DPX to USD Converter
How much US Dollar ( USD) is 1 Dopex ( DPX)?
![change](https://assets.coingecko.com/coins/images/16652/small/DPX_%281%29.png?1696516213)
Dopex
DPX
US Dollar
USD
Last update:
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How does it work?
The Morpher currency calculator allows you to convert a currency from Dopex (DPX)
to US Dollar (USD) in just a few clicks at live exchange rates.
Simply enter the amount of Dopex you wish to convert to USD and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 DPX, 5 DPX, 10 DPX, 50 DPX etc.
Trade DPX on Morpher with zero fees and infinite liquidity
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Quick facts about Dopex
Dopex (Decentralized Options Exchange) is a decentralized options protocol that aims to maximize liquidity and minimize losses for option writers while maximizing gains for option buyers.
This is done in a passive manner for liquidity-contributing participants.
DPX is the limited supply governance token for the Dopex protocol and is used to vote on protocol and app level proposals.
Apart from being a vanilla governance token, DPX also accrues fees and revenue from pools, vaults and wrappers built over the Dopex protocol after every global epoch. Dopex makes use of unique option pricing model that is calculated on-chain based on the Black-Scholes formula — using implied volatility and asset prices retrieved via Chainlink adapters — and passed through a function to determine volatility smiles based on the realized volatility of the asset.
This model ensures pricing that is fair and efficient platform flow.
Dopex provides solutions to low liquidity, unfair pricing, lack of composability, lack of user adoption, and unfair arbitrage opportunities during times of high volatility — all without compromising the buyer and seller experience.
This is done in a passive manner for liquidity-contributing participants.
DPX is the limited supply governance token for the Dopex protocol and is used to vote on protocol and app level proposals.
Apart from being a vanilla governance token, DPX also accrues fees and revenue from pools, vaults and wrappers built over the Dopex protocol after every global epoch. Dopex makes use of unique option pricing model that is calculated on-chain based on the Black-Scholes formula — using implied volatility and asset prices retrieved via Chainlink adapters — and passed through a function to determine volatility smiles based on the realized volatility of the asset.
This model ensures pricing that is fair and efficient platform flow.
Dopex provides solutions to low liquidity, unfair pricing, lack of composability, lack of user adoption, and unfair arbitrage opportunities during times of high volatility — all without compromising the buyer and seller experience.
DPX Price Chart
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DPX to USD price stats
24hr
-4.68%
7d
-21.65%
30d
-19.34%
Over the past 30 days, Dopex has dropped -19.34% to USD. The trend and price charts for the past
week shows that DPX has dropped -21.65% to USD and over the past 24 hours, DPX has dropped -4.68% to
USD.