Dopex

The Stryke Vault, supported by Dopex, has achieved $1 million in Total Value Locked (TVL). The vault offers a Total APR of 61.82%, consisting of Reward APR at 36.43% and Fee APR at 25.39%. Users can still benefit from the attractive rewards provided.

The first CLAMM vault on Stryke is now available on 0xOrangeFinance, automating CLAMM liquidity management to maximize LP rewards. Users can deposit CLAMM liquidity in the ETH/USDC Orange vault, ensuring funds stay close to spot price for maximum rewards. Features include auto rebalancing, monitoring utilization, anytime redemption, and single asset deposits. Collaborative events offer rewards like up to 37,500 $ARB and 1,500 $USDC.

Stryke is launching the CLAMM upgrade introducing new UI features, customizable hooks, reserve liquidity, range selector, and multi DEX support. Users must migrate liquidity to the new system by March 1st to continue accruing rewards.

Dopex has rebranded to Stryke, introducing a new token $SYK to unify the protocol value. Old products like SSOVs and $rDPX V2 Bonding will be sunset. Conversion ratios include 1 $DPX = 100 $SYK and 1 $rDPX = 13.333 $SYK. The new $SYK token will have a total supply of 100M. Dopex aims for cross-chain utility and introduces a Reward Gauge System. The fee breakdown allocates 80% to $xSYK holders, 10% to the Insurance Fund, and 10% to Protocol Treasury. $SYK and $xSYK are currently under audit.

Dopex_io retweeted that a live chat will be happening in 30 minutes with partners such as Cega_fi, PremiaFinance, Panoptic_xyz, Ryskfinance, and Dopex_io to discuss Options.

Blessings are dropping soon.

Dopex has announced that they will be sunsetting their Single Staking Option Vaults (SSOVs). The SSOVs have achieved over $400 million in cumulative volume and allowed decentralized options to thrive on the Arbitrum network. Dopex will continue supporting SSOVs until the end of February. Going forward, the team will focus on their new flagship product, CLAMM.

Dopex is now listed on @tokenterminal as of 2024-01-30.

0xOrangeFinance is set to launch its LPDfi vault on top of CLAMM next week. The vault will actively rebalance liquidity positions by monitoring utilization status. There will also be a thread-writing competition and a mystery event to look out for.

The X Space, hosted by @rivoxyz, is now live. Join now to participate.