DDEX Buy Token

www.ddex.io

Total Value Locked

$8.3M

USD Locked

$8.3M

ETH Supply Locked

17,354.31

Blockchain

Ethereum

Change

5.3%

What is ddex?

DDEX is a decentralized Lending and Margin Trading platform, built on Hydro Protocol, a protocol created specifically to facilitate the creation of decentralized exchanges, providing developers with the Hydro SDK, a Software Development Kit. 

The Lending and Borrowing activities DDEX offers are still at a more basic stage with respect to its competitors and, compared to the main dApps that are currently operating in the DeFi world, it is not so populated.

This can be seen from the data on the total liquidity available for lending and the total value of borrowed assets. 

In addition, the tokens supported are only six and the interest rates on deposits are not as competitive as those offered on the market. The highest APR is found on Dai deposits, which is 8.11%.

Interest rates on deposits and loans are automatically regulated by an algorithm based on the supply and demand of the token. 

DDEX also offers a Margin Trading service with leverage ranging from 2 to 5 times the deposited amount; it is also possible to customize it at will, but staying within the range mentioned above. 

How to use ddex?

The number of pairs available for trading is quite limited. It is possible to open a long or short position on ETH/USDT, ETH/USDC, ETH/DAI, WBTC/USDT and HBTC/USDT. 

Furthermore, more experienced investors can find a Pro section on Margin Trading, where it is possible to open three different types of orders: "Limit Order", "Market Order" and "Stop Limit Order". 

By choosing the last one, it is possible to set an automatic buy or sell order on a certain token pair, which will be initiated as soon as the chosen asset reaches the price level previously decided. 

For DeFi fans who like to keep up to date with the ongoing developments of the platform, there are dedicated forums on GitHub and Reddit and the related Discord and Telegram chat groups. 

DDEX Historical Stats

  • Date
  • TVL (USD)
  • TVL Change
  • Total ETH Locked
  • ETH Locked 1d
  • 30 May 2020
  • TVL USD $7,875,598
  • TVL Change $-143,458.00
  • Total ETH Locked 17,620 ETH
  • ETH Locked 1d -1,154.36 ETH
  • 29 May 2020
  • TVL USD $8,019,056
  • TVL Change $225,325.00
  • Total ETH Locked 18,774 ETH
  • ETH Locked 1d 30.56 ETH
  • 28 May 2020
  • TVL USD $7,793,731
  • TVL Change $1,193,201.00
  • Total ETH Locked 18,744 ETH
  • ETH Locked 1d -279.58 ETH
  • 27 May 2020
  • TVL USD $6,600,530
  • TVL Change $-141,491.00
  • Total ETH Locked 19,023 ETH
  • ETH Locked 1d 503.52 ETH
  • 26 May 2020
  • TVL USD $6,742,021
  • TVL Change $-70,955.00
  • Total ETH Locked 18,520 ETH
  • ETH Locked 1d -287.77 ETH
  • 25 May 2020
  • TVL USD $6,812,976
  • TVL Change $-8,092.00
  • Total ETH Locked 18,808 ETH
  • ETH Locked 1d 4.50 ETH
  • 24 May 2020
  • TVL USD $6,821,068
  • TVL Change $5,413.00
  • Total ETH Locked 18,803 ETH
  • ETH Locked 1d 189.69 ETH
  • 23 May 2020
  • TVL USD $6,815,655
  • TVL Change $265,995.00
  • Total ETH Locked 18,613 ETH
  • ETH Locked 1d 2.07 ETH
  • 22 May 2020
  • TVL USD $6,549,660
  • TVL Change $5,589.00
  • Total ETH Locked 18,611 ETH
  • ETH Locked 1d 190.72 ETH
  • 21 May 2020
  • TVL USD $6,544,071
  • TVL Change $-28,464.00
  • Total ETH Locked 18,421 ETH
  • ETH Locked 1d -90.87 ETH
  • 20 May 2020
  • TVL USD $6,572,535
  • TVL Change $1,229,443.00
  • Total ETH Locked 18,512 ETH
  • ETH Locked 1d 177.98 ETH
  • 19 May 2020
  • TVL USD $5,343,092
  • TVL Change $-695,738.00
  • Total ETH Locked 18,334 ETH
  • ETH Locked 1d -24.06 ETH
  • 18 May 2020
  • TVL USD $6,038,830
  • TVL Change $13,174.00
  • Total ETH Locked 18,358 ETH
  • ETH Locked 1d -405.31 ETH
  • 17 May 2020
  • TVL USD $6,025,656
  • TVL Change $155,307.00
  • Total ETH Locked 18,763 ETH
  • ETH Locked 1d -97.12 ETH
  • 16 May 2020
  • TVL USD $5,870,349
  • TVL Change $-191,539.00
  • Total ETH Locked 18,860 ETH
  • ETH Locked 1d -98.72 ETH
  • 15 May 2020
  • TVL USD $6,061,888
  • TVL Change $37,186.00
  • Total ETH Locked 18,959 ETH
  • ETH Locked 1d 861.45 ETH
  • 14 May 2020
  • TVL USD $6,024,702
  • TVL Change $302,062.00
  • Total ETH Locked 18,097 ETH
  • ETH Locked 1d 138.87 ETH
  • 13 May 2020
  • TVL USD $5,722,640
  • TVL Change $438,152.00
  • Total ETH Locked 17,958 ETH
  • ETH Locked 1d -1,986.78 ETH
  • 12 May 2020
  • TVL USD $5,284,488
  • TVL Change $432,347.00
  • Total ETH Locked 19,945 ETH
  • ETH Locked 1d 2,380.49 ETH
  • 11 May 2020
  • TVL USD $4,852,141
  • TVL Change $-530,725.00
  • Total ETH Locked 17,565 ETH
  • ETH Locked 1d 2,530.58 ETH