DXdao PriceDXD

What is DXdao (DXD)?

DXdao (DXD) is a decentralized collective that builds and governs DeFi protocols and products. Launch Date: May 7, 2020 per CoinMarketCap registry data; project materials also state July 8, 2020. It operates as a community-driven organization focused on developing, governing, and growing decentralized finance tools. The project is built on the Ethereum ecosystem and is also present on Arbitrum. DXD is an ERC20 token tagged DeFi, DAO and governance, and is listed under the Ethereum, Polygon and Arbitrum ecosystems. The total supply stands at approximately 148.97K DXD. Circulating Supply: 0 per CoinMarketCap registry data; the project self-reports 49.32K DXD in circulation. The project is in an active development and governance phase, maintaining a suite of live products while continuing to expand its ecosystem.

Key Specifications & Tokenomics

• Name: DXdao
• Symbol / Ticker: DXD
• Token Type: ERC20 token, categorized as a Token, not mineable
• Consensus Mechanism: DXD is an ERC20 token on Ethereum and does not run its own consensus; it is not mineable and has no mining algorithm. Governance power is distributed through Reputation.
• Launch Date: May 7, 2020 per CoinMarketCap registry data; project materials also state July 8, 2020
• CoinMarketCap ID: 5589
• CoinMarketCap Listing Date: May 26, 2020
• Blockchain / Ecosystem: Ethereum Ecosystem, also present on Arbitrum
• Ethereum Contract Address: 0xa1d65e8fb6e87b60feccbc582f7f97804b725521
• Arbitrum Token Contract: 0xc3ae0333f0f34aa734d5493276223d95b8f9cb37
• Total Supply: 148.97K DXD
• Circulating Supply: 0 per CoinMarketCap registry data; the project self-reports 49.32K DXD in circulation
• Max Supply: No fixed cap is specified; total supply is 148,977 DXD
• Holders: 1.24K per CoinMarketCap
• CertiK Rating: 3.4 (scale and methodology as published by CertiK)
• Whitepaper: https://github.com/gnosis/dx-daostack/blob/master/dxdao_whitepaper_v1.pdf
• Source Code: https://github.com/gnosis/dx-daostack
• Website: dxdao.eth.link

Who created DXdao?

DXdao's initial members were seeded through a one-month process during which over $20 million in ETH and other tokens were staked, and more than 400 addresses received Reputation. The project emphasizes its decentralized community origin, with governance power distributed through Reputation rather than traditional corporate structures. This seeding process established the foundation for DXdao's community-driven governance model.

How does DXdao work?

DXdao operates as a decentralized collective that develops and governs DeFi protocols and products. Governance is managed through a Reputation-based system, where initial members received Reputation through the seeding process. The collective maintains and governs several products, including Swapr, a governance-enabled automated market maker; Omen, a prediction market platform; Mesa, a front-running resistant decentralized exchange; and Rails, a Layer 2 payment portal. DXdao also governs DMM and maintains the DutchX trading protocol. The DXD token functions within this ecosystem, with smart contracts deployed on Ethereum and Arbitrum enabling participation in the decentralized governance and product suite.

What makes DXdao unique and valuable?

DXdao distinguishes itself through its collective approach to building and governing decentralized products and services. Rather than relying on a centralized team, it uses a Reputation-based governance system that originated from a broad seeding process involving over 400 addresses. Its product suite addresses multiple DeFi verticals: prediction markets through Omen, governance-enabled AMMs through Swapr, front-running resistant DEX functionality through Mesa, and Layer 2 payments through Rails. The project's multi-chain presence on Ethereum and Arbitrum, combined with its governance tag and DeFi categorization, positions it as a community-owned infrastructure provider in the decentralized finance space.

What is DXdao used for?

DXD serves as the token within the DXdao ecosystem, which is categorized under DeFi and Governance. The token is associated with the collective's governance processes and its suite of decentralized products. DXdao governs DMM and maintains the DutchX trading protocol, while its product suite includes Omen, Swapr, Mesa, and Rails. The token is present on both Ethereum and Arbitrum networks, with contract addresses available for both chains. Holders can participate in the ecosystem's governance structure, which is built around Reputation earned through community participation and staking.

How Is the DXdao ecosystem developing?

The DXdao ecosystem features a suite of live products including Omen, a prediction market; Swapr, a governance-enabled AMM; Mesa, a front-running resistant DEX; and Rails, a Layer 2 payment portal. Mesa (Mesa.eth) is a front-running resistant DEX, described as a frontend to the Gnosis Protocol. Mix.eth is under development. The project has expanded to Arbitrum alongside its Ethereum deployment. The ecosystem continues to develop its decentralized product offerings and governance infrastructure.

How to mine DXdao?

DXdao is not mineable. The token has no mining algorithm and operates as an ERC20 token on Ethereum with a presence on Arbitrum. There is no proof-of-work mining mechanism associated with DXD. Community participation and governance are structured around Reputation, which was initially distributed through a seeding process rather than through mining. Those interested in acquiring DXD typically do so through available market channels rather than through mining or staking rewards. The token is not mineable and has no mining algorithm.

How to keep your DXdao Coin safe?

To keep your DXD tokens safe, use wallets that support ERC20 tokens on Ethereum and Arbitrum networks. Since DXD exists on both chains, ensure you are interacting with the correct contract address for your intended network. Store your tokens in a reputable wallet and safeguard your private keys and seed phrases. Verify contract addresses before any transaction, using the Ethereum contract address 0xa1d65e8fb6e87b60feccbc582f7f97804b725521 or the Arbitrum token contract 0xc3ae0333f0f34aa734d5493276223d95b8f9cb37. Blockchain explorers such as etherscan.io can be used to verify transactions and token details. The project's contracts are deployed on Ethereum and Arbitrum, and token details can be verified on etherscan.io. DXD has historically experienced sharp price declines, and its reported circulating supply differs between the project and CoinMarketCap registry data; readers should verify figures independently. Price volatility, regulatory policy, and technical risks apply; always exercise caution and conduct your own research before interacting with any smart contract or platform.