The current price of Dymension (DYM) today is 0.2603 USD with a current market cap of -- USD. DYM to USD price is updated in real-time. Key Dymension Market Performance: - 24-hour trading volume is $ 1.04M USD - Dymension price change within the day is -8.33% - It has a circulating supply of -- USD
Get real-time price updates of the DYM to USD price on MEXC. Stay informed with the latest data and market analysis. It is essential for making smart trading decisions in the fast-paced cryptocurrency market. MEXC is your go-to platform for accurate DYM price information.
DYM Price Performance USD
Track the price changes of Dymension for today, 30 days, 60 days, and 90 days:
Period
Change (USD)
Change (%)
Today
$ -0.023671
-8.33%
30 Days
$ -0.0792
-23.33%
60 Days
$ -0.5235
-66.79%
90 Days
$ -1.1797
-81.93%
DYM Price Information
Explore the latest pricing details of Dymension: 24h Low & High, ATH and daily changes:
$ 0.2584
$ 0.2584$ 0.2584
$ 0.2882
$ 0.2882$ 0.2882
$ 8.721
$ 8.721$ 8.721
-0.12%
-8.33%
-28.65%
DYM Market Information
Dive into the market statistics: market cap, 24h volume, and supply:
--
----
$ 1.04M
$ 1.04M$ 1.04M
--
----
What is Dymension (DYM)
Dymension is a decentralized Delegated Proof-of-Stake L1 blockchain secured by the DYM token. It is custom built to provide RollApps with security, interoperability, and liquidity.
Dymension is available on MEXC, providing you with the convenience of purchasing, holding, transferring, and staking the token directly on our platform. Whether you are a seasoned investor or a newcomer to the world of cryptocurrencies, MEXC offers a user-friendly interface and a variety of tools to manage your Dymension investments effectively. For more detailed information about this token, we invite you to visit our digital asset introduction page.
Additionally, you can: - Check DYM staking availabilityto see how you can earn rewards on your holdings. - Read reviews and analytics about Dymension on our blog to stay informed about the latest market trends and expert insights.
Our comprehensive resources are designed to make your Dymension buying experience smooth and informed, ensuring you have all the tools and knowledge needed to invest confidently.
Dymension Price Prediction
Cryptocurrency price predictions involve forecasting or speculating on the future values of cryptocurrencies. These forecasts aim to predict the potential future worth of specific cryptocurrencies, such as Dymension, Bitcoin, or Ethereum. What will be the future price of DYM? How much will it be worth in 2026, 2027, 2028, and up to 2050? For detailed prediction information, please check out our Dymension price prediction page.
Dymension Price History
Tracing DYM's price trajectory provides valuable insights into its past performance and helps investors understand the factors influencing its value over time. Understanding these historical patterns can offer valuable context for assessing DYM's potential future trajectory. For detailed price history information, please check out our Dymension price history page.
How to buy Dymension (DYM)
Looking for how to buy Dymension? The process is straightforward and hassle-free! You can easily purchase Dymension on MEXC by following our step-by-step How to Buy guide. We provide you with detailed instructions and video tutorials, demonstrating how to sign up on MEXC and use the various convenient payment options available.
Join trading of DYM Perpetual Futures
Once you sign up on MEXC and acquire USDT or DYM tokens, you can begin trading in derivative products like Dymension futures, which offer the potential for increased earnings. With over 6 years of expertise in futures products and operations, MEXC is recognized for being number one in global liquidity. Experience the advantage of up to 50X leverage, along with more comprehensive and narrower spreads.
What are Dymension Futures?
Dymension futures contracts are legal agreements to buy or sell Dymension at a predetermined price on a specified future date. These contracts serve as a representation of the Dymension cryptocurrency token, meaning that the actual settlement, which could be either in Dymension or cash, will take place in the future when the contract reaches its maturity and is exercised.
Earn more from Dymension Price Fluctuations with Futures
One of the main reasons you can earn more with futures is due to leverage. Leverage allows traders to control larger positions with relatively smaller amounts of capital, amplifying potential gains. For example, with 10x leverage, a 10% increase in the price of Dymension can result in a 100% profit on the initial margin. However, it's important to note that leverage also increases the risk, as losses can be magnified in the same way.
How to Start?
If you're new to derivative trading and unsure where to begin, delve into our comprehensive articles on MEXC Learn. You'll find detailed guides that walk you through the process of executing futures trades successfully, providing step-by-step instructions and insights into market analysis, risk management, and trading strategies. These resources are designed to equip you with the knowledge and confidence needed to navigate the complexities of futures trading, make informed decisions, and potentially maximize your earnings.
