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What is Dopex?

Dopex is a Decentralized Options Exchange that uses blockchain technology to provide permissionless and non-custodial access to options trading. Our vision is to provide a platform that minimizes losses for option writers and maximizes liquidity for option buyers.


Dopex specializes in options and our product line ranges from naked options to various option-powered strategies.
See Which Product is Right for Me? for a brief outline of each product and Products for a full overview.


Dopex uses a dual token structure consisting of $DPX and $rDPX. $DPX is the protocol's governance token whilst $rDPX is a rebate token that compensates writers for their losses.
See Tokenomics for a full overview of our token model.

Option Fundamentals

Before using Dopex, it is important to understand how options work and the risks associated with using them.
See Option Fundamentals for a brief explanation of options.


If you have read through the documentation and are familiar with the risks associated with our products and options in general, we have accompanying walkthroughs that will guide you through how to use our application.
See Walkthroughs for step-by-step guides for each of our products.

The Dopex Ecosystem

The beauty of DeFi lies in composability - the ability of a protocol to act as building blocks for other protocols to create synergies that are not possible when building alone. The following is a non-exhaustive list of the protocols that Dopex is integrated with.