Halal Rating :
Last Price $2.37 Last updated:
Rank 85
1D Change -3.32 %
Market Cap $434.96m
Circulating supply 183,765,523
Maximum supply 1,000,000,000

Crypto Overview

  • DeFi
  • Derivatives
  • Zero Knowledge Proofs
  • Three Arrows Capital Portfolio
  • Paradigm Portfolio
  • Spartan Group

dYdX token is a governance token for the dYdX exchange protocol. Past users of the protocol who trades on margin or on decentralized perpetual swaps are eligible to earn retroactive rewards.

Crypto Impact

To assign a comfort level investing in dYdX from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to dYdX.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating