Dymension (DYM)
Rank #960
Market snapshot
- Price
- $0.014495
- Market cap
- $9.4M
- 24h volume
- $2.4M
- Circulating supply
- 648,896,114
- Total supply
- 1,071,875,988
- Max supply
- N/A
What is Dymension?
Dymension serves as a platform for creating modular blockchains. It allows communities to develop their own ecosystems by evolving tokens into lightning-fast chains that are easy to deploy and free from the complexities of running a Layer 1 blockchain.
How Dymension works
Dymension enables users to create and deploy blockchain solutions quickly. Successful tokens can evolve into chains that are designed to be easy to deploy and available in multiple configurations. This design supports the transition from simple token creation to the establishment of comprehensive blockchain ecosystems, allowing for greater flexibility and community-driven development.
Key information
- Symbol
- DYM
- CMC rank
- #960
- Network / platforms
Osmosis
- Categories
- N/A
- Date added
- Feb 6, 2024
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Osmosis
ibc/9A76CDF0CBCEF37923F32518FA15E5DC92B9F56128292BC4D63C4AEA76CBB110
Key characteristics
Dymension is categorized under several tags including binance-ecosystem, cosmos-ecosystem, osmosis-ecosystem, and modular-blockchain. It is designed to support the development of decentralized applications and blockchain infrastructures.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Dymension (DYM)?
- Dymension (DYM) is a cryptocurrency that operates within the Binance and Cosmos ecosystems, designed to facilitate the creation of modular blockchains.
- How does Dymension work?
- Dymension allows users to create and deploy blockchain solutions quickly, evolving tokens into chains that are easy to deploy and available in multiple configurations.
- What are the technical characteristics of Dymension?
- Dymension is categorized under binance-ecosystem, cosmos-ecosystem, osmosis-ecosystem, and modular-blockchain, supporting the development of decentralized applications.
- What are the risks associated with transferring Dymension?
- Digital asset prices can be volatile. Users should verify contract addresses and networks, and understand the risks of self-custody and centralized platforms.
- How can I verify my acquisition of Dymension?
- Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct and understand the custody method.
- Where can I find official resources for Dymension?
- Official resources for Dymension can be found at their website and GitHub repository.
Related cryptocurrencies
Listed from stored network and category relationships, not a similarity score.
