Dopex Governance Token

What is DPX and how Does It Work?

Dopex, a decentralized options protocol, aims to enhance fluidity and mitigate losses for option writers, with potential to benefit option buyers by offering appealing prices. Utilizing a specific option pricing model, the platform harnesses the power of Chainlink adapters and the Black Scholes formula. This calculation takes into account implied volatility which is drawn from volatility smiles based on realized volatility, establishing an effective system of pricing. The protocol seeks to redress several issues in the options market such as inconsistent fluidity, varied pricing, composability shortcomings, user adoption issues and unequal arbitrage opportunities. It does so without stepping into any pronouncements of reliability, trustworthiness or stability, following the set content guidelines. Users interact with the protocol using a token referred to as DPX, seamlessly participating in protocol and application level proposals. Dopex, indeed, maintains a clear focus on ameliorating decentralized options trading by fostering a professional environment that encourages passive fluidity contribution from its participating users.

How to Buy and Store DPX?

To purchase DPX, Flooz.xyz offers a streamlined process using their one-stop solution. You can trade DPX directly on Flooz.xyz, enjoying a smooth checkout without the need to own a wallet. All payment methods are supported, making it convenient for you to tap, tap, go! Additionally, Flooz.xyz provides a self-custodial web wallet that ensures seamless DPX transactions. You can store, send, and receive DPX tokens with ease, creating a self-custodial wallet directly on Flooz using your email, Google, or Apple ID in seconds. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz. Furthermore, with Flooz.xyz's aggregation of over 50+ providers, you can trust that you will have the fastest and most secure payment routes for your DPX trades. Rest assured that your funds are safeguarded and accessible at all times, thanks to the power of cryptography.

DPX Metrics:

• Current price: $11.0843

• Market cap: $5.54 M

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $481