Dynamite logo



8/11/2022, 8:13:22 AM

Keep an eye on Dynamite

Get instant alerts for major price changes.


Market stats

Market cap


Volume (24h)


Circulating supply

385.6K DYNMT

All time high


Price change (1h)


Price change (24h)


Price change (7d)


Sign up now to get up to $400 in rewards

Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.


Dynamite is on the rise this week.

The price of Dynamite has risen by 49.76% in the past 7 days. The price increased by 1.14% in the last 24 hours. In just the past hour, the price shrunk by 0.50%. The current price is $0.017131 per DYNMT. Dynamite is 99.57% below the all time high of $4.00.

The current circulating supply is 385,550.8 DYNMT.


What Is Dynamite (DYNMT)?

Dynamite (DYNMT) is an open-source, community-based social experiment that focuses on learning and interacting with others. A token holder's participation in this experiment does not entitle them to or promise any dividends or financial rewards. In any jurisdiction, tokens do not constitute securities. 

According to its whitepaper, the aim of the platform is:

  • To maintain a project actively supported by the public and whose results lead to potential academic studies.

  • To cooperate with academic staff in this regard.

  • To create the best results from the community and connect the experience to a more significant project. 

  • To address the issue of token velocity with a 2 percent burn rate, where the token velocity is evaluated by the total value of transactions divided by the average value of transactions. The term burn signifies a mechanism of removing the token from supply to keep the price of the token stable.   

Further, to support this social experiment, the platform launched its token DYNMT. The DYNMT is a deflationary token that functions on Ethereumprotocol that uses ERC-20blockchain infrastructure. The deflationary nature signifies that the total supply decreases for the token with every transaction. According to its whitepaper, Dynamite token smart contract burns 2 percent per transaction. For example, each time one hundred DYNMT are transferred, two DYNMT are burned. The process of burning crypto means permanently removing tokens from circulation. Additionally, the token facilitates the community to develop use cases of the token, removing the DYNMT team's control to influence the token value.

History of Dynamite (DYNMT)

The Dynamite platform started its journey on June 21, 2019. According to its website, Dynamite Token was designed as a public service project without profit motives and activities such as ICOs (initial coin offering) and IEO (initial exchange offering). The main motive of DYNMT to avoid such activities was to raise funds for the project. Because of these non-activity reasons, the team cannot guarantee participants’ profit in the IEO process and instead launched airdrops to introduce new members to DYNMT. Further, the platform intends to make 540,000 tokens available at no cost to the public, with an initial supply of 900,000 DYNMT tokens in the Dynamite project.

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 8 are the closest to Dynamite in market cap.

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Coinbase Bytes article