$1.31
-6.9%
$1.04
24h Range
$1.40
Market Cap
$28,067,650.0
Fully Diluted Valuation
$28,100,851.0
24 Hour Trading Vol
$800.87
Circulating Supply
21,451,031.3
Total Supply
21,451,031.3
Max Supply
∞
Stride Staked DYDX Price
$1.31
24h Range
$1.04 - $1.40
Percent Change 1h
0.11%
Percent Change 24h
-6.9%
Percent Change 7d
14.11%
All-time high
$4.47
All-time low
$0.735
1D
7D
1M
1Y
All
Stride Staked DYDX (STDYDX) is a liquid staking derivative that allows users to stake their DYDX tokens while participating in the decentralized finance (DeFi) ecosystem. The primary purpose of STDYDX is to enhance liquidity for staked DYDX, enabling users to earn staking rewards while maintaining the ability to utilize their assets within the DeFi space. As of early 2024, the Staked DYDX ecosystem has seen significant growth, with over $200 million in total value locked (TVL) across various DeFi protocols.
The Stride protocol was co-founded by a team of experienced professionals in the blockchain and finance sectors. The key figures include:
This team has focused on enhancing the staking experience and liquidity for users through innovative solutions in the DeFi landscape.
Stride Staked DYDX operates on a proof-of-stake (PoS) model, where users can lock their DYDX tokens in the Stride protocol to earn staking rewards. The process involves the following steps:
This mechanism allows users to participate in staking while maintaining access to liquidity, thus optimizing their investment strategies.
Stride Staked DYDX offers several use cases that cater to different needs within the DeFi ecosystem:
These use cases illustrate the versatility and utility of Stride Staked DYDX within the broader DeFi landscape.
Ensuring the safety of your Stride Staked DYDX tokens involves several best practices:
By following these practices, users can better safeguard their investments in Stride Staked DYDX and participate confidently in the DeFi ecosystem.
Investing in Stride Staked DYDX (STDYDX) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Stride Staked DYDX: Once your account is funded, you can purchase Stride Staked DYDX directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Stride Staked DYDX using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Stride Staked DYDX (STDYDX) is currently trading at $1.31 and exhibits good potential for future growth. Check the latest Stride Staked DYDX (STDYDX) price prediction.
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