DMX

Dymmax price
DMX

This is a preview page.
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
Total supply
0 DMX
Max. supply
10M DMX
Circulating supply
0 DMX


Dymmax community

skeleton-white
 
 
 
 
 
 

Dymmax News

  • Top
    Top
  • Latest
    Latest
CMC Daily Analysis

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

How Many DMX Coins Are There in Circulation?

Who Are the Founders of Dymmax Protocol?

Where Can I Buy Dymmax Protocol (DMX)?