Dopex Logo

Dopex DPX

Dopex header image

1. Summary

Ranks

Liquidity
-
Developer
10
Social
91
Momentum (beta)
0
Stack Rank™
-
Price
52W High price $119.32
52W High date 10th Nov 2023 (1 year ago)
All Time High (ATH) Date 15th Jan 2022 (2 years ago)
ATH Price $4,215.41
% From ATH -99.73%
All Time Low (ATL) Date 17th Sep 2024 (3 months ago)
ATL Price $0.004758050000
% From ATL 239121.4%
Supply & Trading Volume
Trading Volume (24h) $20,994.00
Total Supply 500,000.00
Max Supply 500,000.00
Description

This is the project description:

This is the project description:

Dopex is a decentralized options protocol that aims to maximize liquidity and minimize losses for option writers while maximizing gains for option buyers. This is done in a passive manner for liquidity-contributing participants.

DPX is the governance token for the Dopex protocol and is used to vote on protocol and application-level proposals. Additionally, DPX accrues fees and revenue from pools, vaults, and wrappers built over the Dopex protocol after every global epoch.

Dopex utilizes a unique option pricing model calculated on-chain using the Black-Scholes formula with implied volatility and asset prices from Chainlink adapters. The platform ensures fair and efficient pricing and solutions to various issues such as low liquidity, unfair prices, lack of composability, and arbitrage opportunities during high volatility.

$DPX can be locked for up to 4 years to receive veDPX, which holds governance power. Longer lock durations correspond to a greater veDPX:DPX ratio. veDPX decays over time until its lock duration ends, after which the initial DPX can be withdrawn.

veDPX holders receive a pro-rata share of DPX emissions during the first year and participate in protocol distributions. Governance abilities include directing emissions to specific option pools and strike prices, adjusting protocol parameters, and passing proposals for new token inclusions.

Dopex operates with a dual token model that includes rDPX, used for incentives and rebates for option writers. The protocol is deployed on Arbitrum with a focus on maximizing liquidity and minimizing losses.

2. Price

DPX

2.1. Market Performance

How does Dopex's (DPX) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

5.9%

DPX

47,098.3%

Similar Market Cap

60 Day Return

0.9%

DPX

-

Similar Market Cap

1 Year Return

-89.2%

DPX

-

Similar Market Cap

3. Developer Activity

We're monitoring 6 Dopex GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Dopex Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 7
  • Past year: 3 commits vs. an average of 103

Most Active Repos

Past week 0
Past 12 weeks 4
Past year 53
Past week 12
Past 12 weeks 12
Past year 12
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 78 developers have contributed to Dopex over the past year. Who are the most active Dopex developers, by commits, over the past year?

Related Projects

Developers working on Dopex also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 241
Active Reddit Users (past 24h) 2
Discord users 661
Active Discord Users 112
Telegram Users 1,664
Twitter followers 284
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://www.dopex.io/
Explorer https://etherscan.io/token/0xeec2be5c91ae7f8a338e1...
Twitter @dopex_io
reddit /r/Dopex

What is the correct contract address for Dopex?

Ethereum 0xeec2be5c91ae7f8a338e1e5f3b5de49d07afdc81
Arbitrum-one 0x6c2c06790b3e3e3c38e12ee22f8183b37a13ee55

Has Dopex been audited for security?

No security audits found for this project.

Are you the owner of Dopex? Edit it here

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