Dopex DPX Price 41.32

Dopex is a question about what it is.
Maximizing gains for option buyers and minimizing losses for option writers are targets of Dopex. Anyone can participate in an option pool with Dopex's simple and easy-to-use platform.
The option writers benefit from a system for losses based on exercised options. The protocol's rebate token rDPX is used to calculate the percentage losses incurred by options writers. A percentage of rPDX is given to option pool participants.

Who are the founding fathers of Dopex?
An anonymous group of developers run Dopex, which was founded in the spring of 2021.


TzTok-Chad is a senior developer. The product is from Casio. The Witherblock is a developer. Halko is probably also a developer. It's called Hakho (UI). Psytama is a developer.
The project has the support of several well-known whales, such as DefiGod, and DCV Capital, a group of angel investors.

What makes Dopex unique?
Deribit is the market leader in cryptocurrencies. European style options can only be exercised at the end of their lives. The options are backed by either the base asset or the quote asset. They can be purchased from the Dopex Options AMM.
Accounting assets, option flows, and reward/rebate distribution of the DPX token are some of the incentives used by Dopex. There are either weekly or monthly options. Anyone can join an options pool and add base or quote assets to it. At the end of an event, liquid providers can withdraw their funds. If the written options were not profitable, this allows them to earn passive yield with minimal interaction with the protocol. The bootstrapping phase of the protocol benefits options writers.
Buyers can swap their options for a different strike price and benefit from volume pools, which will allow them to deposit funds before weekly global epochs. Buyers can use funds from the pool to purchase options from any option pool at a 5% discount. This makes it possible for the creation of sophisticated option hedging strategies. Single Staking Options Vaults allows users to stake their DPX and rDPX while simultaneously selling them as call options to buyers.

There are pages related to this.
dYdX is a futures exchange.
Ribbon Finance is an option protocol.
Injective Protocol is a trading exchange.
The latest trading insights and news can be found on the blog.

How many dopex coins are in circulation?
500,000 is the total supply of DPX. Fees and revenues from pools, vaults, and wrappers built on the protocol are accrued through the governance token DPX, which is used for voting on protocol and app-level proposals.


Over five years, operational allocation is distributed. Over two years, 15% of the mining was distributed. Incentivizing the use and maintenance of the protocol is part of the platform rewards. 20% of the team is vested for two years. 12% to early investors vested over six months, 15% to token sale.

How is the Dopex network secured?
Arbitrum is a scaling solution of ether that uses optimistic rollups. Optimistic Rollups can be used to record transactions on the second-layer block and broadcast the roots of the transactions to the first-layer block.

Where can you buy dopex?
DPX can be found on Uni swap and Sushi swap.