Treasury Update - January 2024
What better way to start the year off than a saunter through the financial affairs of everyone’s favourite decentralized options protocol.
Treasury Wallets
This report is based on Dopex’s protocol-owned wallets which can be found at the following addresses:
- 0x04e38cdc3559fe6d91291cf4084d16340e4b585f
- 0x7d6fadb02e70bfb6325cfd6ec5605e552115aa76
- 0xb8689b7910954bf73431f63482d7dd155537ea7e
- 0x2fa6f21ecfe274f594f470c376f5bdd061e08a37
- 0x738ee36d7b860cefff526553e28a2b8928de4483
- 0x0a95222b5ed8690a0279993e63903687536ccecd
- 0x880c3cdca73254d466f9c716248339de88e4a97d (new addition)
These have been masterfully compiled in this Zapper profile here for your ease of perusal.
As per usual, some funds have been added or omitted from the protocol balances for the following reasons:
Added
MM funds (total ~$356,703)
1,456 $DPX, 19.5 $ETH, and 203,420 $USDT is held by market makers.
CEX funds (total ~$173,000)
Trust me bro.
LP Positions unlisted on Zapper (total ~$1,309,570)
Camelot
38,016 $rDPX, 1,411 $DPX, and 117 $ETH is LPed on Camelot totaling ~$602,341.
CLAMM
4.76 $wBTC, 77 $ETH, 60,528 $ARB, and 67,600 $USDC is LPed on the CLAMM totalling $557,534.
Curve
60 rtETH/ETH Curve LP Tokens are held totalling ~$138,240
rtETH
5 $rtETH is held totalling ~$11,515.
Removed
$ARB STIP
143,999 $ARB residing in 0x880 is from the STIP and has been removed from the treasury balance.
Dust Amounts
Various dust amounts have been omitted.
Account Balances
See attached for account balance as at 31 January 2024.
Oh bollocks!
Now a little pie chart for a per-asset breakdown:
Absolutely delicious.
Month-on-Month (MoM) Performance
A mere drawdown of 2.68% after an entire month of hard work?
Incredible.
Closing Comments
Thank you for joining us for another thrilling documentation of the financial affairs of Dopex Pty Ltd.
Until next time, my budding accountants.
About Dopex
Dopex is a decentralized options protocol that aims to maximize liquidity, minimize losses for option writers and maximize gains for option buyers — all in a passive manner. Dopex uses option pools to allow anyone to earn a yield passively. Offering value to both option sellers and buyers by ensuring fair and optimized option prices across all strike prices and expiries. This is thanks to our own innovative and state-of-the-art option pricing model that replicates volatility smiles.
📱Stay Connected
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🚨IMPORTANT
Be careful of fake Telegram groups, Discord servers and Twitter accounts trying to impersonate Dopex.