Founded in 2020, DEX Labs launched the DerviaDEX. DEX Labs was founded by Aditya Palepu. Palepu, CEO of DEX Labs, is a blockchain enthusiast. He has formerly worked as a DRW algorithm trader.

As per the website, the platform supports staking and allows holders to stake their tokens to earn new DDX tokens. Holders can stake their tokens in the insurance mining program available on the platform. In return, users will earn a share of DDX tokens proportional to their stake. Users can claim their DDX tokens at any time by paying an unstaking fee of 0.5%.

The maximum total supply of DDX tokens is capped at 100 million.

The DDX token is available on several decentralized & centralized exchanges, like Coinbase. Coinbase is an easy-to-use and beginner-friendly platform for trading, storing, and converting DDX tokens.

We update our DerivaDAO to GBP currency in real-time. Get the live price of DerivaDAO on Coinbase.

The current market cap of DerivaDAO is £1.217M. A high market cap implies that the asset is highly valued by the market.

The all-time high of DerivaDAO is £15.41. This all-time high is highest price paid for DerivaDAO since it was launched.

Over the last 24 hours, the trading volume of DerivaDAO is £4.467.

Assets that have a similar market cap to DerivaDAO include OORT, Sandisk Corporation Tokenized Stock (Coinbase), iShares 0-3 Month Tokenized Treasury Bond ETF (Robinhood), and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of DerivaDAO is 26 million.

DerivaDAO ranks 253 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 88% of Coinbase users are buying DerivaDAO. In other words, 88% of Coinbase customers have increased their net position in DerivaDAO over the past 24 hours through trading.