DYDX (dYdX) up 27.00% in 24 hours

Gate News reports, July 1st, according to Gate行情, as of press time, DYDX (dYdX) is now at $0.18, up 27.00% in 24 hours, with a high of $0.20 and a low of $0.16, and the current market cap is approximately $154 million.

dYdX is a protocol that allows any financial product to issue and trade ERC20 tokens, using off-chain order books and on-chain settlement to create efficient markets. DYDX is a governance token that allows the dYdX community to hold and govern the dYdX protocol, primarily used for dYdX protocol governance and fee discounts. dYdX exchange is a decentralized perpetual contract exchange that runs on a L2 blockchain system and provides L1 spot/leverage/lending services. dYdX utilizes a hybrid infrastructure model, mainly non-custodial, on-chain settlement, and an off-chain low-latency matching engine with an order book.

This message is not investment advice, and investors should be aware of market volatility risks.