🪙Token Comparison

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

TickerethDYDXstkDYDXwethDYDXDYDX

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*

Max: 1 Billion*

1 Billion*

*subject to dYdX governance

Last updated