Today Dopex Rebate (RDPX) only traded on Camelot V3. The maximum trading volume is observed for the trading pair RDPX/WETH--13 and reaches 32 dollars (100% of the total volume across all exchanges). During the week, the minimum price for Dopex Rebate (RDPX) is fixed on Friday at 1.35 dollar. Currently, the token Dopex Rebate is trading in the range of 1.38 dollar or 139.82 rubles for 1 RDPX.
RDPX Dopex Rebate
Price of Dopex Rebate (RDPX)
Exchanges where RDPX is traded
Exchange | Pair | Price | Volume, 24h | ||
---|---|---|---|---|---|
1 | Camelot V3 | RDPX/WETH--13 |
$ 1.47
WETH--13 0.0004
|
$ 32 | Go |
Calculator RDPX
1 RDPX = 1.38 USD
What is Dopex Rebate?
rDPX is the Dopex protocol rebate token. It is a token minted and distributed for any losses incurred by pool participants. The amount of tokens minted are determined based on the net value of losses incurred at the end of a pool's epoch. A percentage of the losses, which is determined by governance, is minted for all pool participants after the epoch has ended.
rDPX while having a no cap supply - has mechanisms in-place to avoid it from being valueless while also providing intrinsic value to the token.
1. rDPX would be a fee requirement for future app layer additions to Dopex such as vaults.
2. Dopex would support rDPX as collateral to borrow funds from Margin to leverage option positions.
3. rDPX would be usable as collateral to mint synthetic assets, commodities etc. which could further be used to create options for synthetic non-crypto assets.
4. Fee accrual can be boosted via staking rDPX.
Official websites and links for Dopex Rebate
There are currently about 5 official links to Dopex Rebate websites and social media:
- Website - dopex.io
- Twitter - twitter.com/dopex_io
- Reddit - reddit.com/r/Dopex
- Facebook - facebook.com
- GitHub - github.com/dopex-io