Token · ETHDYDX · Rank #1,743
Owning ETHDYDX: Uses, Wallets and Risks
ETHDYDX is dYdX’s Ethereum-issued token, distinct from native DYDX on dYdX Chain. Know which token you hold before using a wallet, governance feature or migration route.
Market data
ETHDYDX market data
- Market cap
- $4.53M
- Rank #1,743
- Fully diluted value
- $72.7M
- Volume (24h)
- $1.96M
- Change 7d / 30d
- −11.1% / −31.2%
- Change 1y
- −72.2%
- Circulating supply
- 48.64M
- Total / max supply
- 780.14M / 1B
- All-time high
- $27.86
- Sep 29, 2021
- All-time low
- $0.0789
- Mar 7, 2026
## What does holding ETHDYDX give you?
What does holding ETHDYDX give you?
ETHDYDX is dYdX’s token issued on Ethereum. It is associated with the dYdX exchange ecosystem, but owning it does not itself give you a trading account, guarantee fee discounts or produce income. Token roles and benefits can depend on which dYdX product and version you use.
ETHDYDX is the Ethereum token, not the same thing as the native DYDX used on dYdX Chain. That distinction matters if you are checking governance, staking or other current token functions: do not assume that a feature for native DYDX also applies to ETHDYDX. Before taking action, check which token and network a dYdX proposal or product supports. Token prices can also change sharply, so treat ETHDYDX as a volatile crypto asset rather than a claim on exchange revenue.
## Which chain and wallet support ETHDYDX?
Which chain and wallet support ETHDYDX?
ETHDYDX is issued on Ethereum, so you need a wallet that supports Ethereum tokens. A self-custody wallet can hold it if you add or identify the correct token contract; verify the contract through dYdX’s official channels rather than trusting a token name or search result. Ethereum transactions also require ETH to pay network gas.
Do not confuse an Ethereum address holding ETHDYDX with an account on dYdX Chain. The two networks have different transaction systems, and sending a token directly to an incompatible address or service can make it difficult or impossible to recover. ETHDYDX has been associated with a route for moving value to dYdX Chain’s native DYDX, but the supported process and eligibility can change. Check the current official migration instructions before bridging or converting, and test with a small amount if the route allows it.
## How much ETHDYDX exists?
How much ETHDYDX exists?
The stated maximum supply is 1 billion ETHDYDX. As of 2026-11-08, the reported circulating supply was about 48.6 million, with total supply about 780.1 million. Circulating supply is the portion counted as available in the market; it is not the same as total or maximum supply. These figures can change as tokens are released, moved or reclassified.
A large gap between circulating and total supply can matter to holders because tokens entering circulation may affect liquidity and market price. The project’s current release schedule and the amount available to trade are worth checking before you make decisions. The figures above are not a forecast, and a low token price does not by itself show whether an asset is cheap or valuable. Avoid relying on old supply figures when assessing ETHDYDX.
## How can you store ETHDYDX, and what can go wrong?
How can you store ETHDYDX, and what can go wrong?
For self-custody, use a reputable Ethereum-compatible wallet. A hardware wallet can keep signing keys offline, while a software wallet may be more convenient for interacting with apps. Either way, back up the recovery phrase offline, never share it, and check the network and recipient address before signing or sending. A wallet balance display alone does not confirm that a token is genuine.
Key risks include price volatility, changes to token utility, thin liquidity, and confusion between ETHDYDX and native DYDX. Bridging or conversion adds smart-contract and operational risks; a mistaken transfer or malicious approval can also cost you funds. Review transaction details and revoke token approvals you no longer need. Do not sign a transaction simply because a site or message claims your tokens must be migrated immediately. ETHDYDX is not a bank deposit, and self-custody means you are responsible for protecting your keys.
By the numbers
dYdX in numbers
dYdX (ETHDYDX) is ranked #1,743 by market capitalisation, with a market cap of about $4.53M and a price of $0.0933 as of Nov 8, 2026. Its fully diluted valuation is $72.7M, so roughly 6% of the eventual supply is in circulation today; tokens still to be released could add selling pressure.
The price was down 11.1% over 7 days, down 31.2% over 30 days, down 72.2% over the past year. It trades about 100% below its all-time high of $27.86, set on Sep 29, 2021.
About 48.64M ETHDYDX are in circulation out of a maximum supply of 1B (5% issued).
24-hour trading volume was about $1.96M, or 43% of its market cap: very high turnover.
ETHDYDX has token contracts on Ethereum. Always check the contract address before buying or bridging: copycat tokens often reuse a well-known name and ticker.
CoinGecko groups ETHDYDX under DEX tokens, Exchange tokens.
Where it runs
ETHDYDX chains and contract addresses
| Chain | Contract |
|---|---|
| Ethereum | 0x92d6c1…6beff5 |
Contract addresses as listed by CoinGecko. Verify them on the project's own channels before sending funds.
Similar tokens
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ETHDYDX FAQs
Is ETHDYDX the same as DYDX?
ETHDYDX is the token issued on Ethereum. Native DYDX is used on dYdX Chain. Their network and supported functions can differ, so check which token a particular dYdX feature requires.
What wallet can hold ETHDYDX?
Use an Ethereum-compatible wallet and verify the token contract through dYdX’s official channels. Keep ETH in the wallet to cover Ethereum gas, and confirm the receiving network before sending.
Can I convert ETHDYDX to native DYDX?
A route for moving ETHDYDX to dYdX Chain’s native DYDX has been associated with the tokens, but instructions and eligibility can change. Check dYdX’s current official migration process before approving a bridge or conversion.
What is the supply of ETHDYDX?
The stated maximum supply is 1 billion. As of 2026-11-08, circulating supply was about 48.6 million and total supply about 780.1 million; these amounts can change.
Does holding ETHDYDX earn rewards?
No. Holding ETHDYDX does not by itself guarantee income, trading access or a particular fee benefit. Check the current terms of the specific dYdX product or governance process you plan to use.
What is the market cap of dYdX?
As of Nov 8, 2026, dYdX had a market cap of about $4.53M, ranking #1,743 among cryptocurrencies by market capitalisation. Market cap is price multiplied by circulating supply, so it moves with the price.
What is the all-time high of ETHDYDX?
dYdX's all-time high is $27.86, reached on Sep 29, 2021. Its all-time low is $0.0789 (Mar 7, 2026). Past prices say nothing about future returns.
What is the circulating supply of ETHDYDX?
As of Nov 8, 2026, about 48.64M ETHDYDX were in circulation, against a maximum supply of 1B.
Which blockchains is ETHDYDX on?
It has token contracts on Ethereum.