C

CyberDEX

CYDX

A decentralized perpetual swap platform based on Synthetix and vAMM

Performances

RD Popularity Index

234.55% (24h)
0100200300400500
Project Rank: 1242/12900

RD Growth Index

1300.12% (24h)
0400800120016002000
Project Rank: 3816/12900
Comparison:
1h24h7d30d60d90d
0.16%32.41%2.50%85.19%82.34%--

Comparison

Event Calendar

Apr 21, 2024
CyberDEX raised $ 1.5 M in funding round
Jul 22, 2024
CyberDEX launches CYDX token

Fundraising

SSalsaTekilaTTraderSZVVIKTORPPierrevveH0rny
@@CryptoVikings07
@@deltaxbt
@@George1Trader
@@heartereum
@@SmokeyHosoda
@@SolidTradesz
@@TheCryptoNexus

Top Holders

AddressTokenQuantityPercentageValue
0xafb9...dcc9CYDX1,115,707,523.3869.73%$937.75K
Null: 0x000...dEaD (dead)CYDX400,000,00025%$336.2K
0x34da...9394CYDX124,487,355.517.78%$104.63K

Open Markets

#ExchangePairPrice+2% depth-2% depthVolume (24h)volume %
1CYDX/WETH$0.0008747$3,425$3,415$434.15%

Follow Updates

Follow Lists

People

About CyberDEX

CyberDEX is a perpetual futures venue on Optimism whose liquidity does not come from its own market makers but from the Synthetix debt pool: orders are priced by a vAMM, margin is posted in sUSD, and synthetic asset prices are fed by Chainlink and Pyth oracles, compressing slippage on large market orders toward zero — a $100,000 BTC position fills at roughly 0% slippage.

Execution runs through a network of keeper bots and the venue runs no matching engine of its own: fills and clearing both happen on the Synthetix liquidity pool, with liquidation prices taken from oracle quotes rather than a proprietary capital pool. Limit and market orders cost 1–2 and 5–10 basis points respectively, plus a $0.5–10 keeper fee that scales with congestion. The platform also opens its Deal Flow allocation pool to CYDX holders for early-stage project subscriptions. CYDX has a 2 billion token supply and set an all-time high of $0.31 on 22 June 2026, then gave up more than 90% of that level; the gap between token performance and actual matching demand is the main point of dispute when the venue is assessed.

Updated: Oct 30, 2026

Burns: Per CoinGecko data on June 23, 400 million CYDX had been burned, cutting total supply to 1.6 billion of a 2 billion cap.

Fundamentals: After hitting an all-time high of $0.3126 on June 22, the token collapsed and now trades about 98.6% below that peak with market cap near $1.56 million; rating agencies flag no public development since June 2024 and over 95% of supply concentrated in pseudonymous team and top-10 wallets.

Updated: Oct 30, 2026

Cyborg — Founder; pseudonymous derivatives trader who launched the Optimism-based perpetual swaps platform built on Synthetix liquidity in 2022.

Picante — Head of Growth; responsible for platform growth and community operations.

Updated: Oct 30, 2026

CyberDEX floats its perpetual fees with market skew, charging makers 0.01%–0.02% (1–2 bps) and takers 0.06%–0.10% (6–10 bps) once against position notional value.

CyberDEX adds a keeper execution fee of roughly USD 0.5–10 per trade, which varies with gas price and network congestion.

Updated: Oct 30, 2026