Rank #175
DYM Dymension
DYM Price
$1.62113
+5.49% Market Cap
$348.8M
24H Volume
$371.73M
Circ Supply
215.12M
Dymension Info
Dymension standardizes rollups with IBC (Inter-Blockchain Communication Protocol), similar to how tokens were standardized with ERC. RollApps are a new crypto primitive offering the rollup business model along with speed and scale under one unified experience. This paves the way for the emergence of a true Internet of rollups.
RollApps are modular blockchains, instead of maintaining costly validators, RollApps leverage the Dymension Hub (layer 1) for securing their funds and Data Availability (DA) networks for publishing their transaction data.
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