DYMMAX announces the successful completion of the first round of token sale on the Korean Probit exchange. A soft cap of $100,000 in digital assets was reached in the first 25 minutes after the launch of the IEO on November 20. And, we decided not to hold three IEO rounds…

To understand the mechanisms inside the DYMMAX protocol, we want to talk first about the classic mechanism for maintaining the option contract quotes on centralized exchanges. This will allow you to visually feel the difference in the proposed technology. Standard quotation mechanism On such exchanges as CME, NASDAQ, NYSE, there are market makers…

Want to learn more about the DMX project and have the chance to win $400 worth of DMX Governance Tokens? ProBit Exchange will be holding an AMA session for DYMMAX on its Telegram channel. This is a great opportunity to acquire knowledge about the project by asking questions to the…

We are pleased to announce a strategic partnership with the ProBit cryptocurrency exchange, with which the DYMMAX team has found common ground. We are incredibly pleased that we found like-minded people among the huge number of blockchain market players. DYMMAX will host a series of rounds at ProBit to provide…

The volume of blocked assets in the DeFi sector continues to grow. According to DeFiPulse.com, the value has approached 12.4 billion over the past 3 days. This suggests that the prevailing opinion about the DeFi sector being a “bubble” on the market is now being questioned. The cryptocurrency market needs…

In October 1997, Robert Merton and Myron Scholes were awarded the Nobel Prize in Economics for their formula for calculating the price of European options. Although Fisher Black also contributed to the development, his untimely death prevented him from sharing the honor. The invention of the pricing formula has led…

DYMMAX (Dynamic market making auctions and exchange) is a decentralized protocol for issuing options for cryptocurrencies based on the parimutuel betting with fixed odds pricing model with possible secondary circulation of issued contracts in the form of ERC20 tokens. The DYMMAX protocol was created to solve the following problems of…

DYMMAX: a protocol for creating unsecured cryptocurrency derivatives Hello, we are the team behind the DYMMAX protocol, which aims to improve the cryptocurrency derivatives market and make it more liquid and established. In the traditional financial market, derivative financial instruments, or simply derivatives, have been used for a long time…