Dopex

Dopex Token Live price data
The live price of Dopex Token today is 363.888501540044103422 USD. $dpx It is up 1,01% from the last trading day! We update our USD to dpx every 10 minutes!

Dopex Has a Market Cap of 181,944,251 USD and is up 1,01% in the last 24H!

What Is Dopex (dpx)?
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.

What Is Dopex (dpx) contract address??
The contract address for the Dopex is 0xeec2be5c91ae7f8a338e1e5f3b5de49d07afdc81 and it can be found on eth network.