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DerivaDAO DDX

DerivaDAO Price (DDX)
$0.0480
5.21% Buy DDX Now

0.0000136 ETH

0.000000728 BTC

Buy DDX Now
Low: $0.0480
High: $0.0512
24h
Market Cap
$1,251,948
5.21%
Fully Diluted Market Cap
$4,797,716
5.21%
Volume
24h
$36
4.51%
Volume / Market Cap
0.0000286
Circulating Supply
26,094,664 DDX
26.09%
Max Supply
100,000,000
Total Supply
50,297,306

DerivaDAO (DDX) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.07%

Joined at May 18, 2020

Following

248

0.00%

Tweet count

1,065

0.28%

DerivaDAO reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official DerivaDAO (DDX) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

DerivaDAO telegram
Telegram Stats

Members

-

Title

-

Currently, official DerivaDAO (DDX) Telegram Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

DerivaDAO traffic
Website Traffic
Visit Website

Website Rating (DR)

45 / 100

4.65%

Ahrefs Rank

1,102,718

14.29%

Organic Traffic (mo.)

0

DerivaDAO github
GitHub Organization

Public repos

-

Type

-

Currently, official DerivaDAO (DDX) GitHub Organization account doesn’t exist or wasn’t submitted. 🔆 Submit Now

DerivaDAO github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official DerivaDAO (DDX) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆 Submit Now

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 9,024


Live DDX Price Analysis

The current real time DerivaDAO price is $0.0480, and its trading volume is $36 in the last 24 hours. DDX price has plummeted by 5.21% in the last day, and decreased by 0.85% in the last 7 days. It’s important to note that current DerivaDAO market capitalization is $1,251,948, and the maximum supply is 100,000,000 DDX coins. Talking about circulating supply, DDX has 26,094,664 coins. Currently, DerivaDAO rank on the market is #1377.

DerivaDAO price today is 99.77% below all time high, and it is 220.27% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling DDX are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What Is Deriva DAO (DDX)?

DDX is the native token of Deriva DAO, which is an Ethereum-based decentralized derivatives exchange. Deriva DAO provides users with high-frequency trading, which is made possible by achieving sub-second transaction finality. Besides, it has a chart that shows real-time derivative prices. Though if you want to see the live DDX price, check out the Deriva DAO price chart featured above.

The Deriva DAO exchange is not like most exchanges because it employs its own DerivaDEX operator network to manage the trading process, instead of a certain public blockchain. DerivaDEX is a custom Layer 2 sidechain that consists of operators executing code and validating transactions. Since the DerivaDEX network employs Raft, operators have to send hashes of complete exchange state to Ethereum in order to prove that orders and transactions are valid.

Besides that, the DerivaDEX network is also responsible for managing two types of security funds – staked insurance funds and organic funds. They are used to protect traders against auto-deleveraging.

Furthermore, to solve user experience and liquidity issues that some other DEXs face, Deriva DAO uses an order book system. An order book is a tool that displays a list of active orders for a specific asset in real time. Order books include an area for bidding and asking, a list of buyers and sellers, and other details on the trading of that specific asset.

All in all, Deriva DAO manages to provide users with a non-custodial centralized exchange functionality. However, the order flow on Deriva is not under the control of a centralized order sequencer as it would be the case with a centralized exchange.

Besides, it’s important to note that the Ethereum network serves as the custodian and security provider for all of Deriva's funds. In addition to that, Quantstamp audits Deriva’s smart contracts.

Who Founded Deriva DAO?

The Deriva DAO was founded by Aditya Palepu. He has a degree in electrical and computer engineering. Before founding Deriva DAO, he was a credit trading summer analyst at J.P. Morgan, an algorithmic trader at DRW, and a software engineer at Enigma. Besides, he was an explorer intern at Microsoft at a certain point during his studies.

Use Cases of DDX Tokens

The main purpose of DDX tokens is governance, since Deriva is governed using a model of a decentralized autonomous organization (DAO). This means that DDX holders have the right to vote on upcoming changes to the Deriva DAO crypto project.

However, besides that, DDX tokens can be used for staking (this way earning more DDX tokens) and for reducing transaction fees. In terms of staking, Deriva enables insurance mining, which means that users help raise funds for the Deriva insurance fund by staking DDX tokens.

Tokenomics of DDX

The max supply of Deriva DAO tokens is 100 million. Half of it was distributed between the team, the Deriva DAO foundation, investors, and advisors, while the other half will be distributed through liquidity mining.

If you’re considering investing in Deriva DAO coins, make sure to analyze the DDX price chart featured above. This will help you determine the main changes in the Deriva DAO price and make more informed purchasing decisions.

What's DerivaDAO trading volume in the last 24 hours?

DDX has a trading volume of $36 in the last 24 hours.

What's DerivaDAO highest price ever?

DDX has a highest price of $20.76, which was reached on Jan 24, 2021 (3 years 4 months ago).

What's DerivaDAO lowest price ever?

DDX has a lowest price of $0.0150, which was reached on Apr 27, 2024 (1 month 3 weeks ago).

What are the best exchanges for buying and selling DDX?

Currently, the most active and dominating exchanges for buying and selling DerivaDAO are Binance, Kraken & Kucoin. The most popular DerivaDAO trading pairs are DDX/BNT (on Bancor Network ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping DDX?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping DerivaDAO. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

DerivaDAO project's Circulating Supply has been verified and is equal to:

Circulating Supply

26,094,664 DDX

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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