Dopex Rebate

Price

(rdpx)
Note: This platform does not support trading services in this currency
$1.48 0.00%
  • 1 Hour
  • 24 Hours
  • 7 Days
  • 14 Days
  • 30 Days
  • 1 Yr
  • 0.00%
  • 0.00%
  • +4.8%
  • -11.7%
  • -15.0%
  • -40.4%

Overview

rdpx Price Live Data

Today's price of Dopex Rebate (RDPX) is US$1.48 and the 24 hour trading volume is US$97.36. This shows the price for the last 24 hours is Unchanged 0.00% and the price for the past 7 days is Increase to 4.88%. The circulation supply is 1.36378518206809 million RDPX and the market cap of Dopex Rebate is US$2,012,712.

rdpx Price Information

24h Low/High

24h Low $0
24h High $0

All Time High

US$315.58

All Time Low

US$0.308974

High Price 7D

US$1.54

Low Price 7D

US$1.47

rdpx Market Information

Market Cap Ranking

2914

Fully Diluted Valuation

US$3101011

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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