Alpha Radar: Dopex & Smart Money Movements
- $1.4M inflows into the Dopex: rDPX Monthly Calls SSOV V3 3 contract over the past week. 1 Smart money depositor over the past day.
- Dopex is a decentralized options protocol on Arbitrum, which aims to maximize liquidity, minimize losses for option writers and maximize gains for option buyers - all in a passive manner for liquidity contributing participants. SSOVs allows users to lock up tokens for a specified period of time and earn yield on their staked assets. Users will be able to deposit assets into a contract which then sells your deposits as call options to buyers at fixed strikes that they select for end-of-month expires.
- The current epoch for rDPX call options runs from 5 Sep 2022 - 30 Sep 2022.