Dopex (DPX) Price added a quarter to its value: Where can you buy it?

Dopex (DBX) is a decentralized options protocol that targets liquidity maximization while minimizing losses for option writers and maximizing gains for buyers. It has added 25% to its value today.

Look no farther than this guide for all the details: what it is, should you buy it now, and the top places to buy it.

Top places to buy Dopex now

What is Dopex?

This easy-to-use platform makes it possible for anyone to participate in an option pool. Users can deposit base/quote for their respective pools, earn passive income by writing, and purchase discounted options through liquidity pools.

Option writers benefit from a rebate system for losses based on the exercised options for every monthly or weekly series. Rebates are calculated based on percentage losses incurred by options writers during a weekly series and then paid in the protocol’s rebate token rDPX.

Option pool participants receive a percentage of rPDX relative to their value of losses. Using this rebate system, options writers benefit from a higher return than they would have from hedging strategies.

Should I buy it today?

Dopex shows promise, but it’s a relatively new asset. Exercise caution and study the market before making a commitment.

DPX price prediction

According to Tech News Leader, Dopex will go from its current price of $1,941 to $3,288 in 1 year. It will trade for $10,182 in 5 and for $69,214 in 10 years.

Dopex on social media

@dopex_io

Market Cap: $316,197,242 / TVL: $55 million / Staked Value: $301 million

Unlike Ribbon, Dopex is both a marketplace and structure product platform (2 in 1).

— Micah Spruill (@micahspruill) February 8, 2022