Token Comparison

Overview of the potential functionality and utility of ethDYDX, stkDYDX, wethDYDX, and dYdX Chain DYDX

Ticker	ethDYDX	stkDYDX	wethDYDX	DYDX
Chain	Ethereum	Ethereum	Ethereum	dYdX Chain
Token Name	Ethereum DYDX	Staked DYDX	Wrapped Ethereum DYDX	DYDX
Token Type	ERC-20	ERC-20	ERC-20	Custom
Utility	❌ Fee Discounts ✅Transferable	❌ Fee Discounts ✅Transferable	❌ Fee Discounts ✅Transferable	✅DYDX-denominated Transaction / Chain Gas Fees ✅Transferable
Governance/Voting	✅v3 Governance Contracts + Protocol Param	✅v3 Governance Contracts + Protocol Param	✅v3 Governance Contracts + Protocol Param	✅ dYdX Chain Protocol Parameters + x/gov module
Staking	✅Safety Module	✅Safety Module ✅Can be slashed by dYdX v3 governance	❌ Safety Module	✅ dYdX Chain Validators
Status	In circulation.	In circulation.	Adoption of wethDYDX to be determined by dYdX community through dYdX Governance in an on-chain governance vote.	dYdX Chain validators to mint DYDX on the dYdX Chain
Amount	1 Billion*	3M (etherscan)	Max: 1 Billion*	1 Billion*

*subject to dYdX governance