DDEX Buy Token

www.ddex.io

Total Value Locked

$3.1M

USD Locked

$3.1M

ETH Supply Locked

4,486.18

Blockchain

Ethereum

Change

0.46%

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
  • 05 Aug 2020
  • TVL USD $3,029,375
  • TVL Change $2,989.00
  • Total ETH Locked 4,299 ETH
  • ETH Locked 1d -180.94 ETH
  • 04 Aug 2020
  • TVL USD $3,026,386
  • TVL Change $108,813.00
  • Total ETH Locked 4,480 ETH
  • ETH Locked 1d 229.65 ETH
  • 03 Aug 2020
  • TVL USD $2,917,573
  • TVL Change $-394,817.00
  • Total ETH Locked 4,250 ETH
  • ETH Locked 1d -988.29 ETH
  • 02 Aug 2020
  • TVL USD $3,312,390
  • TVL Change $254,804.00
  • Total ETH Locked 5,238 ETH
  • ETH Locked 1d 86.22 ETH
  • 01 Aug 2020
  • TVL USD $3,057,586
  • TVL Change $84,238.00
  • Total ETH Locked 5,152 ETH
  • ETH Locked 1d 57.33 ETH
  • 31 Jul 2020
  • TVL USD $2,973,348
  • TVL Change $137,931.00
  • Total ETH Locked 5,095 ETH
  • ETH Locked 1d 113.75 ETH
  • 30 Jul 2020
  • TVL USD $2,835,417
  • TVL Change $-10,734.00
  • Total ETH Locked 4,981 ETH
  • ETH Locked 1d -18.39 ETH
  • 29 Jul 2020
  • TVL USD $2,846,151
  • TVL Change $-18,442.00
  • Total ETH Locked 4,999 ETH
  • ETH Locked 1d 142.34 ETH
  • 28 Jul 2020
  • TVL USD $2,864,593
  • TVL Change $-189,745.00
  • Total ETH Locked 4,857 ETH
  • ETH Locked 1d -386.56 ETH
  • 27 Jul 2020
  • TVL USD $3,054,338
  • TVL Change $197,348.00
  • Total ETH Locked 5,244 ETH
  • ETH Locked 1d 161.98 ETH
  • 26 Jul 2020
  • TVL USD $2,856,990
  • TVL Change $161,599.00
  • Total ETH Locked 5,082 ETH
  • ETH Locked 1d 118.09 ETH
  • 25 Jul 2020
  • TVL USD $2,695,391
  • TVL Change $49,889.00
  • Total ETH Locked 4,963 ETH
  • ETH Locked 1d 155.19 ETH
  • 24 Jul 2020
  • TVL USD $2,645,502
  • TVL Change $-2,176.00
  • Total ETH Locked 4,808 ETH
  • ETH Locked 1d 141.68 ETH
  • 23 Jul 2020
  • TVL USD $2,647,678
  • TVL Change $76,658.00
  • Total ETH Locked 4,667 ETH
  • ETH Locked 1d -300.29 ETH
  • 22 Jul 2020
  • TVL USD $2,571,020
  • TVL Change $-55,785.00
  • Total ETH Locked 4,967 ETH
  • ETH Locked 1d -30.50 ETH
  • 21 Jul 2020
  • TVL USD $2,626,805
  • TVL Change $31,212.00
  • Total ETH Locked 4,997 ETH
  • ETH Locked 1d -174.43 ETH
  • 20 Jul 2020
  • TVL USD $2,595,593
  • TVL Change $-108,283.00
  • Total ETH Locked 5,172 ETH
  • ETH Locked 1d -581.15 ETH
  • 19 Jul 2020
  • TVL USD $2,703,876
  • TVL Change $-18,443.00
  • Total ETH Locked 5,753 ETH
  • ETH Locked 1d -35.15 ETH
  • 18 Jul 2020
  • TVL USD $2,722,319
  • TVL Change $62,848.00
  • Total ETH Locked 5,788 ETH
  • ETH Locked 1d -325.53 ETH
  • 17 Jul 2020
  • TVL USD $2,659,471
  • TVL Change $-56,347.00
  • Total ETH Locked 6,114 ETH
  • ETH Locked 1d 85.83 ETH