dYdX price in GBP and DYDX-GBP price history chart

See the live dYdX price UK. Buy dYdX in the UK or add it to your Crypto Strategy.

dYdX

DYDX

dYdX Price

£1.91

dYdX Market Cap

£298.45M

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dYdX price chart / performance

From
Mar 20, 2023
To
Mar 27, 2023

Returns

Return (24h)
-0.48%
Return (7D)
-12.99%
Return (1M)
-18.64%
Return (1y)
-53.39%

My Investment

Profit Taken
£0.00
0%
Profit/Loss
£0.00
0%
You Have:

dYdX (DYDX) Overview

dYdX (DYDX) protocol token is the governance token of the dYdX community. It is used to gain mining rewards and participate in staking pools. Holders receive trading discounts on the dYdX exchange. The dYdX exchange has $11 billion in total volume across perpetual and margins. dYdX provides secure trading services with low gas costs and fees. DYDX holders tokens can be a part of the governance process and propose changes to the layer-2 protocol.

How To Buy dYdX or Add it to your strategy

The fastest, most convenient way to purchase dYdX is to purchase it on ICONOMI. We check dYdX live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy dYdX by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto trades use fundamental and technical analysis to evaluate if dYdX is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy dYdX, we recommend you read the next section, as copying might be a better approach.

Add dYdX to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have dYdX in their structure.

Posts

Here you can read and comment on all posts made by Strategists about dYdX DYDX. See all dYdX price predictions in real time and make the best use of their crypto knowledge.

Alpha Digital
2 Feb, 2023

Over the past 73 days, we've witnessed a significant increase in the value of $BTC, with a 57% increase from the low of 15.5k to the current high of 24.2k. 


This uptrend has allowed Bitcoin to exit the descending regression channel and trade along the upper boundary of the new channel drawn from the low. 


However, analyzing past market movements, I see a strong possibility of a future retest of the channel's lower bound. The high degree of slope of the linear regression only strengthens my view. 


With the moving averages and range highs above, I remain cautious.  

I left the market in early December 2021 when bitcoin was around 50,000. I am not yet feeling any pressure from FOMO.


Instead, I start looking for sound setups, especially in alternative cryptocurrencies, before making any decisions.

I got my eyes on $ATOM, $FTM, $XMR, $SUSHI, $GNT, $ANT, $SNX, $DYDX, $DOGE, and of course $ETH


I hope you don't find the attached chart too confusing. I tried to give some "historical context" using past regression channels.


As always, these are just my personal thoughts and shouldn't be treated as financial advice.


Cheers!

Post image
21 people like this

@CryptoEnthuzias Not much has changed, but still gonna work on a new post soon :)

Hi ! Thanks for your update. Any new opinions ? :D

Rebalanced portfolio 


Did some micro trades over the night and sold $ATOM position again 


Plan for the short term future

Stay mostly in $BTC

Be exposed to interoperability oriented projects & DeFi ➡️ $RUNE $MKR $UNI $DOT $INJ $DYDX

Some minor exposure will be on privacy oriented projects ➡️ $XMR $ROSE


The $BTC position will remain untouched untill we see good entry point in our favourite Altcoin pair


NOTE: 🔥Yesterday Fidelity Investments is weighing a plan to allow individual investors to trade bitcoin on its brokerage platform 🔥


Source: https://www.wsj.com/articles/fidelity-weighs-bitcoin-trading-on-brokerage-platform-11663008698


Keep in mind that Fidelity is a brokerage firm that has over 34 million clients and has over 4,5 trillion $ Assets under management. Institutions are opening the doors for capital to flow into Crypto. The first asset to benefit from this will be ofcourse $BTC


Remember we posted the news few weeks ago Black Rock the biggest institutional asset manager has opened gates for trading BItcoin and now Fidelity investments.


Black Rock is #1 Asset manager in the world

Fidelity investments is #4 Asset manager in the world


Institutions and smart money loves these prices. While retail investors don't care about crypto anymore, hype is gone. Huge things are happening behind the scenes.


Our Tip: Don't be like most people like in the picture bellow 👇

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3 people like this
INVESTMOX Capital
16 Aug, 2022

JUST IN: Harmony Protocol $ONE has just announced it has successfully completed building a bridge between COSMOS and Harmony protocol on the local testnet.


Source: https://twitter.com/datachain_en/status/1559434938185056256?s=20&t=UuRjC4SMIXpeaSJrqs1PYw


What is $ONE ? Harmony protocol is trying to become an interoperable Layer 2 solution for Ethereum. Interesting that more and more blockchain projects are embracing $ATOM IBC protocol solution for interoperability standard.


