Dopex Rebate (RDPX)

market_cap_rank: 2711 | coingecko_rank: null

Current Price

get_current_price()

$2.25 -0.66%

24h_range: $2.18 - $2.26

Price Changes

get_price_changes()

24h

-0.66%

+2.41%

14d

+21.35%

30d

+50.50%

+7.90%

Market Data & Supply

get_market_data()

market_cap

$3062782

fully_diluted_valuation

$4718868

volume_24h

get_supply_info()

circulating_supply

1363785

total_supply

2101202

max_supply

null

All-Time Records

get_ath_data()

All-Time High

$315.58

change: -99.29%

date: 2022-01-16

get_atl_data()

All-Time Low

$0.31

change: +626.86%

date: 2025-02-24

About Dopex Rebate

get_description()

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.

Additional Information

get_basic_info()

homepage

https://dopex.io