Dopex RebatePrice(RDPX)
Details No data
Dopex Rebate (RDPX) Price information (USD)
The current real-time price of RDPX is $0.6605. In the past 24 hours, RDPX has traded between $0.6605 and $0.6611, showing strong market activity. The all-time high of RDPX is $315.58, and the all-time low is $0.3089.
From a short-term perspective, the price change of RDPX over the past 1 hour is
Dopex Rebate (RDPX) Market Information
Dopex Rebate (RDPX) Today's Price
The live price of RDPX today is $0.6605, with a current market cap of $900.846K. The 24-hour trading volume is 0.965348. The price of RDPX to USD is updated in real time.
Dopex Rebate (RDPX) Price History (USD)
No data
What is DOPEX REBATE (RDPX)?
When is the right time to buy RDPX? Should I buy or sell RDPX now?
Before deciding whether to buy or sell RDPX, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s RDPX technical analysis can provide you with trading references.
Future price trend of RDPX
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for RDPX.
How much will RDPX be worth tomorrow, next week, or next month in ? What about your RDPX assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! RDPX Price Prediction
How to buy DOPEX REBATE (RDPX)
Convert RDPX to local currency
RDPX Resources
To learn more about RDPX, consider exploring other resources such as the whitepaper, official website, and other published information:
Blockchain explorer
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xcee2...97180d  | 2.212M | 50.71% |
arbitrum-one | 0x65b1...daa3b0 | 1.931M | 44.26% |
arbitrum-one | 0x5dad...4caa94 | 55,929.70 | 1.28% |
ethereum | 0x20e3...c01bde | 23,360 | 0.54% |
arbitrum-one | 0xd840...c3af35 | 9,134.414 | 0.21% |
Other | 131.044K | 3% |
Hot Events
DOPEX REBATE (RDPX) FAQ
What is the relationship between Dopex and the new Stryke protocol?
Dopex rebranded to Stryke in early 2024 to simplify its product suite and streamline its tokenomics. As part of this evolution, the project transitioned from its original dual-token model, which consisted of DPX and rDPX, to a unified single-token system. The new ecosystem is now centered around the SYK token, which consolidates governance and utility functions that were previously split between the two legacy tokens.
How do I migrate my legacy rDPX tokens to the new SYK token?
Holders can swap their rDPX for the new SYK token through the official Stryke migration portal. The migration ratio is set at 1 rDPX for every 13.333 SYK. While the window for migration is expected to remain open until mid-2025, users are encouraged to complete the process early to access updated staking rewards and participate in the new ecosystem. Holders using private wallets should connect to the official migration site to facilitate the exchange.
Is the rDPX token being phased out of the ecosystem?
Yes, rDPX is being sunset as the protocol moves toward the unified SYK token and its governance-locked counterpart, xSYK. Legacy rDPX-related products, including V2 bonding, were officially deprecated in early 2024. All future protocol developments, utility, and incentives are focused on the SYK token, making the migration necessary for users who wish to remain active within the Stryke ecosystem.
What was the original core utility of the rDPX token?
rDPX was originally designed as a rebate token intended to compensate option writers and liquidity providers for potential losses. If a pool experienced a net loss during a specific period, the protocol would mint and distribute rDPX tokens to participants. This mechanism was used to mitigate risk for liquidity providers and provide a secondary incentive for participating in the options market.
What were the key features introduced in the rDPX V2 upgrade?
The V2 upgrade was designed to give rDPX intrinsic value beyond its use as a rebate. It introduced a bonding system where users could combine rDPX with other assets to mint yield-bearing synthetic tokens. Additionally, it implemented deflationary mechanics, such as burning rDPX during the minting process, and established a sell tax to benefit the protocol treasury and long-term stakers.
Does rDPX have a supply cap, and how does its tokenomics differ from SYK?
rDPX was designed with an uncapped supply because it was minted dynamically based on the losses of protocol participants. To combat inflation, the protocol introduced various burn and lock mechanisms. In contrast, the new SYK token features a fixed total supply of 100 million tokens. This transition from an infinite supply model to a capped one is intended to create a more stable and predictable economic structure for the Stryke ecosystem.
