About Dopex
Trading Insights
Searched
1
Market Stats
Market Cap
Not enough data
FDV
S$2.43M
Circ. Supply
Not enough data
Max Supply
500K DPX
Total Supply
500K DPX
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
S$246.50
-59.82%
Volume (7D)
S$1.58K
Volume (30D)
S$8.09K
All time high
S$5.29K
Price Change (1Y)
-82.56%
Additional info about Dopex
Recent trends
The latest DPX price is S$4.86. Compared to Dopex's value of S$4.84 from 24 hours ago, there's been a 0% increase, while the current price is -0% down from S$4.88 which was recorded one week ago. Dopex's all time high is S$5,286.90, which was reached on January 15, 2022. This is a -100% change from its price today.
The fully diluted valuation of Dopex is S$2.43M. The diluted valuation of Dopex is S$2.43M.
Market details
DPX vs markets
↘ 86.89%
DPX vs BTC
↘ 88.57%
DPX vs ETH
↘ 74.48%
Tags
defi
derivatives
options
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xEec2bE5c91ae7f8a338e1e5f3b5DE49d07AfdC81 | |
Arbitrum | 0x6C2C06790b3E3E3c38e12Ee22F8183b37a13EE55 |
Price history
Time | Price | Change |
|---|---|---|
Today | S$4.86 | ↗ 0.28% |
1 Day | S$4.84 | ↗ 0.28% |
1 Week | S$4.88 | ↘ 0.23% |
1 Month | S$4.23 | ↗ 15.73% |
1 Year | S$29.24 | ↘ 82.56% |
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 SGD currency in real-time. Get the live price of Dopex on Coinbase.
The current market cap of Dopex is S$0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Dopex is S$5,286.90. 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 S$246.50.
Assets that have a similar market cap to Dopex include Vention, Minifootball, TABANK, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Dopex is 0.
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