dYdX (DYDX)
Total Value Locked$308.22m
TVL by Chain
dYdX$265.55m
Ethereum$42.67m
Key Metrics
Fees (Annualized)$21.08m
Fees 30d$1.73m
Fees 7d$400,752
Fees 24h$53,234
Cumulative Fees$89.77m
Revenue (Annualized)$21.08m
Revenue 30d$1.73m
Revenue 7d$400,752
Revenue 24h$53,234
Cumulative Revenue$89.77m
Holders Revenue (Annualized)$21.08m
Holders Revenue 30d$1.73m
Holders Revenue 7d$400,752
Holders Revenue 24h$53,234
Cumulative Holders Revenue$55.34m
Incentives (Annualized)$27,639
Incentives 30d$2,265
Incentives 7d$939.78
Incentives 24h$5.21
Cumulative Incentives$16.91m
Earnings (Annualized)$21.05m
Earnings 30d$1.73m
Earnings 7d$399,812
Earnings 24h$53,229
Cumulative Earnings$72.86m
Perp Volume 30d$7.629b
Perp Volume 7d$1.811b
Perp Volume 24h$227.97m
Cumulative Perp Volume$1.502t
Market Cap$431.85m
$DYDX Price$0.57
All Time High$4.52
All Time Low$0.42
Fully Diluted Valuation$549.23m
$DYDX Volume 24h$10.37m
CEX Volume$9.31m
DEX Volume$1.31m(12.66% of total)
Treasury$393.72
Own Tokens$393.72
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
dYdX (DYDX)
Total Value Locked$308.22m
TVL by Chain
dYdX$265.55m
Ethereum$42.67m
Key Metrics
Fees (Annualized)$21.08m
Fees 30d$1.73m
Fees 7d$400,752
Fees 24h$53,234
Cumulative Fees$89.77m
Revenue (Annualized)$21.08m
Revenue 30d$1.73m
Revenue 7d$400,752
Revenue 24h$53,234
Cumulative Revenue$89.77m
Holders Revenue (Annualized)$21.08m
Holders Revenue 30d$1.73m
Holders Revenue 7d$400,752
Holders Revenue 24h$53,234
Cumulative Holders Revenue$55.34m
Incentives (Annualized)$27,639
Incentives 30d$2,265
Incentives 7d$939.78
Incentives 24h$5.21
Cumulative Incentives$16.91m
Earnings (Annualized)$21.05m
Earnings 30d$1.73m
Earnings 7d$399,812
Earnings 24h$53,229
Cumulative Earnings$72.86m
Perp Volume 30d$7.629b
Perp Volume 7d$1.811b
Perp Volume 24h$227.97m
Cumulative Perp Volume$1.502t
Market Cap$431.85m
$DYDX Price$0.57
All Time High$4.52
All Time Low$0.42
Fully Diluted Valuation$549.23m
$DYDX Volume 24h$10.37m
CEX Volume$9.31m
DEX Volume$1.31m(12.66% of total)
Treasury$393.72
Own Tokens$393.72
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 GitHubPerp 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
Hacks
Date: Nov 18, 2023
Protocol: dYdX V3
Amount: $9m
Classification: Protocol Logic
Technique: Price Manipulation Attack
Chains: Ethereum
Target Type: DeFi Protocol
SourceIncome Statement for dYdX
| Q3 2025* | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | |
|---|---|---|---|---|---|---|---|---|
| Fees | $1.73m | $3.25m | $4.76m | $8.49m | $12.21m | $20.57m | $27.47m | $11.29m |
| Revenue | $1.73m | $3.25m | $4.76m | $8.49m | $12.21m | $20.57m | $27.47m | $11.29m |
| Incentives | $2,265 | $45,294 | $22,956 | $296,470 | $90,322 | $441,112 | $5.96m | $10.05m |
| Earnings | $1.73m | $3.2m | $4.74m | $8.2m | $12.12m | $20.13m | $21.51m | $1.24m |
| Token Holder Net Income | $1.73m | $3.25m | $4.76m | $8.16m | $8.7m | $13.21m | $14.13m | $1.39m |