How to buy Dopex from Bitget

What is Dopex (DPX)?

Dopex is an advanced DeFi protocol that specializes in options trading. Its goal is to create a trading environment that can potentially maximize gains for both option writers and buyers. The protocol was initially released in 2021 only on Ethereum, then it expanded to Polygon, Arbitrum, BSC, and Avalanche. According to Defi Llama, Dopex has $27.91 million in total value locked at the moment.

How Dopex (DPX) Works

Dopex has one innovative product called Single Staking Options Vault (SSOV). This kind of vault works in a similar fashion to other vaults in DeFi, but the innovative point is that assets deposited into the vaults will be sold as CALL or PUT options at fixed strikes and different expiries. The depositors are able to set the strikes and expiry, thereby selling covered options with higher chances of profits and lower chances of risks.

The protocol employs a dual-token mechanism. Two tokens of Dopex are:

- DPX, used for governance, in addition to fee and revenue accrual

- rDPX, used for rebates

How Many Dopex (DPX) Tokens Are in Circulation?

DPX has a capped total supply of 500,000, among which 241,915 tokens are in circulation.

How to Buy Dopex (DPX)

Consider investing in Dopex (DPX)? It only takes 2 minutes to create an account on Bitget and start trading DPX. 

 

Check out the available DPX trading pairs on Bitget!

 

Spot market

DPXUSDT

 

Dopex (DPX) Resources

Official Website

Official Documents

 

Bitget: Where The World Trades Dopex

Fast

Bitget’s world-class matching engine supports up to 1,400,000 orders per second. This ensures that your crypto trading experience is quick and reliable.

Simple

Trading crypto on Bitget is easy and intuitive. You only need a few steps to buy Dopex instantly.

Secure & Trusted

Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and SAFU (Secure Assets Fund for Users) insurance fund protect your account.

Liquid

Bitget is the world’s most liquid cryptocurrency exchange, with the biggest volumes across multiple crypto pairs.

How to buy Dopex from Bitget

What to Do After I Buy Dopex

Store/Hold Dopex

Many users hold on to their Dopex with the expectation of it increasing in value. You can store your DPX safely on your Bitget account or on our crypto wallet app Trust Wallet, the most user-friendly and secure mobile wallet.

Trade Dopex

You can trade Dopex for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Dopex trading to meet your needs.

Send Dopex

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Dopex online and send to anyone and anywhere with their Dopex address.

Spend Dopex

You can also buy goods and services with your Dopex. More and more vendors and retailers accept Dopex every day.

Donate Dopex

Bitget Charity accepts Dopex donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Dopex so no one misses out on the growth made possible by blockchain.

Learn More About Dopex

You can read more in-depth articles on Dopex from Bitget Research and study how cryptocurrencies like Dopex work on Bitget Academy

Buy and Sell DPX on the Move

Download the Bitget crypto trading app and trade your DPX plus 150+ cryptocurrencies, anytime and anywhere.

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(!) Cryptocurrency investment activities, including actions done to buy Dopex online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Dopex instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Dopex purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.