Dymension Price Data
Dymension (DYM)
currently has a price of
Rp273.69
and is
up
5.67%
over the last 24 hours. The cryptocurrency is ranked
1205
with a market cap of
Rp178.4B.
Over the last 24 hours, it saw
Rp93.1B
of trading volume. The token has a circulating supply of
651M
tokens out of a total supply of
1.1B
tokens.
Dymension is a network designed to natively support Layer 2 networks known as rollups. By creating the network with rollups in mind, it should allow for an optimal system. Plus, it has support for the messaging protocol IBC, enabling the rollups to connect to one another and all other IBC-supported blockchains.
The core focus of supporting so many rollups is that each one will be for its own application (a bit similar to how each Cosmos blockchain is for its own application). Instead of having multiple application-specific blockchains, Dymension will support lots of application-specific rollups — colloquially known as rollapps.
