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.

我们实时将 Deri Protocol 更新为 USD 货币。通过 Coinbase 获取最新 Deri Protocol 价格。

Deri Protocol的当前市值为 US$40.01万。高市值意味着该资产在市场上的价值很高。

Deri Protocol的历史最高价位是 US$3.77。这是Deri Protocol自推出以来的最高价格。

在过去 24 小时内，Deri Protocol的交易量为 US$1.775万。

与Deri Protocol具有相似市值的资产包括TERMINUS, Nutcoin, Integral和许多其他资产。要查看完整列表，请参阅我们的可比市值资产。

Deri Protocol的当前流通供应量是 1.2亿。