Dymension
DYM2024
$0.01808
-2.80%
24h Volume
$990.66K
24h High
$0.01916
24h Low
$0.01769
24h Change
-2.80%
About
Dymension is a modular Layer 1 settlement hub for RollApps — application-specific rollups built using the Cosmos SDK. It provides shared security, liquidity, and native bridging via IBC for a network of specialized rollups. DYM is the native gas token, staking asset, and settlement currency for RollApp launches.
Use Cases
RollApp settlement, shared security, IBC interoperability, gas token, staking
Technology
Cosmos SDK, Dymint consensus, optimistic rollups, IBC, elastic block production
Categories
Layer 2
Source
Market Sentiment
Sentiment score
6/10
View
Bullish
Key developments
DYM Beyond upgrade.
Report date: 2026-10-24
This is an analysis output, not investment advice.
+ Strengths
- +Modular architecture for specialized rollups
- +IBC interoperability with Cosmos ecosystem
- +Shared security reduces RollApp validation cost
- +Airdrop to multiple ecosystems attracted early participants
- Weaknesses
- -Highly competitive L2/RollApp space
- -33% of supply allocated to Incentives Manager (TBD)
- -Post-launch controversy over Sybil disqualifications
- -High FDV due to large locked supply
Team
Dymension Foundation (founded 2022)
Launch
2024
Total Supply
1,065,723,140
Circulating Supply
531,741,523
Max Supply
Unlimited
