dYdX vs USDC — how do they compare? dYdX trades at Rp2,307 (market cap Rp1,94T, Rp103,8M 24h volume), while USDC trades at Rp18,100 (market cap Rp1.322,2T, Rp139,87T 24h volume). The key difference: USDC is far larger — about 681.5× dYdX's market cap, and dYdX's supply is capped (848,6M / 1B DYDX (85%)) while USDC's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold dYdX for 55 Days and USDC for 61 Days on average.
| DYDX | USDC | |
|---|---|---|
Market Cap | Rp1,94T | Rp1.322,2T |
Volume (24h) | Rp103,8M | Rp139,87T |
Circulating Supply | 848,6M / 1B DYDX (85%) | 73,3B USDC |
Typical Hold Time | 55 Days | 61 Days |
What Pluang investors did over the last 30 days
Latest headlines on both assets
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 →USD Coin is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. The stablecoin was originally launched on a limited basis in September 2018. Put simply, USD Coin’s mantra is 'digital money for the digital age'— and the stablecoin is designed for a world where cashless transactions are becoming more common. USD Coin has aimed to stand head and shoulders over competitors in several ways. One of them concerns transparency and assurance that users will be able to withdraw 1 USDC and receive $1 in return without any issues.
Read more on USDC →