FAQ
Frequently Asked Questions
What is Dopex?
We're an efficient decentralized options protocol. With fair pricing, pooled liquidity and rebates for sellers - in case they make losses during any week - and backed by the largest option MMs in the crypto space. Read more.
Why Options?
- TradFi options mkt volume is in the trillions
- Deribit options volume for $BTC alone did $14+ bln
- Current mkt of DEX options volume does only $2+ mln
What is DPX?
What is rDPX?
How to value rDPX?
rDPX doesn't have a supply cap since rebates are impossible to predict. There are a few use cases for the token to ensure it holds its value, such as
- rDPX/WETH LP token is usable for DPX farming.
- rDPX will be a fee requirement for future contracts built over dopex, like say vaults.
- rDPX would be used as collateral for synths, which could be used to create synthetic options for non-crypto assets.
- Fees collected with staking DPX could be boosted with rDPX.
The token would also have deflationary properties within the protocol, to balance supply.
Where to farm DPX/rDPX?
What blockchain are you launching on?
Roadmap
Q4 2021 & Q1 2022
Who is behind Dopex?
Our core developers are @tztokchad and @witherblock with most of the team being Anon. Full introduction can be found in our previous AMAs:
A sneak peek of the product?
Option Chain
Portfolio Page
Option Swapping
Learn more about Options
We have created a series called 'Dopex Essentials' for beginners. These small posts will introduce you to the world of options and help you understand the basics.
Ep 2 - Volatility Smiles & Surfaces https://blog.dopex.io/dopex-essentials-volatility-smiles-surfaces-239355da26f5
Ep 5 - Option Greeks (A Brief Overview) https://blog.dopex.io/options-greeks-a-brief-overview-ab24d4fe70ad
And more to come..
Other useful links
Dune Dashboard (ETH Mainnet - needs to be updated to Arbitrum): https://duneanalytics.com/flim/Dopex
Last modified 2mo ago