Treasury Update - December 2023

Treasury Update - December 2023

Treasury Update - December 2023

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LET’S…

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GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!

On to the December treasury report!

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

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 ~$372,607)

1,463 $DPX, 19 $ETH, and 203,013 $USDT is held by market makers totalling ~$372,607.

Incredible.

CEX funds (total ~$173,000)

Despite advancements in on-chain derivatives, there is simply no better UX than punting 1,500x leveraged longs on various shitcoins with the treasury (kidding!).

~173K $USDC is currently deposited.

LP Positions unlisted on Zapper (total ~$2,037,898)

Camelot

32,446 $rDPX, 1,304 $DPX, and 136 $ETH is LPed on Camelot totaling ~$722,044.

Concentric

2,624 $ARB, 45,471 $USDC, 5 $ETH and 10,492 $CONE is LPed on Concentric totaling ~$85,137.

CLAMM

546,869 $USDC is LPed on the CLAM.

Curve

30 $ETH and 30 $rtETH is LPed on Curve totalling ~$138,240

rtETH

4 $rtETH is held totalling ~$9,216.

Removed

$ARB STIP

97,574 $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 December 2023 (Australia time of course) - notably, we have opted to include our xGRAIL allocation by Camelot which is 0.5% of total supply.

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Your finest treasury day-traders once again in the green (kidding again!).

Now a little pie chart for a per-asset breakdown:

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Absolutely delicious.

Month-on-Month (MoM) Performance

MoM change of +28.45%.

The greatest treasury managers in the world? Or perhaps $ARB just happened to do a +60% HAHAHAHA.

Unfortunately, the world may never know.

Closing Comments

Thank you for joining your CEO in another thrilling documentation of the financial affairs of Dopex Pty Ltd.

Until next time, my budding accountants.

Warm regards,

CFO (not to be confused with CEO)

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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