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Dymmax priceDMX
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For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
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- Total supply
- 0 DMX
- Circulating supply
- 0 DMX
Max. supply
10M DMX
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0xf058...553eed
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8117
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About Dymmax
What Is Dymmax Protocol (DMX)?
Dymmax is a novel protocol aiming to build a decentralized platform for options emission and secondary circulation. Dymmax is based on a well-studied parimutuel model, allowing to issue options without a seller. Buyers of various option types (PUT, CALL, IRONFLY) form a joint bank, which is guaranteed to be sufficient for expiration payments. The price of every option type is calculated off-chain when all bets are done for maximum auction efficiency. All matched orders are tokenized in the form of ERC-20 tokens, providing a way for the secondary market. New at-the-money optionsсобе with the same expiration day are issued every day, supplementing existing supply and increasing liquidity.
DMX is the native utility token that is used for:
- Increase Cashback from trading commissions
- Voting for new options
- Voting on DYMMAX development paths
- Staking to participate in the liquidity pools