$ 1.2346 USD
$ 1.2346 USD
$ 258.896 million USD
$ 258.896m USD
$ 11.097 million USD
$ 11.097m USD
$ 60.484 million USD
$ 60.484m USD
201.714 million DYM
Issue Time
2024-01-29
Platform pertained to
--
Current price
$1.2346USD
Market Cap
$258.896mUSD
Volume of Transaction
24h
$11.097mUSD
Circulating supply
201.714mDYM
Volume of Transaction
7d
$60.484mUSD
Change
24h
0.00%
Number of Markets
114
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
+1.11%
1Y
-73.77%
All
-73.77%
Dymension is a blockchain platform that focuses on facilitating fast, scalable, and secure rollup solutions. It aims to enhance the scalability of existing blockchain networks by implementing a multi-dimensional rollup strategy. This approach combines various rollup technologies such as zk-Rollups and Optimistic Rollups to optimize transaction speeds and reduce costs, making blockchain applications more practical for widespread use.
The native token of Dymension, DYM, is utilized within the ecosystem for transaction fees, staking, and governance. Token holders can stake DYM to secure the network and participate in consensus activities. Additionally, they have the power to vote on key protocol upgrades and governance proposals, directly influencing the future direction of the platform.
By leveraging advanced rollup technology, Dymension addresses critical scalability challenges faced by many blockchain networks today. This innovative approach not only improves transaction throughput but also ensures that Dymension remains a cutting-edge solution in the evolving landscape of blockchain technology.
7 ratings