Dymension Resource
For a more in-depth understanding of Dymension, consider exploring additional resources such as the whitepaper, official website, and other publications:
Dymension (DYM) is a pioneering Web3 technology that introduces a network of high-speed, modular blockchains called RollApps. These RollApps are designed to be easily deployable, providing a streamlined approach for creating diverse blockchain applications. The core innovation of Dymension lies in its RollApp Development Kit (RDK), which offers developers a robust toolkit to expedite the building process of these applications.
How do RollApps work in Dymension?
RollApps are a key component of the Dymension network, which is pioneering a breakthrough in Web3 technology. These RollApps are high-speed, modular blockchains that are easily deployable and offer a streamlined approach for creating diverse blockchain applications. The RollApp Development Kit (RDK) provides developers with a robust toolkit to expedite the building process of these applications.
How does Dymension address the blockchain scaling trilemma?
Dymension addresses the blockchain scaling trilemma by introducing RollApps, which are high-speed, modular blockchains that offer a streamlined approach for creating diverse blockchain applications. These RollApps use Elastic Block Production (EBP) to produce blocks on-demand, reducing network load and improving efficiency. This approach enhances scalability by only creating blocks when there are transactions to be processed, avoiding unnecessary resource consumption during periods of low activity.
What is the role of validators in the Dymension network?
Validators play a crucial role in the Dymension network by securing the RollApps, which are the individual, application-specific blockchains deployed on the network. Validators participate in block production and are responsible for maintaining the network's security and decentralization. They validate, order, and process transactions within a RollApp, providing immediate state updates upon transaction submission. Validators also batch and publish transaction blocks to peer nodes and on-chain data availability networks, adopting an optimistic approach to state validation. This means that the network can challenge and correct any fraudulent or incorrect transactions, adding an extra layer of security.
How does Dymension ensure the security and integrity of RollApps?
Dymension ensures the security and integrity of RollApps through several key mechanisms. Firstly, RollApps are secured by the validators of the Dymension network, which uses a Delegated Proof of Stake (DPoS) mechanism. This ensures that only trusted validators participate in block production and transaction processing, maintaining the network's security.
Additionally, RollApps utilize a form of optimistic rollups where state root updates are accepted by the Dymension Hub optimistically but can be reverted if proven invalid. This adds an extra layer of security by allowing the network to challenge and correct any fraudulent or incorrect transactions.
What is the role of the DYM token in the Dymension ecosystem?
The DYM token plays a crucial role in the Dymension ecosystem. It serves as the native cryptocurrency and is used for various purposes within the network.
Firstly, the DYM token is used for transaction processing. It is required to pay for the costs associated with cross-chain data and asset transfers, enabling seamless interoperability and communication between different blockchain networks within the Dymension ecosystem.
Secondly, the DYM token is used for staking and securing the network. Validators in the Dymension network stake DYM tokens to participate in block production and maintain the network's security and decentralization. Token holders can also delegate their DYM tokens to validators, incentivizing network security and integrity.
Additionally, the DYM token grants governance rights to token holders. They can participate in decision-making processes regarding the future development of the Dymension ecosystem by voting on proposals related to network upgrades, policy changes, and resource allocation.
Furthermore, the DYM token can be used within the Automated Market Maker (AMM) framework on the Dymension Hub. Token holders can contribute to liquidity pools, potentially earning rewards for providing liquidity and facilitating efficient asset exchange and price discovery within the ecosystem.
How does Dymension achieve interoperability between different blockchain ecosystems?
Dymension achieves interoperability between different blockchain ecosystems through its unique approach to connecting various RollApps and its integration with the Inter-Blockchain Communication (IBC) protocol. Unlike traditional blockchain platforms that operate in silos, Dymension acts as a hub that enables seamless interoperability and communication between different blockchain ecosystems. RollApps, which are modular, application-specific blockchains deployed on the Dymension network, can interact with other IBC-enabled chains via the Dymension Hub, facilitating a cohesive and interconnected Web3 experience.
Additionally, Dymension's use of elastic block production (EBP) ensures that blocks are produced efficiently in response to network activity, reducing operational costs for RollApp Sequencers and enhancing the overall user experience. This approach addresses the scalability challenge and allows for the efficient transfer of data and value between chains.
How does the supply of DYM tokens adjust based on staking dynamics?
The supply of DYM tokens adjusts based on staking dynamics in order to maintain a balance between network security and token supply. When more DYM tokens are staked, the issuance rate of new tokens decreases, and when fewer tokens are staked, the issuance rate increases. This adjustment mechanism ensures that the network remains secure by incentivizing token holders to stake their tokens and participate in the validation process.
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