Dopex

Dopex

Created using Figma
Created using Figma
Dopex is a decentralized options protocol which aims to maximize liquidity and minimize losses for option writers while maximizing gains for option buyers - all in a passive manner for liquidity contributing participants.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • BKEX
    DPX/USDT 28 days ago
    $ 143.76
    $ 156.90
    -
    -
  • Sushiswap (Arbitrum One)
    DPX/0X82AF49447D8A07E3BD95BD0D56F35241523FBAB1 2 months ago
    $ 356.39
    $ 1.752 M
    -19.84%
    210.95%
  • XT.COM
    DPX/USDT 4 months ago
    $ 2,171.47
    $ 1.566 M
    -
    -
To be announced
Token Details
Ticker
DPX
Total supply
500,000
Token Distribution
Operational Allocation: 17%
Farming (Liquidity Mining): 15%
Platform Rewards: 30%
Founders Allocation: 12%
Early Investors & Token Sale: 26%
Additional Details
Categories
Platform

About Dopex

DECENTRALIZED OPTIONS EXCHANGE

Dopex is a maximum liquidity and minimal exposure options protocol

OPTION WRITERS OFFSET TAIL RISK

Receive rDPX rebates on losses incurred. Use rDPX to mint synthetic assets.

 

TRADERS MORE LIQUIDITY

Asset pools helps source liquidity for on-demand option writing across option chains

 

LIQUIDITY PROVIDERS WORRY LESS

Minimize Exposure by earning DPX while providing liquidity.

 

Dopex is a decentralized options protocol which aims to maximize liquidity, minimize losses for option writers and maximize gains for option buyers - all in a passive manner for liquidity contributing participants. Option pools are created for all options on Dopex, which allows anyone to participate and deposit base/quote for their respective pools to gain passive income from option writing and purchasing discounted options through liquidity pools which could then be arb-ed for an instant profit.

The protocol is governed by users via a limited supply governance token, DPX, which would also be used for collecting protocol and app layer fees.

Dopex also offers a rebate system for losses incurred for option writers based on exercised options for every epoch. The rebates are paid in the form of a theoretically infinite supply token, rDPX. Rebates are calculated based on percentage losses incurred by option writers for an epoch and a percentage of rDPX relative to the value of losses incurred are minted and distributed to option pool participants. The percentage rebate is determined by a governance process based on votes by DPX holders within the protocol. The rebate allows for option writers to gain a superior return in comparison to writing naked options or hedged option writing strategies of any sort. rDPX can in the future, also be used as collateral to borrow capital from the margin pool to leverage option positions or to mint synthetic derivatives of assets supported within the protocol such as - cryptocurrencies, stocks, ETFs, commodities, currencies etc. This inherently gives the rDPX token real value and creates a positive feedback loop for liquidity to grow and option writers/traders to participate considering the deep liquidity, cheaper options to purchase and higher ROI from option writing.

Activity

Followers:
33 655
VERY HIGH
Tweets:
2 294
VERY HIGH
30 Days Growth:
161
Year commits:
174
Watchers:
3
Stars:
42
Forks:
24
Open issues:
2
$ 398.98
-7.12%
Crypto Stats
Daily, %:
-7.12%
Weekly, %:
59.74%
Monthly, %:
159.62%
Market Info
Market Cap:
$ 80.017 M
Volume 24h:
$ 3.17 M
Circ. Supply:
200.428 K DPX
Ticker:
DPX
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