dYdX (DYDX)

Total Value Locked$260.98m

TVL by Chain

dYdX$220.57m

Ethereum$40.4m

Key Metrics

Fees (Annualized)$13.88m

Fees 30d$1.14m

Fees 24h$27,242

Cumulative Fees$87.96m

Revenue (Annualized)$13.88m

Revenue 30d$1.14m

Revenue 24h$27,242

Cumulative Revenue$87.96m

Holders Revenue (Annualized)$13.88m

Holders Revenue 30d$1.14m

Holders Revenue 24h$27,242

Cumulative Holders Revenue$53.52m

Incentives (Annualized)$355,480

Incentives 30d$29,138

Incentives 24h$0

Cumulative Incentives$16.9m

Earnings (Annualized)$13.52m

Earnings 30d$1.11m

Earnings 24h$27,242

Cumulative Earnings$71.05m

Perp Volume 30d$5.116b

Perp Volume 24h$127.59m

Cumulative Perp Volume$1.494t

Market Cap$352.56m

$DYDX Price$0.47

All Time High$4.52

All Time Low$0.42

Fully Diluted Valuation$452.85m

$DYDX Volume 24h$12.37m

CEX Volume$10.71m

DEX Volume$952,237(7.7% of total)

Treasury$326.9

Own Tokens$326.9

Total Raised$87m

Dec 19, 2017$2mRound: SeedInvestors: 1Confirmation, a16z, Abstract Ventures, Avichal Garg, Brian Armstrong, Caffeinated Capital, Christopher Golda, David King, Elad Gil, Fred Ehrsam, Jack Herrick, Kindred Ventures, Polychain, Scott Belsky

Oct 19, 2018$10mRound: Series AInvestors: 1Confirmation, a16z crypto, Abstract Ventures, Bain Capital Crypto, Dragonfly Capital, Craft Ventures, Kindred Ventures, Naval Ravikant, Polychain, VY Capital

Jan 26, 2021$10mRound: Series BInvestors: a16z, DeFiance Capital, GSR, Hashed, Polychain Capital, RockTree Capital, Scalar Capital, The Spartan Group, 3AC, Wintermute Trading

Jun 15, 2021$65mRound: Series C

Protocol Information

The most powerful open trading platform for crypto assets. Margin trade, borrow, and lend cryptocurrency.

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees: Fees paid by usersView code on GitHubRevenue: Treasury and token holders revenueView code on GitHubHolders Revenue: Fees going to governance token holdersView code on GitHub

Perp Volume: Notional volume of all trades in the protocol, includes leverage

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Development Activity

Updated at Jun 17, 2025

Weekly commits7

Monthly commits126

Weekly developers3

Monthly developers17

Last commit17/06/25 (10 days ago)

Hacks

Date: Nov 18, 2023

Protocol: dYdX V3

Amount: $9m

Classification: Protocol Logic

Technique: Price Manipulation Attack

Chains: Ethereum

Target Type: DeFi Protocol

Source