What is Dymension (DYM)?
Dymension (DYM) is a Delegated Proof-of-Stake Layer-1 that serves as a hub and factory for RollApps, specialized decentralized applications with an application-specific blockchain, making them easy to deploy and fast to run. With RollApps and a multi-layered structure, Dymension aims to reduce resource consumption, enabling scalability, security, interoperability, and liquidity without traditional blockchain limitations.
How Dymension (DYM) Works
Dymension acts as a facilitator for RollApps, providing developers with the necessary tools and infrastructure to actualize their ideas in the decentralized world.
Rollup Factory - RollApp Development Kit (RDK)
Dymension's Rollup Factory serves as a workshop equipped with the essential tools for building RollApps. Developers can utilize the RollApp Development Kit (RDK) to develop and deploy RollApps in a straightforward process. The RDK comprises pre-packaged modules for common features like account creation and token management to simplify the development process.
Dymension Settlement Layer - Dymension Hub
The Dymension Hub, also known as the Settlement Layer, is tailored to meet the requirements of RollApps. When RollApp Sequencers suggest changes to the blockchain, the Hub initially assumes these updates are valid and doesn't question them immediately. However, if it later discovers that an update was incorrect or fraudulent, it can undo any changes made based on that update. Updating the current state of the blockchain in this way allows for lightweight devices like smartphones to connect to the blockchain easily and enables different blockchains to communicate with each other with ease.
Inter-Rollup Communication (IRC)
Inter-Rollup Communication (IRC) protocol allows RollApps to communicate with each other. Built on the foundation of Inter-Blockchain Communication (IBC) of Cosmos SDK, IRC provides secure message transfer between different RollApps on the Dymension network. By using the Settlement Layer as a common communication ground, IRC ensures efficient and reliable communication channels for RollApps.
RollApp Virtual Machine (RVM)
For RollApp execution integrity and reliability, Dymension introduces the RollApp Virtual Machine (RVM). The RVM simulates the execution environment of a RollApp within the Settlement Layer, providing deterministic outputs for transaction processing. By supporting various execution environments, the RVM enhances the versatility and adaptability of RollApps in Dymension.
Embedded Hub Automated Market Maker (AMM)
The Embedded Hub Automated Market Maker (AMM) is integrated into the Settlement Layer, providing shared liquidity and security for RollApps. The Embedded Hub AMM facilitates efficient asset routing and price discovery, serving as the backbone of Dymension's ecosystem, ensuring seamless and frictionless transactions for users.
How Many Dymension (DYM) Tokens Are in Circulation?
DYM has a total supply of 1,000,000,000. The current circulating supply of DYM is 146,000,000.
How to Buy Dymension (DYM)
Consider investing in Dymension (DYM)? It only takes 2 minutes to create an account on Bitget and start trading DYM.
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Dymension (DYM) Resources
Buy Dymension in Mexico with Bitget
Simple 3-step guide to buying DYM today in Mexico
Create your free Bitget account
Select a funding method
Complete your Dymension purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Dymension using a payment method of your choice:
Buy Dymension with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Dymension order.
How to buy crypto with credit/debit cardBuy Dymension with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Dymension is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Dymension order.How to buy crypto via third-party gatewayBuy with bank transfer
Buy Dymension via bank transfer: We accept SPEI for MXN payments. Services are provided by AlchemyPay payment gateway. Click Buy Crypto > [Third Party] in the top navigation bar to place your Dymension order.Buy Dymension with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Dymension order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Dymension in your Bitget spot wallet
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