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    Dopex Rebate

    RDPX

    Rank #1752

    $5.51

    +2.19%
    24H Low$5.19
    $5.6924H High
    24H Volume
    $29987
    All-Time High(ATH)
    $315.58
    All-Time Low(ATL)
    $1.78
    Market Cap
    $7.51 M
    Fully Diluted Valuation
    $11.58 M
    Market Cap/FDV
    64.87%
    Circulating Supply
    1.36 M RDPX
    Total Supply
    2.1 M RDPX
    Max Supply
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Dopex Rebate (RDPX) Price Trends

    Time period
    Change amount
    % Change
    1H
    $+0.3200
    +6.24%
    24H
    $+0.1200
    +2.19%
    7D
    $-0.2700
    -4.59%
    30D
    $-1.65
    -23.02%
    1Y
    $-25.27
    -82.1%

    Credibility Indicators

    61.43

    Reliability Score

    Rank #1

    # 3692

    Percentile

    TOP 30%

    Investors

    LedgerPrime

    LedgerPrime

    Live Dopex Rebate (RDPX) Price Update

    Dopex Rebate price today is $5.51 with a 24-hour trading volume of $29987, and as such Dopex Rebate has a market cap of $7.51 M, giving it a market dominance of 0.00040%. The Dopex Rebate price moved 2.19% in the last 24 hours.

    Dopex Rebate reached its highest price on 2022-01-16 when it was trading at its all-time high of $315.58, while its lowest price was recorded on 2021-07-20 when it was trading at its all-time low of $1.78. The current lowest price since the last cycle high was $1.78, and the highest price since the last cycle low was $315.58. The social sentiment of Dopex Rebate is currently Positive.

    The current circulating supply of Dopex Rebate is $1.36 M RDPX. In terms of market cap, Dopex Rebate is currently ranked 1752.

    About 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.

    FAQs

    1. What determines the price movement of Dopex Rebate?

    There are two schools of thought in determining the price of Dopex Rebate.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Dopex Rebate, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Dopex Rebate from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Dopex Rebate on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Dopex Rebate as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Dopex Rebate and the cryptocurrency market as a whole.

    Dopex Rebate Tokenomics

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    Dopex Rebate Analysis

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