Dopex Rebate

Price

(rdpx)
Note: This platform does not support trading services in this currency
$2.72 -0.8%

      Overview

      rdpx Price Live Data

      rdpx Price Information

      24h Low/High

      24h Low $2.71
      24h High $2.78

      All Time High

      US$315.58

      All Time Low

      US$1.25

      High Price 7D

      US$2.83

      Low Price 7D

      US$2.5

      rdpx Market Information

      Market Cap Ranking

      2642

      Fully Diluted Valuation

      US$5718740

      Total Supply

      2,101,201.71

      Maximum Supply

      Market Cap Advantages

      0%

      Circulation Supply/Total Market Cap

      0.000

      About rdpx

      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.

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