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.
Where is Dopex Rebate available for purchase?
You can exchange RDPX tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Dopex Rebate is Sushiswap V3 (Arbitrum), notably the RDPX/WETH pair, which saw a trading volume of $ 96.19 in the past day. Additionally, Camelot V3 is popular alternative for trading tokens.
What is the highest value Dopex Rebate (RDPX) has ever reached?
Dopex Rebate (RDPX) reached its peak price at 315.58 $ on 16 January 2022, approximately 4 years ago ago. Presently, the current price is -99.4% lower than this all-time high.
What is the historical minimum price for Dopex Rebate (RDPX)?
The minimum price reached for Dopex Rebate (RDPX) was 0.3089 $, documented on 24 February 2025, more than 6 months ago. In comparison, the current price is 511.7%, it above this historical low.
What is the fully diluted valuation of Dopex Rebate (RDPX)?
The fully diluted valuation (FDV) of Dopex Rebate (RDPX) stands at $ 4,22 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of RDPX tokens. The realization of this FDV might take several years depending on the emission schedule of RDPX tokens.
How to add Dopex Rebate (RDPX) to MetaMask?
By integrating Dopex Rebate (RDPX) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import RDPX as a token. You can either manually import RDPX by copying its contract address (0x0ff5a8451a839f5f0bb3562689d9a44089738d11) or use MetaMask's Chrome extension to add RDPX with a single click through P.CASH.
How to add Dopex Rebate (RDPX) to TrustWallet?
Incorporating Dopex Rebate (RDPX) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include RDPX, you can either manually import it using the contract address (0x0ff5a8451a839f5f0bb3562689d9a44089738d11) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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