Verified OGs:
9
CryptoFam:
260
Projects:
26551
BTC:
$108,960
0.19%
ETH:
$4,483.62
3.00%
ETH Gas
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Avarage
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Market Cap:
$3.87T
Fear&Greed:
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Dopex DPX Logo
Dopex DPX
$5.72 2.49%
OG Score 0
Reviews 0
Dopex DPX Logo

Dopex DPX Price

$5.72 2.49%
Low All Time High
$0.00475805 $4215.41

Introduction

Dopex is a decentralized options protocol on Arbitrum, offering unique governance and income-generating features in DeFi. More

OG Score 0
Reviews 0
Market Cap $0
Market Cap Rank # 999999

Token Stats

Fully Diluted Valuation $2.78M
24H Trading Volume $1
24H Low / High $5.54 / $ 5.58
Circulating Supply 0.00
Total Supply 500.00 K
Max Supply 500.00 K

Info

Categories Exchange-based Tokens 6 more
Founder Anonymous
Website dopex.io
Socials 3 more
Chains Ethereum Ecosystem 1 more
Explorer Ethplorer 4 more
Contracts Dopex 0xeec....fdc81 1 more

DPX/USD Price Chart

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$DPX Community Sentiment

OG Evaluation

OG Score

OG Score Rank #NA
Reviews 0
Gem Score N/A

OGAudit Coin Evaluation Metrics

Innovation 0 .00
Innovation Evaluates whether the project introduces a unique, impactful solution that clearly outperforms competitors.
Security 0 .00
Security Assesses the robustness of smart contracts or protocol security, and the availability of up-to-date audit reports.
Community 0 .00
Community Measures how actively the team engages its community and whether governance decisions involve on-chain voting or transparent input.
Tokenomics 0 .00
Tokenomics Examines the utility of the token, distribution fairness, and whether there are clear incentives for long-term holding or usage. Also evaluates the project’s revenue model, including income sources, sustainability, and whether value flows back to token holders or the ecosystem.
Team 0 .00
Team Evaluates the experience,credibility of the founding and development team.
Roadmap 0 .00
Roadmap Assesses the clarity, transparency, and timely execution of the project's development roadmap.

Dopex $dpx User Reviews

What Crypto OGs are Saying About Dopex

$dpx Markets

Name Pair OG Score

About Dopex $dpx

What is Dopex (DPX)?

Dopex, a decentralized options protocol, was launched in May 2021 and has swiftly carved a niche in the DeFi space. Operating primarily on the Arbitrum network, Dopex aims to maximize liquidity and minimize losses for options writers while enhancing gains for buyers. Its distinctive approach includes offering European style options, fully backed by collateral, and issued as ERC-20 tokens. This setup allows for flexibility in trading, with options being exchangeable across platforms like Uniswap or SushiSwap.

At the heart of Dopex's ecosystem is its governance token, DPX, which plays a multi-faceted role. As a limited supply token, DPX entitles holders to vote on protocol and application-level proposals, akin to governance structures in projects like MakerDAO and Compound. Importantly, DPX accumulates fees and revenues from various pools, vaults, and wrappers within the Dopex protocol. Additionally, holders can lock DPX to receive veDPX, a non-tradable vote-escrowed version, enhancing their governance capabilities over decisions impacting the protocol's future.

Innovative features such as Single Staking Option Vaults (SSOVs) and liquidity pools underline Dopex's commitment to simplifying participation while offering passive income opportunities. SSOVs enable users to earn yields by locking up tokens, which are then sold as CALL or PUT options. Liquidity pools further augment this by allowing for efficient market exit strategies. Dopex's launch on Arbitrum and subsequent expansion to Polygon reflects its strategic growth, focusing on scalability and efficiency, pivotal in today’s fast-paced DeFi landscape.

What is unique about Dopex (DPX)?

Dopex stands out for its focus on maximizing liquidity and minimizing losses for option writers, while boosting gains for option buyers. It features European style options, fully backed by collateral, and a governance token, DPX, that accrues fees and revenue.

Who are the founders of Dopex (DPX)?

Dopex was founded in Spring 2021 by an anonymous team of developers, including TzTok-Chad (senior developer) and others identified through their Twitter accounts.

Who are the backers/investors of Dopex (DPX)?

Dopex has backing from several pseudonymous, prominent figures in Crypto Twitter, like Tetranode and DefiGod, forming a collective of angel investors.

Where can I buy Dopex (DPX)?

You can buy Dopex (DPX) on Uniswap V2 (Ethereum), Sushiswap (Arbitrum One), Camelot V3 cryptocurrency exchanges.

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