Convert Deri Protocol DERI to United States Dollar USD
DERI to USD: 1 Deri Protocol converts to $0.0031 USD as of December 28 at 5:56 AM
About Deri Protocol
Deri Protocol is falling this week. The current price of Deri Protocol is $0.0031 per DERI. With a circulating supply of 124,695,829 DERI, it means that Deri Protocol has a total market cap of $395,516.25. The amount of Deri Protocol traded has risen by $493.89 in the last 24 hours, which is a 2.72% increase. Additionally, in the last day, $18,155.98 worth of DERI has been traded.
The exchange rate of Deri Protocol is increasing. The current value of 1 DERI is $0.0031 USD. In other words, to buy 5 Deri Protocol, it would cost you $0.0153 USD. Inversely, $1.00 USD would allow you to trade for 326.10 DERI while $50.00 USD would convert to 16,304.78 DERI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.92%. Meanwhile, in the last 24 hours, the rate has changed by 0.19%, and that the highest exchange rate of 1 DERI to USD was $0.0031 USD and the lowest 24 hour value was 1 DERI for $0.0030 USD. Last month, 1 DERI was worth $0.0036 USD. Today, it's down 14.05%. Looking back a year, Deri Protocol has changed by $0.0243 USD. That means that in a single year, the value of Deri Protocol has shrank by 87.41%.
Deri Protocol Market Stats
Deri is a decentralized protocol for users to exchange risk exposures precisely and capital-efficiently. It is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. This is achieved by liquidity pools playing the roles of counterparties for users. With Deri protocol, risk exposures are tokenized as NFTs so that they can be imported into other DeFi projects for their own financial purposes. Having provided an effective on-chain mechanism to exchange and hold risks, Deri protocol has minted one of the most important blocks of the DeFi infrastructure.