• News
  • Video
  • Prices
  • Research
  • Events
  • Data & Indices
  • Sponsored


About
  • About Us
  • Masthead
  • Careers
  • Blog
  • Investor Relations
Contact
  • Contact Us
  • Accessibility
  • Advertise
  • Media Kit
  • Sitemap
  • System status
Newsletters
  • CoinDesk Headlines
  • Crypto Daybook Americas
  • The Protocol
  • State of Crypto
  • Crypto for Advisors
  • Crypto Long & Short
News
  • Markets
  • Finance
  • Tech
  • Policy
  • Focus
Videos
  • CoinDesk Daily
  • Editor's Picks
  • Shorts
  • Spotlight
Podcasts
  • CoinDesk Podcast Network
  • Markets Outlook
  • Gen C
Cryptocurrencies
  • Prices
  • Bitcoin (BTC)
  • Ethereum (ETH)
  • XRP
  • Solana (SOL)
Data & Indices
  • Market Data
  • Index Offering
  • API
  • Research Insights
  • Documentation and Governance
Events
  • CoinDesk: Policy & Regulation
  • Webinars
Sponsored
  • Bitcoin Treasuries Theme Week
  • Thought Leadership
  • Press Release
  • MEXC
  • Phemex
  • Stellar
Research
  • Research Hub
  • Exchange Benchmark

EthicsPrivacyTerms of UseCookie SettingsDo Not Sell My InfoBug Bounty Program
X icon
© 2026 CoinDesk, Inc.

Disclosure & Polices: CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of Bullish (NYSE:BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services. Bullish owns and invests in digital asset businesses and digital assets and CoinDesk employees, including journalists, may receive Bullish equity-based compensation.

CD20$1,654.38CD20 down 3.06 percent3.06%BTC$61,125.60BTC down 2.60 percent2.60%ETH$1,617.24ETH down 3.42 percent3.42%XRP$1.10XRP down 4.53 percent4.53%SOL$63.29SOL down 4.64 percent4.64%
Dymension
DYM

Dymension

$0.01493
3.56%
Market Cap. #679
$8,084,138
Volume (24h) #588
$2,507,494
Supply (Circ. / Total / Max)
541.46M / 1.07B / ∞
  • Overview
  • News
  • Markets
Dymension Logo

DymensionDYM

DYM

$0.01493
3.56%
  • Overview
  • News
  • Markets
Loading chart...
Market Cap. #679
$8,084,138
Volume (24h) #588
$2,507,494
Supply (Circ. / Total / Max)
541.46M / 1.07B / ∞
Launch Date
2023-08-22
Block Number
-
Block Reward
-
Last Block Size
-
Network H/s
-
2023-08-22
Launch Date
-
Block Number
-
Block Reward
-
Last Block Size
-
Network H/s

Dymension Price Converter

Dymension

Dymension Information

Resources

Websites
dymension.xyz
Block Explorers
fl.dym.fyi

Dymension Markets

About Dymension

Dymension is a Cosmos-based blockchain that provides a platform for creating RollApps—modular application-specific chains. It uses DYM as its native token for staking, governance, and securing the network. Dymension simplifies the process of launching decentralised applications by abstracting infrastructure management, promoting an interoperable network of independent RollApps.

Dymension is a layer-1 blockchain built on the Cosmos ecosystem, designed to power and interconnect modular blockchains known as RollApps. RollApps are application-specific chains that leverage Dymension's infrastructure to simplify the creation and deployment of decentralised apps without requiring developers to manage the complexities of blockchain infrastructure. The platform provides a modular framework for developers to create their own blockchains quickly, abstracting the technical difficulties of setting up validators or consensus mechanisms.

Dymension’s technology focuses on scaling networks by enabling interoperability between different RollApps through Cosmos' Inter-Blockchain Communication (IBC) protocol. This allows seamless data and asset transfer between different chains, increasing liquidity and connectivity in the broader blockchain ecosystem.


Dymension’s native token, DYM, is primarily used for governance, staking, and securing the network. RollApps deployed on Dymension must bond DYM tokens, which incentivises stakers to secure these app-specific chains. Validators and stakers are rewarded with fees for providing this security, and they also play a role in governance by voting on protocol upgrades.

Additionally, DYM tokens are essential for operating RollApps, as they must be staked to ensure efficient transaction processing. The platform’s decentralised settlement layer facilitates the scaling of application chains, while users and developers alike are incentivised through transaction fees and potential airdrops.


Dymension was founded in 2022 by Yishay Harel, who also serves as the CEO. Harel has a background in the cryptocurrency space, having worked on projects like Celestia and Cosmos, which laid the groundwork for Dimension.

coindesk-loading-spinner
View all