Ecosystem Vision Logo
DERI Testnet logo

DERI Testnet

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum luctus felis in nisi tincidunt, vitae facilisis enim tempor.
Category: Derivatives

Deri Protocol

Deri Protocol is a decentralized Web3 derivatives protocol and xDapp that consolidates liquidity across supported layer 1 and layer 2 networks. Its trading offering includes perpetual futures, everlasting options, power perpetuals, and Gamma swaps. Traders can use the protocol for hedging, speculation, and arbitrage, while liquidity providers supply pool liquidity and earn transaction fees, funding fees, and DERI awards. The protocol uses oracle-updated mark prices, margin-based positions with leverage, and tokenized positions.
Explore Organization

Funding Rounds

Funding Round: Unknown
Funding Date: 1 Apr, 2021
Raised Amount: $5M

Investors