Dopex current market price is $3,233.41 with a 24 hour trading volume of $14.06M. The total available supply of Dopex is 168.87K DPX with a maximum supply of (Not Available) DPX. It has secured Rank 169 in the cryptocurrency market with a marketcap of $546.04M. The DPX price is -21.02% down in the last 24 hours.
The lowest price of the Dopex is $3,238.22 & the highest price is $4,094.12 in the last 24 hours. Live Dopex prices from all markets and DPX coin market Capitalization. Stay up to date with the latest Dopex price movements. Check our coin stats data and see when there is an opportunity to buy or sell Dopex at best price in the market.
$3,238.22 / $4,094.12
(Not Available) DPX
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Dopex (Decentralized Options Exchange) 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 limited supply governance token for the Dopex protocol and is used to vote on protocol and app level proposals. Apart from being a vanilla governance token, DPX also accrues fees and revenue from pools, vaults and wrappers built over the Dopex protocol after every global epoch.Dopex makes use of unique option pricing model that is calculated on-chain based on the Black-Scholes formula — using implied volatility and asset prices retrieved via Chainlink adapters — and passed through a function to determine volatility smiles based on the realized volatility of the asset. This model ensures pricing that is fair and efficient platform flow. Dopex provides solutions to low liquidity, unfair pricing, lack of composability, lack of user adoption, and unfair arbitrage opportunities during times of high volatility — all without compromising the buyer and seller experience.