dYdX Foundation Requests $30M Budget, Pledges to Issue Annual Spending Report
The Foundation wants to preserve an 18-month runway through at least mid-2026.
24H Price
The dYdX price is $3.20, a change of -9.89% over the past 24 hours as of 1:58 a.m. The recent price action in dYdX left the tokens market capitalization at $569.35M. So far this year, dYdX has a change of 8.30%. dYdX is classified as a DeFi under CoinDesks Digital Asset Classification Standard (DACS).
The Foundation wants to preserve an 18-month runway through at least mid-2026.
The latest price moves in crypto markets in context for Jan. 18, 2024.
The decentralized exchange, which last year moved over to the Cosmos blockchain, just saw $757 million of volume over a 24-hour period.
Large unlocking events usually lead to price declines as the increase in supply outpaces investor demand for the asset, The Tie reported earlier this year.
Tim Beiko from the Ethereum Foundation, shares the Importance of the Dencun Upgrade, what are their concerns, and Ethereum's long-term scaling strategy. Read more...
CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN – with up to six decimal places of accuracy. Conversion rates are based on CoinDesk’s Bitcoin Price Index and the price indices of other digital assets. World currency prices are based on rates obtained via Open Exchange Rates.
Diving in deeper on cryptocurrency.