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With just a blink of an eye, the first month of the year has passed.

January has been a busy month for Dopex and its ecosystem partners with multiple product releases and significant progress in development of their respective protocols. It is not easy to keep tabs on everything thats happening, so we’ve compiled and filtered everything just for you.

Without further ado, here is a summary of important developments that you need to know.

To start the year strong, Dopex released threenew products with different partners. Each of the products have their own use cases and expands the use of options in DeFi.

The first product release of the year was the wstETH SSOVs with Lido Finance. This allows wstETH holders to write weekly call options to earn base staking yield, premium and LDO incentives, all in one vault. Talk about generating maximum yield with your wstETH. On the other hand, you can also purchase call options to lever your position and speculate if ETH price will go up.

The second product, the Option Liquidity Pools, was an upgrade to our SSOVs. It allowed option buyers to exit their positions mid-epoch by selling these at a discount. This solves the problem of options being illiquid and is a step towards composability.

Right now, we only have OLPs for monthly DPX, but rest assured that other SSOVs will also their OLPs launched.

Last but not the least, and arguably the most awaited is the Atlantics Insured GMX Perps. This closed-contract product allows you to go long (up to 10x) using GMX perps without the risk of liquidations. Finally, you degens can get a good night’s sleep while leverage trading

Accompanying our product launches are a number of explainers and walkthroughs to introduce and explain how to use these products. Don’t worry these are CEO approved and are ELI-5 for everyone’s consumption.

Dopexpedia V2 was also rolled out this month by our Chief Information Officer, Bella, and is a document where you can find all the information there is about Dopex.

PlutusDAO which started as a sinkhole for DPX and Jones, has branched off to acquiring other governance tokens such as SPA.

According to Plutus Dune Dashboard they have the following:

This means that nearly $2 worth of value is controlled per locked $PLS.

Interesting to see how PlutusDAO will use their votes once Dopex governance is live.

The first protocol built on Dopex has been winning in all aspects this January!

We are extremely proud of JonesDAO’s accomplishments and will continue to support them as they build their next products.

On a marketing perspective, Dopex has been making rounds appearing on several Community AMAs and TwitterSpaces to introduce Dopex to new users and to promote recent product releases.

For this February, we will we expecting these releases

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.

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