Model.

Key Insights: dYdX Chain reaches 267 perpetual futures markets with instant listing capabilities. Bitcoin and Ethereum account for 80% of $200 million open interest total. Platform combines order book performance with on-chain transparency benefits. Cryptocurrency traders increasingly turn to dYdX for perpetual futures trading as the platform expands market offerings and improves infrastructure. The decentralized exchange combines centralized venue performance with blockchain transparency while maintaining dominant positions in Bitcoin and Ethereum derivatives markets. dYdX Expands to 267 Markets Through Instant Listing As of the latest report by analyst Tanay Ved, dYdX has expanded its perpetual futures market services from 127 markets to 267 markets. With the introduction of quick market listings in late 2024, dYdX Unlimited made it possible for anybody to produce and trade perpetual futures on any asset without the need for governance approval procedures. This expansion comes after that launch. The instant listing capability addresses a core advantage of perpetual futures DEXs by providing breadth and accessibility across diverse cryptocurrency assets. Traders gain exposure to large-cap tokens and long-tail assets through streamlined market creation processes that bypass traditional listing requirements. dYdX market listings from Coin Metrics dYdX launched MegaVault, a master USDC liquidity pool where users lock USDC to provide day-one liquidity for new listings. This infrastructure provides instant trading volume for new listings prior to organic liquidity build-up stages. The new listings in markets are SRYUP-USD, FLR-USD, and DAI-USD. The exchange caters to various categories such as Layer-1 protocols, DeFi tokens, memecoins, and artificial intelligence projects. Market diversity enables investors to articulate investment opinions in different stories and sectors. As well, on a timely basis as opposed to conventional centralized exchanges with slower approval procedures. The wider market offers access to blue-chip assets and new coins in the same trading platform and interface. Bitcoin And Ethereum Rule $200 Million OI Concentration Bitcoin and Ethereum markets maintain the dYdX exchange’s trading volumes in check. With the biggest chunk of perpetual futures daily volume across Q2 2025. The two assets account for 80% of the overall open interest of $163 million on dYdX. Up from 66% valued at $93 million at the end of Q1 when other assets captured market share. Open interest hit $200 million in Q2, with BTC perpetual futures alone seeing over $65 billion in weekly trade in the overall cryptocurrency derivatives market. Such volume overwhelms options and spot trading and demonstrates perpetual futures as the vehicle of choice. dYdX Open Interest from Coin Metrics While the number of long-tail markets available on dYdX is still growing, most have little trading volume and are only available to provide short-term or cyclical volume boosts and not long-term liquidity. The trend is that dYdX usage remains focused in its most liquid markets, which are Bitcoin and Ethereum derivatives. Although the platform offers trading on 267 different perpetual futures markets, trading is centered on assets with existing market demand and institutional participation. Market breadth provides options for participants willing to gain exposure to various cryptocurrency sectors. Concentration of volume in BTC and ETH markets, however, indicates that they remain leading drivers of platform activity and revenue streams. DYDX Token Secures Network While Incentivizing The DYDX token is the natively released token of the Cosmos-based dYdX Chain, initially developed as an Ethereum-based utility token to execute a range of foundational activities in the ecosystem. Token holders who stake DYDX with validators are: granted governance voting rights on software updates, fee changes, market additions, and treasury spending with voting power based on staked size. DYDX stabilizes the dYdX Chain with delegated proof of stake consensus in which validators and delegators stake tokens as an incentive to receive rewards in the form of protocol fees in USDC trading fees. The staking functionality offers returns to token holders taking part in consensus activities to secure the network. Trading incentives create surplus utility via DYDX-denominated rewards that are returned to users for profitable trades. Up to 90% of trading costs may be reimbursed to traders based on volume as DYDX incentives, and the awards are distributed proportionately based on net USDC-paid trading fees. The post Why Traders Are Turning to dYdX for BTC and ETH Perpetuals: Report appeared first on The Coin Republic.

I recently attended a crypto event, and some people there told me about the importance of evaluating Kaito campaigns based on the amount of money the project has raised. I decided to filter the current leaderboards based on this criterion, and this is the picture I got: Near Protocol: $607.43M Polkadot: $510.83M Monad: $244M Arbitrum: $123.70M dYdX: $85M Infinex: $65.29M Anoma: $60.25M Injective: $59.70M Succinct: $55M Humanity Protocol: $50M Peaq: $43.48M Portal: $42.50M 0G Labs: $34.09M Camp Network: $29M Caldera: $24M Lombard: $17M Virtuals Protocol: $16.61M UXLINK: $14.03M Theoriq: $10.20M Mira: $9.85M SatLayer: $8M Bless: $8M Openledger: $8M Infinit: $6M Hana Network: $6M GOAT Network: $5M Sunrise: $5M Novastro: $1.2M N/A: Newton, Somnia, Noya, Warden Protocol, Pyth Network, Soul Labs, Surf, MemeX, Fomo, Mantle, Lumiterra, Katana, Overtake.

Personally... I've been enjoying perps in these choppy markets much more than anything else && with that, the platform I heavily trade on is our partner's @dYdX Deep Liquidity More markets than many competitors && they literally REWARD YOU for just taking the trades you'd make anywhere else. They have an ongoing competiton RIGHT NOW for those that trade $KAITO on their platform If you are the BEST trader of $KAITO, you can win $1500, and if you're not the BEST there are countless other rewards just for trading that market. On top of this, those rewards I mentioned, yah its $20 MILLION in rewards for just trading on dYdX through their Surge program Season 4 is NOW LIVE, make trades, earn points, earn REAL monetary rewards... It is such a no brainer.

Only PMF in crypto is defi & stables. Unless your crypto game is basically a wrapper for defi/stables it will probably fail. Unless your crypto AI provides rev via an edge in defi/stables it will probably fail. Everything else in crypto is DOA imho.