dYdX vs Raydium — how do they compare? dYdX trades at Rp1,957 (market cap Rp1,66T, Rp37,4M 24h volume), while Raydium trades at Rp11,162 (market cap Rp2,98T, Rp111,32M 24h volume). The key difference: Raydium is the larger of the two by market cap, and dYdX's circulating supply is 848,6M / 1B DYDX (85%) versus 269,5M / 555M RAY (49%) for Raydium. Which is the better fit depends on your goals — on Pluang, investors hold dYdX for 56 Days and Raydium for 25 Days on average.
| DYDX | RAY | |
|---|---|---|
Market Cap | Rp1,66T | Rp2,98T |
Volume (24h) | Rp37,4M | Rp111,32M |
Circulating Supply | 848,6M / 1B DYDX (85%) | 269,5M / 555M RAY (49%) |
Typical Hold Time | 56 Days | 25 Days |
Signals from Pluang's Aura AI — not financial advice
DYDX is currently trading at Rp1,968.47 with a market cap of Rp1.67T, showing bearish technical signals with 18 sell signals versus 4 buy signals. The token is near its pivot point of Rp1,966 with immediate support at Rp1,943 and resistance at Rp1,989. With 85% of the 1 million max supply in circulation and average hold time of 56 days, the token shows moderate distribution.
Overall outlook remains cautious due to bearish technical momentum, though RSI_6 at 28.95 suggests potential oversold conditions. Key risks include high volatility and regulatory uncertainty, while opportunities exist if the protocol maintains its decentralized exchange leadership. Investors should monitor trading volume patterns and ecosystem developments closely.
RAY is currently trading at Rp11,213 with a market cap of Rp3 trillion, showing bearish technical signals with moving averages indicating selling pressure while oscillators remain neutral. The token has achieved significant milestones including surpassing Rp1 quadrillion in trading volume following major exchange listings on Robinhood and Revolut. Recent protocol developments include enabling 24/7 tokenized stock trading for the SpaceX IPO on Solana, expanding RAY's utility as a liquidity protocol.
Overall outlook remains cautious due to bearish technical indicators, though recent exchange listings and protocol innovations present growth opportunities. Key risks include high volatility near resistance levels and regulatory uncertainty around tokenized securities. Investors should monitor RSI levels and trading volume patterns for entry signals.
What Pluang investors did over the last 30 days
DYDX (dYdX) is the governance token for the layer 2 protocol of the eponymous non-custodial decentralized cryptocurrency exchange. An open-source platform with smart contract functionality, dYdX is designed for users to lend, borrow and trade crypto assets. Although dYdX supports spot trading, the main focus of the platform is on derivatives and margin trading.
Read more on DYDX →Raydium (RAY) is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks.
Read more on RAY →