
dYdX (ethDYDX) (ETHDYDX) is a cryptocurrency launched in 2021and operates on the Ethereum platform. dYdX (ethDYDX) has a current supply of 1,000,000,000 with 41,656,973.19652899 in circulation. The last known price of dYdX (ethDYDX) is 0.33205829 USD and is up 15.60 over the last 24 hours. It is currently trading on 294 active market(s) with $20,980,654.67 traded over the last 24 hours. More information can be found at https://dydx.trade/?utm_source=cmc&utm_medium=media&utm_campaign=cmc-feed.

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The dYdX community has officially launched the Surge Rewards Program, a nine-month trading competition designed to reward active participation from both new and returning users. Beginning April 1, 2025, the program will allocate up to $20 million in DYDX tokens to traders over the course of nine monthly “seasons,” establishing one of the largest and longest-running incentive programs in DeFi trading to date.


TL;DR dYdX has launched a token buyback program to strengthen network security and improve the utility of its native token. 25% of the protocol's monthly net fees will be allocated to token buybacks, with the tokens being staked to enhance the network's resilience.

