Possible References for “DVDX Coin”: Derived (DVDX) and dYdX (DYDX)
When referring to “DVDX coin,” due to the similarity in spelling, users may be searching for two different cryptocurrencies: one is a token called Derived, with the ticker symbol DVDX; the other is DYDX, the governance token of the decentralized derivatives exchange dYdX.Given the significant difference in market activity between the two, they will be introduced separately below.
Derived (DVDX) Token Overview
Derived (DVDX) is a cryptocurrency launched in 2021. According to public information, it is classified as a digital asset. However, as of this writing, Derived (DVDX) exhibits extremely low market activity, with its 24-hour trading volume typically displayed as N/A or near zero, reflecting its lack of liquidity.
- Token Information: The maximum supply is 1 billion DVDX. Data on the circulating supply is insufficient or shown as 0. CoinMarketCap previously reported a circulating supply of 235,496,515 DVDX, but given the lack of trading activity, this figure is for reference only.
- Market Performance: Due to the lack of trading volume, its price and market capitalization data are often difficult to measure accurately or are displayed as values close to zero.
Derived (DVDX) Trading Platforms
Derived (DVDX) has very limited tradability on major cryptocurrency exchanges. For example, Coinbase explicitly states that it does not offer trading services for Derived (DVDX) on its platform.Some sources mention that Derived (DVDX) may be tradable via Crypto.com’s decentralized product, Onchain; however, users must verify its availability themselves.
dYdX (DYDX) Token Overview
dYdX is a well-known decentralized derivatives exchange (DEX) focused on perpetual contracts and margin trading. The platform utilizes smart contract technology to provide users with a secure, non-custodial trading environment that supports leveraged trading of cryptocurrencies.Founded in August 2017, dYdX initially operated on theEthereumblockchain and began a phased migration in October 2023 to its proprietary dYdX Chain, developed using the Cosmos SDK, with the aim of providing faster transaction speeds and lower fees.dYdX Chain employs an order book model rather than the traditional automated market maker (AMM) model to meet the needs of professional traders.
The DYDX token is the native token of the dYdX platform and serves primarily as a governance token. DYDX holders can participate in the protocol’s governance decisions, vote on the platform’s future direction, and earn rewards through staking activities.
- Platform Features: The dYdX platform offers a variety of advanced trading options, including perpetual contracts, margin trading, spot trading, and lending.
- Token Information: As of this writing, the circulating supply of DYDX is approximately 848,606,520 DYDX, with a total supply of 1 billion DYDX.
- Market Performance: As of this writing, DYDX has active trading volume and market capitalization, with an all-time high of $4.52 (as of May 18, 2026).
dYdX (DYDX) Trading Platform
The DYDX token can be traded on several major cryptocurrency exchanges, including:
- Binance (Binance)
- OKX
- HTX (Huobi)
- Kraken
- Gate.io
In addition, users can also trade directly on the dYdX platform or participate in its ecosystem activities.