First $DYDX, 2nd $SUSHI, now $ONE... simply said all roads lead to COSMOS 


Is a big migration from Ethereum happening in front of our eyes and are projects starting to migrate to Cosmos? Is appchain the future?Short answer: YES!


We've predicted this 1 year ago this will start happening and now adoption of $ATOM has never been bigger than today.


Why are projects embracing Cosmos interoperability solution? Short answer is because it is the only battle tested interoperability solution that was never frozen, hacked or had any issues. Every month billions of $ flow through IBC protocol on $ATOM.

DeFI & Global financial infrastructure lacks interoperability solutions. This is also a reason why CBDC's aren't developed yet.


Could an answer to this lie in $ATOM's IBC protocol solution? Maybe 


Bellow I have attached a picture that summarises how many funds were lost due to bad interoperability practices aka bad bridges. As you can see more than 1,3B$ were lost in bridge hacks just this year (2022).


All roads lead to INTERNET OF BLOCKCHAINS $ATOM 

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3 people like this

JUST IN: Harmony Protocol $ONE has just announced it has successfully completed building a bridge between COSMOS and Harmony protocol on the local testnet.


Source: https://twitter.com/datachain_en/status/1559434938185056256?s=20&t=UuRjC4SMIXpeaSJrqs1PYw


What is $ONE? Harmony protocol is trying to become an interoperable Layer 2 solution for Ethereum. Interesting that more and more blockchain projects are embracing $ATOM IBC protocol solution for interoperability standard.


First $DYDX, 2nd $SUSHI, now $ONE... simply said all roads lead to COSMOS 


Is a big migration from Ethereum happening in front of our eyes and are projects starting to migrate to Cosmos? Is appchain the future?

Short answer: YES!


We've predicted this 1 year ago this will start happening and now adoption of $ATOM has never been bigger than today.


Why are projects embracing Cosmos interoperability solution? Short answer is because it is the only battle tested interoperability solution that was never frozen, hacked or had any issues. Every month billions of $ flow through IBC protocol on $ATOM.

DeFI & Global financial infrastructure lacks interoperability solutions. This is also a reason why CBDC's aren't developed yet.


Could an answer to this lie in $ATOM's IBC protocol solution? Maybe 


Bellow I have attached a picture that summarises how many funds were lost due to bad interoperability practices aka bad bridges. As you can see more than 1,3B$ were lost in bridge hacks just this year (2022).


All roads lead to INTERNET OF BLOCKCHAINS $ATOM 





Post image
2 people like this
INVESTMOX Capital
11 Jul, 2022

BREAKING: Report urges central banks to work together on digital currency interoperability 


"The Bank for International Settlements, International Monetary Fund and World Bank say CBDCs should be programmed in advance to avoid interoperability issues."


This is the narrative Cosmos ($ATOM ) has been building out since 2014. Cosmos interoperability is the only battle tested interoperability solution out there that's scalable & decentralised and works out with private appchains or decentralised ones.


Source: https://cointelegraph.com/news/report-urges-central-banks-to-work-together-on-digital-currency-interoperability


Cosmos multichain vision is finaly comming to fruition. Like i've said several times the road will be volatile but the best tech will win in the end. 


I still believe that Cosmos has the most underrated tech in entire crypto. Innovative leading projects on Ethereum have announced in past 2 weeks to start building sovereign appchains on top of Cosmos ($DYDX & $SUSHI )


If you will go deep into the rabbit hole and check our old posts you'll be able to find that ECB has posted in the past a research document for designing it's CBDC solution. Even in that document interoperability was pointed out and Cosmos and Polkadot were one of mentioned solutions.


Source:

https://www.ecb.europa.eu/pub/pdf/other/ecb.20210412_useofdltposttradeprocesses~958e3af1c8.en.pdf


Fun fact is there's no other battle tested interoperability solution in crypto that is scalable the way $ATOM is. Cosmos team has been working in the past on pilot programe "Cosmos cash" a CBDC solution based on Cosmos tech. Market has long forgoten this.


The bear market hasn't changed fundamentals.


The biggest update for $ATOM is happening in less than 3 months and was beeing developed for years. 


We believe Interchain Security will be a game changer upgrade, massively increasing $ATOM utility and this should also lead to price increase.


Good tech/product/service will always get adopted. It can just take a little bit longer than anticipated and the road can be quite bumpy.

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4 people like this

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dYdX Price FAQ

What Is the Highest Price of dYdX (DYDX) in GBP?

dYdX (DYDX) price history shows the highest value of 19.81 GBP. We recorded this price on September 30, 2021, but we cannot exclude that a higher price was registered before September 14, 2021.

What Is the Lowest Price of dYdX (DYDX) in GBP?
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What Is the Current Price of dYdX (DYDX) in GBP?
Is dYdX (DYDX) a good investment?