Purchase DYDX in a few taps. Buy with a credit, debit card or bank transfer.
dYdX is a decentralized trading platform focused on derivatives, particularly perpetual contracts, which offer users the ability to trade crypto assets with leverage. It combines the transparency and control of decentralized finance (DeFi) with the performance and user experience typically found in centralized exchanges.
Built originally on Ethereum and later migrating to its own Cosmos-based appchain, dYdX enables fast, low-cost trading while maintaining full custody of user funds. The protocol has become one of the most widely used decentralized derivatives platforms, with deep liquidity, advanced trading tools, and a seamless interface for retail and professional traders alike.
The DYDX token governs the platform. It allows holders to propose and vote on upgrades, risk parameters, and reward distributions, ensuring that the protocol evolves in a decentralized and community-driven manner. Token holders also benefit from staking opportunities and potential fee discounts, enhancing long-term engagement with the platform.
DYDX is priced at $0.50, with a market capitalization of $375,801,700.00. Its all-time high reached $4.52 on March 7, 2024. There are 750,294,398.19 DYDX tokens in circulation, out of a total supply of 958,342,751, with the maximum supply capped at 1,000,000,000.
You can buy dYdX using your credit or debit card directly on Nexo, or explore additional payment options for access. Proceed to the Nexo Exchange to buy DYDX.
Swap assets for DYDX with fixed price execution on Nexo’s crypto exchange.
Borrow funds from 2.9% interest without selling any of your DYDX.
Spend your funds on Credit and Debit Mode from a single card and earn interest on your spendable balance.
Make free DYDX transfers to your family or friends as long as they have a Nexo account.
You can buy DYDX directly with a credit or debit card, as well as cards connected to your Apple Pay or Google Pay.
To learn more about how to buy DYDX via card, visit our dedicated Help Center article.
You can top up funds from your local bank via a bank transfer. EUR and GBP transfers arrive quickly, while USD wires generally take up to 2 business days to be reflected in your account.
Once your funds arrive, simply go to the Exchange tab inside the Nexo app and swap them for the amount of DYDX you want.
To start receiving crypto cashback on DYDX purchases, your account balance needs to be above $5,000 worth of digital assets. The specific amount you receive depends on your Loyalty Tier.
To get the maximum crypto cashback amount, maintain an account balance above $5,000 worth of digital assets and join the Platinum Loyalty Tier by holding at least 10% of NEXO Tokens against the rest of your portfolio.
To find out the exact reward rates for each tier, visit our Help Center.
We use multiple custodians including Ledger Vault, Fireblocks, and others, to diversify our custodial infrastructure. Along with that we offer:
You can learn more about our fundamentals here.