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Dymension Price
Dymension price

Dymension Price(DYM)

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DYM
1 DYM =
EUR €2.918241
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Last updated 2024/06/04 02:38 (UTC)
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€ 2.918241
-7.23%
1D
Page last updated: 2024-06-04 02:38 (UTC+0)
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Price of DYM today

The live price of Dymension is € 2.918241 per (DYM / EUR) with a current market cap of € 426.06M EUR. 24-hour trading volume is € 37.49M EUR. DYM to EUR price is updated in real-time. Dymension is -7.23% in the last 24 hours with a circulating supply of 146.00M.
DYM Price History EUR
Date ComparisonAmount Change% Change
Today€ -0.227539-7.23%
30 Days€ -0.02219-0.75%
60 Days€ -1.798672-38.13%
90 Days€ -2.341392-44.52%

DYM Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: € 2.865485
High: € 3.160468
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
€ 7.944005
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
+1.11%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
-7.23%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+2.27%
The percent change in trading volume for this asset compared to 7 days ago.

DYM Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#151
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
€ 426.06M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
€ 37.49M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
146.00M
14.36%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
1.02B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
€ 2.97B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

About Dymension (DYM)

Dymension simplifies the world of blockchain with a clear and unified approach, using the Inter-Blockchain Communication (IBC) protocol to make rollups work together seamlessly and securely. It creates a better space for what are called RollApps—modular blockchains that can be easily deployed and managed. By focusing on security, scalability, and ease of use, Dymension is designed to improve how users and developers interact within the crypto ecosystem, encouraging a well-connected network of rollups.

Dymension connects RollApps to a central platform called the Dymension Hub. This not only keeps assets safe but also uses outside networks to share transaction information, meaning RollApps don't need their own security validators. This method cuts through the complexity of launching and managing rollups, offering a straightforward experience compared to older Layer 2 solutions that rely on inconsistent and often unsafe bridging methods. By standardizing how rollups talk to each other with the IBC protocol, Dymension ensures a high level of security and makes it easier for different blockchain networks to work together.

Dymension aims to stand out by integrating features that support the smooth exchange of assets and efficient movement of tokens within its network. This is further enhanced by its ability to verify transactions through external networks, ensuring both scalability and reliability. It supports a broad spectrum of RollApps, from simple dApps to complex financial tools, with a solid, scalable foundation. Whether it's gaming or decentralized finance (DeFi), Dymension aims to equip developers with the necessary tools for quick and straightforward RollApp development and launch.

The DYM token is crucial for transactions, governance, staking, and incentivizing contributions within the Dymension ecosystem. The current price of DYM is available and updated in real time on Binance.

People Also Ask: Other Questions About Dymension

  1. What is DYM Used For?

    The DYM token is the native token of the Dymension ecosystem, serving both transactional and governance purposes. It facilitates payments for services and enables stakeholder participation in ecosystem decisions through voting. Additionally, DYM is used for staking and incentivizing contributions to the network's growth and security. This multifunctional utility ensures DYM is central to Dymension's operational efficiency and community engagement.

  2. How Do Network Consensus and Validation Work On Dymension?

    Dymension leverages a decentralized Delegated Proof-of-Stake (DPoS) consensus mechanism within its Layer 1 blockchain, with the DYM token at its core, to ensure RollApps benefit from heightened security, interoperability, and liquidity. This efficient framework is part of the broader Cosmos ecosystem, incorporating the Inter-Blockchain Communication (IBC) protocol to facilitate seamless interactions and validations across networks. This integration not only guarantees efficient transaction validation and network integrity but also reinforces Dymension's dedication to providing a secure, scalable infrastructure for its users and applications, enhancing the overall utility and connectivity of the blockchain space.

  3. Who Is The Founder Of Dymension?

    The co-founder and CEO of Dymension is Yishay Harel, and the project was introduced in 2022.

  4. What is the Maximum and Circulating Token Supply of Dymension?

    Dymension has set a maximum token supply limit of 1,000,000,000 DYM tokens. At the time of writing the circulating supply is 146,000,000 DYM tokens.

  5. What Makes Dymension Different From Others?

    Dymension operates in the blockchain realm as a decentralized router, linking RollApps to the crypto economy. It makes use of the IBC protocol to simplify rollup standardization and eliminate the need for insecure bridging solutions. According to the project this procedure not only improves interoperability and user experience, but it also eases the launch of modular blockchains down to a matter of minutes. Dymension's integration of network and liquidity bootstrapping in one continuous experience reimagines blockchain application deployment, providing a scalable and harmonized platform within the crypto environment.

DYM to Local Currency

FiatPriceOperation
1 DYM to USD$ 3.182726
1 DYM to TRY$ 3.182726
1 DYM to RUB$ 3.182726
1 DYM to EUR$ 3.182726
1 DYM to AED$ 3.182726
1 DYM to AUD$ 3.182726
1 DYM to BRL$ 3.182726
1 DYM to VND$ 3.182726
1 DYM to IDR$ 3.182726
Last updated 2024/06/04 02:38 (UTC)

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