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?

DPX is the limited supply governance token. Read more.

What is rDPX?

rDPX is the dopex rebate token that gets distributed to pool writers. Read more.

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?

Here.

What blockchain are you launching on?

Some of our smart contracts have already launched on Mainnet Ethereum. Our core options exchange platform will launch on Arbitrum L2.

Wen testnet? / Roadmap

In July.

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 AMA: Read the AMA.

A sneak peek of the product?

Option Chain
Portfolio Page
Option Swapping
Last modified 3mo ago