RDPX to USD Converter
How much US Dollar ( USD) is 1 Dopex Rebate ( RDPX)?
Dopex Rebate
RDPX
US Dollar
USD
Last update: Refresh
How does it work?
The Morpher currency calculator allows you to convert a currency from Dopex Rebate (RDPX)
to US Dollar (USD) in just a few clicks at live exchange rates.
Simply enter the amount of Dopex Rebate 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 RDPX, 5 RDPX, 10 RDPX, 50 RDPX etc.
Trade RDPX on Morpher with zero fees and infinite liquidity
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Quick facts about Dopex Rebate
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.
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.
RDPX Price Chart
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RDPX to USD price stats
24hr
0.00%
7d
-0.64%
30d
6.72%
Over the past 30 days, Dopex Rebate has gained 6.72% to USD. The trend and price charts for the past
week shows that RDPX has dropped -0.64% to USD and over the past 24 hours, RDPX has gained 0.00% to
USD.