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DerivaDAO (DDX) price, chart, coin profile and news

Find the latest DerivaDAO (DDX) price, coin profile, news and history to get you started with DerivaDAO trading and investing.

DerivaDAO
DDX- USD
$2.56
- $0.02 ( - 0.81%)
DECENTRALIZED-EXCHANGE

What is DerivaDAO?

DerivaDEX is a decentralized exchange for crypto derivatives trading on the Ethereum blockchain, and DDX is its utility token. If the past ‘generation’ of crypto trading were first, the centralised exchanges like Coinbase, then second margin trading platforms like Bitfinex, DerivaDEX presents itself as standard-bearer for the third generation, claiming it blends the benefits of decentralization with the user experience of more seasoned centralized platforms. According to DeFi Rate, the project raised USD$2.7 million in its initial investment round. The trading platform isn’t live yet, but insurance mining and governance apps are. Where does DDX fit into this? Any and all holders are entitled to votes on the course of the project in proportion to their holdings, and they have been able to vote from day one. As the exchange isn’t live yet, DDX tokens are being used as rewards for users who stake stablecoins on DerivaDEX’s platform, which in turn helps the operators grow a liquidity pool for insuring the exchange’s ultimate users’ funds. Some of the terminology can get a bit fuzzy with this project, so for clarity: DerivaDEX is the exchange (or will be), and DerivaDAO is the decentralized autonomous organisation (DAO) that governs it.

DerivaDAO (DDX) is in the top 1,000 cryptocurrencies in the world by market cap, valued at $66,839,630. The current price of DerivaDAO is $2.55, which is -9.860% lower than yesterday. Prices have ranged between $2.87 and $2.47 over the past 24 hours. All prices are listed in US dollars and accurate as of January 26, 2022 10:01 UTC.


DerivaDAO (DDX) price

Use our graph to track the performance of (DDX) over time.

DerivaDAO at a glance

Information last updated January 26, 2022 10:01 UTC.
Coin symbol DDX
Coin Marketcap US$66,839,630
Total DDX supply 52,932,689
Circulating DDX 26,094,664
Current price US$2.55
All time high US$15.28
All time high date August 31, 2021

DerivaDAO price performance over time

Historical prices compared with the price of US$2.55.

1 hour -0.54%
24 hours -9.86%
7 days -27.28%
14 days -28.54%
30 days -42.47%
60 days -50.24%
200 days 1.06%
1 year -72.86%

Disclaimer: Cryptocurrencies, including DerivaDAO, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of DDX is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the DerivaDAO or any other cryptocurrency discussed.

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