About Dopex Rebate Token
rDPX is the Dopex protocol rebate token. It is a token minted and distributed for any losses incurred by pool participants. The amount of tokens minted are determined based on the net value of losses incurred at the end of a pool's epoch. A percentage of the losses, which is determined by governance, is minted for all pool participants after the epoch has ended. rDPX while having a no cap supply - has mechanisms in-place to avoid it from being valueless while also providing intrinsic value to the token. 1. rDPX would be a fee requirement for future app layer additions to Dopex such as vaults. 2. Dopex would support rDPX as collateral to borrow funds from Margin to leverage option positions. 3. rDPX would be usable as collateral to mint synthetic assets, commodities etc. which could further be used to create options for synthetic non-crypto assets. 4. Fee accrual can be boosted via staking rDPX.
Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circ. Supply
1.4M RDPX
Max Supply
Not enough data
Total Supply
2.1M RDPX
Diluted Valuation
$1.76M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
Not enough data
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.84
Price Change (1Y)
Not enough data
54.86%
Additional details
Market details
RDPX vs markets
↘ 38.75%
RDPX vs BTC
↘ 35.25%
RDPX vs ETH
↘ 38.2%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x0ff5A8451A839f5F0BB3562689D9A44089738D11 | |
Arbitrum | 0x32Eb7902D4134bf98A28b963D26de779AF92A212 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.84 | |
1 Day | $0.84 | |
1 Week | $0.84 | |
1 Month | $1.07 | |
1 Year | $1.86 |
FAQ
Dopex Rebate Token calculator
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Legal
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