About Dopex
Market Stats
Market Cap
Not enough data
FDV
£1.86M
Circ. Supply
Not enough data
Max Supply
500K DPX
Total Supply
500K DPX
Diluted Valuation
£1.83M
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
£60.67
-6.08%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£3.06K
Price Change (1Y)
-75.64%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Dopex has decreased by 0.08% in the last hour and increased by 6.46% in the past 24 hours. Dopex’s price has also risen by 23.76% in the past week. The current price is £3.69 per DPX with a 24-hour trading volume of £60.67. Currently, Dopex is valued at 99.88% below its all time high of £3,056.30. This all-time high was the highest price paid for Dopex since its launch.
The current circulating supply of Dopex is 0 DPX which means that Dopex has as total market cap of £0.00.
Market details
DPX vs markets
↘ 85.08%
DPX vs BTC
↘ 86.89%
DPX vs ETH
↘ 75.63%
Tags
defi
derivatives
options
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xEec2bE5c91ae7f8a338e1e5f3b5DE49d07AfdC81 | |
Arbitrum | 0x6C2C06790b3E3E3c38e12Ee22F8183b37a13EE55 |
Price history
Time | Price | Change |
|---|---|---|
Today | £3.69 | ↗ 6.46% |
1 Day | £3.46 | ↗ 6.46% |
1 Week | £2.95 | ↗ 23.76% |
1 Month | £2.80 | ↗ 30.84% |
1 Year | £15.69 | ↘ 75.64% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Dopex (DPX) is a decentralized options protocol that aims to maximize liquidity, minimize losses for options writers, and maximize gains for options traders. According to the whitepaper, options are tricky, and efficient options that benefit the purchasers and writers alike are even more deceptive.
Dopex aims to solve the nuances and intricacies that come with options trading by offering fair option pricing, maximum liquidity, capital efficiency for writers, cheaper options for traders, incentives for all protocol participants, rebates for option writers via rDPX, and minimal fees and maximum speed via the Arbitrum blockchain. Arbitrum is an Ethereum scaling solution designed by Offchain Labs to reduce the cost and latency of decentralized applications (DApps) for users and developers.
As per the platform, in traditional finance and existing centralized finance (CeFi), users have to decide strike prices and options expirations to trade while scanning order books for demand on the gain-side. Dopex uses option pools aiming to allow anyone to earn a yield passively. Pool participants deposit cryptocurrency or quote assets, which get utilized as liquidity for users looking to trade options.
Dopex uses two tokens for the protocol to work in synergy: DPX and rDPX. DPX is a governance token used to vote on protocol and app-level proposals. DPX also accrues fees and revenue from pools, vaults, and wrappers built over the Dopex protocol.
rDPX is a token minted and distributed for any setbacks incurred by pool participants.
Furthermore, the whitepaper states that Dopex uses its innovative and state-of-the-art pricing model to replicate volatility smiles. Therefore, Dopex ensures fair and optimized option prices across all strike prices and expirations, which benefits options traders.
The founder of Dopex is TzTok-Chad and has a core developer team of 5 members. As per the whitepaper, the platform launched its single staking option vaults in Q4 of 2021, and by Q1 2022, Dopex is looking forward to launching the option strategy vaults.
We update our Dopex to GBP currency in real-time. Get the live price of Dopex on Coinbase.
The current market cap of Dopex is £0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Dopex is £3,056.30. This all-time high is highest price paid for Dopex since it was launched.
Over the last 24 hours, the trading volume of Dopex is £60.67.
Assets that have a similar market cap to Dopex include Hypersign identity, Minifootball, MyBricks, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Dopex is 0.
Dopex calculator
Related assets
Discover conversions
Popular cryptocurrencies
Comparable market cap
Discover more assets
Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.