Dopex Rebate Price (RDPX)

Price of Dopex Rebate (RDPX) Today

The live price of Dopex Rebate (RDPX) today is 1.25 USD. It has a current market cap of $ 1.71M USD. RDPX to USD price is updated in real-time.
Key Dopex Rebate Market Performance:
- 24-hour trading volume is -- USD
- Dopex Rebate price change within the day is +6.41%
- It has a circulating supply of 1.36M USD

Get real-time price updates of the RDPX to USD price on MEXC. Stay informed with the latest data and market analysis. It is essential for making smart trading decisions in the fast-paced cryptocurrency market. MEXC is your go-to platform for accurate RDPX price information.

Dopex Rebate (RDPX) Price Performance in USD

During today, the price change of Dopex Rebate to USD was $ +0.075493.
In the past 30 days, the price change of Dopex Rebate to USD was $ +0.2826387500.
In the past 60 days, the price change of Dopex Rebate to USD was $ -0.2038561250.
In the past 90 days, the price change of Dopex Rebate to USD was $ 0.

Dopex Rebate (RDPX) Price Analysis

Discover the latest price analysis of Dopex Rebate: 24h Low & High, ATH and daily changes:

Dopex Rebate (RDPX) Market Information

Dive into the market statistics: market cap, 24h volume, and supply:

What is 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.

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