$ETHDYDX is still alive, but barely. It’s liquid enough to easily sell ($5.2m traded per day) — but unissued supply hangs over the price (fully diluted valuation 27.0x the market cap) — the profile of a project in decline. The price is down 100% from its all-time high.
label capped: score says WEAKENING, but coins down 100% don’t earn better labels than IMPAIRED. why?
break-even from here: +21,750% $100 held here would need to become $21,850 just to get back — and 97 out of 100 coins that fall this deep never see their old high again.
01is anyone still building it?structural solvency / liveness33/100
Someone is still building, but activity is thin.
0 commits/4wk0 contributorslast commit 1d ago— development is slowing.
02are holders staying or leaving?holder conviction & overhead supplyPENDING
PENDING V1
can’t measure this honestly yet, so it doesn’t count toward the score — we don’t fake numbers.
03could you actually sell?liquidity / exitability89/100
Easy enough to sell.
$5,213,600/24h · bin 9/10138.02% turnover · bin 10/10— tradeable.
04is anyone actually using it?usage / demand55/100
Some real usage.
80 transfers/day · bin 6/10— transfer activity, not users; proxy tier — moderate on-chain movement. [DeFi / Protocol bins, provisional]
05how much more will be printed?supply overhang & emissions5/100
Heavy future supply hangs over the price.
3% of supply circulating · bin 1/10FDV/MC 27.0x · bin 1/10— heavy unminted/uncapped supply hangs over every holder.
06how is it doing vs similar coins?relative strength / narrative65/100
Outperforming similar coins.
30d+3% · bin 7/10200d-24% · bin 7/10— outperforming its peer group.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is dYdX ($ETHDYDX) dead?
Not dead yet, but core systems are impaired. As of 2026-07-14, dYdX scores 51/100 on bagcheck’s structural aliveness scan — IMPAIRED. Core systems are impaired — this looks like a project in decline. Aliveness measures whether the project still works, not whether the price recovers.
Is dYdX a good investment?
bagcheck doesn’t rate investments — this is information, not advice. What the frozen record shows as of 2026-07-14: a structural aliveness score of 51/100 (IMPAIRED), a price 100% below its all-time high, a drawdown cohort (down 95%+) in which historically only ~3% of coins ever reclaimed their high. What you do with that is yours.
Will dYdX ($ETHDYDX) recover?
Nobody can predict price, and bagcheck doesn’t try. Historically, of coins down 95%+ (3-year window), about 3% reclaimed their all-time high; break-even to ATH from the scan price needs +21,750%. The IMPAIRED aliveness read says whether the project still works — a precondition for recovery, not a promise of it.
MEMBERS · ENGINE BOTTOM LINEthe engine’s verbatim verdict — not rendered publicly
