dYdX order flow: who is in control?
According to EnsoTrade order-flow data, DYDX is in a short covering regime — short covering — price is rising while positions close, a structurally weaker rally; recent taker flow favors sellers.
Source: EnsoTrade order-flow · as of 2026-07-01T15:40:00Z · 15-min delayed (real-time free with a 3-day trial).
DYDX order flow
| Order-flow regime | SHORT_COVERING |
|---|
| Mechanism | short covering — price is rising while positions close, a structurally weaker rally |
|---|
| Open interest | $4.75M |
|---|
| OI change (6h) | -14.02% |
|---|
| Taker imbalance | -67.4% (sellers aggressing) |
|---|
See dYdX order flow live on EnsoTrade →
How to read dYdX order flow
Order flow shows which side of the dYdX book is being absorbed before price moves. Combine the regime with funding and why dYdX is moving to tell a real move from a trap.
FAQ
- What is the dYdX order-flow regime right now?
- According to EnsoTrade order-flow data, DYDX is in a short covering regime — short covering — price is rising while positions close, a structurally weaker rally; recent taker flow favors sellers.
- Are traders buying or selling dYdX?
- Recent dYdX taker flow favors sellers (-67.4% imbalance).
- Is dYdX open interest rising or falling?
- dYdX open interest is down 14.02% over 6 hours.
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