The Deri protocol is a group of smart contracts deployed on the Ethereum blockchain. The users’ position on the platform is calculated with mark price, ensuring precision position. Such positions are tokenized as non-fungible tokens (NFTs) that can be held, transferred, or imported into any other DeFi projects for their financial purposes. Moreover, the Deri protocol is simple and is made for an easy-to-use trading process. The protocol also defines a game called ‘lego gameplay’ for DeFi projects.

Deri is the short form of Derivative. As the name suggests, the Deri protocol facilitates people to trade derivatives. According to the project’s whitepaper, a derivative is a contract that derives its value from the performance of an underlying asset or an entity. Derivatives can be used for several purposes, such as insuring against price movement or accessing hard-to-trade assets or the marketplace. According to the project’s documents, Deri Protocol is a decentralized finance (Defi) way to trade derivatives on the blockchain network.

According to its whitepaper, exchanging the risk exposure is one of the core functions of finance, including borrowing and lending. The centralized exchange (CEX) already serves the purpose of exchanging risk exposure in the crypto world. But CEX is not organic with the blockchain and cannot directly interact with other on-chain activities, thus fulfilling the purpose partially. Therefore, the Deri protocol is designed with all such defi features.

Deri token is the native cryptocurrency of the Deri protocol and is denoted by its ticker name DERI. The token is used as a governance token on the platform based on ERC-20 token standards. The token allows the community to share the ownership and dedicate themselves to the protocol’s governance. The DERI token is also used as a fee token as it is distributed to the users who intend to provide liquidity to the protocol.

The whitepaper of the project was released in December 2020. 0xAlpha (CEO) and Richard (CTO) are the project’s co-founders. Other members of the team include Jason, Janice, and Daniel. The total supply of DERI tokens is one billion coins.

我們實時將 Deri Protocol 更新為 USD 貨幣。在 Coinbase 上獲取 Deri Protocol 的實時價格。

Deri Protocol 目前的市值為 US$31.711万。高市值意味著資產受到市場的高度重視。

Deri Protocol 的歷史最高紀錄是 US$3.77。這是自從 Deri Protocol 推出以來的最高價格。

在過去 24 小時中，Deri Protocol 的交易量為 US$2.569万。

與 Deri Protocol 市值相似的資產包括 Lets Fuckin Go, Cheems, BLink 和許多其他資產。若要查看完整清單，請參閱我們的可比市值資產。

Deri Protocol 目前的循環供應量為 1.2亿。