About Dopex Rebate 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.

Dopex Rebate (RDPX) Price Data

Dopex Rebate (RDPX) price has decreased today.

Dopex Rebate price today is $2.9784 with a 24-hours trading volume up by -- %. RDPX price is down in the last 24 hours. It has a circulating supply is 2.25M RDPX coins and a total supply of 2.25M.

What is the highest price for Dopex Rebate?

The all-time high price of Dopex Rebate is $299.46 on Jan 17, 2022.

What is the lowest price for Dopex Rebate?

The all-time low price of Dopex Rebate is $0.006233 on Feb 15, 2024.