DPX Price Today
Dopex price today is $459.57 with a 24-hour trading volume of $2,949,530. DPX price is down -14.4% in the last 24 hours. It has a circulating supply of 200 Thousand DPX coins and a total supply of 500 Thousand. If you are looking to buy or sell Dopex, Bilaxy is currently the most active exchange.
What was the highest price for Dopex?
Dopex hit an all time high of $4,215.41 on Jan 15, 2022 (7 months).
What was the lowest price for Dopex?
Dopex had an all time low of $88.04 on Jun 26, 2021 (about 1 year).
What was the 24 hour trading volume of Dopex?
The 24 hour trading volume of Dopex is $2,949,530.
Where can Dopex be traded?
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.