$ 1.6835 USD
$ 1.6835 USD
$ 339.634 million USD
$ 339.634m USD
$ 423.691 million USD
$ 423.691m USD
$ 1.404 billion USD
$ 1.404b USD
214.288 million DYM
Issue Time
2024-01-29
Platform pertained to
--
Current price
$1.6835USD
Market Cap
$339.634mUSD
Volume of Transaction
24h
$423.691mUSD
Circulating supply
214.288mDYM
Volume of Transaction
7d
$1.404bUSD
Change
24h
0.00%
Number of Markets
122
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
+1.91%
1Y
-62.32%
All
-62.32%
Dymension is a blockchain platform that focuses on facilitating fast, scalable, and secure rollup solutions. It aims to enhance the scalability of existing blockchain networks by implementing a multi-dimensional rollup strategy. This approach combines various rollup technologies such as zk-Rollups and Optimistic Rollups to optimize transaction speeds and reduce costs, making blockchain applications more practical for widespread use.
The native token of Dymension, DYM, is utilized within the ecosystem for transaction fees, staking, and governance. Token holders can stake DYM to secure the network and participate in consensus activities. Additionally, they have the power to vote on key protocol upgrades and governance proposals, directly influencing the future direction of the platform.
7 ratings