Gate.io is operated by Gate Technology Inc. We are dedicated to security and your experience, offering you not only a secure, simple and fair Bitcoin exchange but also promising to safeguard your asset and trading information.

Deri Protocol

Deri is a decentralized derivatives trading platform that currently supports Perpetuals Futures and Everlasting Options products. 
 Sustainable futures is a new type of derivative product created by BitMex in 2016. It has the highest trading volume in CEX due to its characteristics of non-delivery and liquidity aggregation. 
 FTX <p style = "max-width: 100%; clear: both; Deri is the first agreement to actually implement this product. Similar to perpetual futures, perpetual options also have the characteristics of no delivery and liquidity aggregation. 
 Perpetual Futures
 There are two main roles in Deri's sustainable futures design: Trader and Liquidity Provider: 
 
 
 This design originally came from the composite asset protocol , Synthetix is also for all LP to jointly undertake the payment to the trader. The trader's loss is LP's gain, and the trader's gain is LP's loss. 
 <p style = "max-width: 100%; clear: both; For traders, the benefits of this design are obvious: since the trade does not require a direct counterparty, but trades directly at the prognosticator price, the depth of the trade is unlimited without any slippage. 
 Everlasting Options
Deri's perpetual options product is the first of its kind, based on a paper by Paradigm researchers Dave White and Sam Bankhuman-Fried published in May. 
 
 <span style = "max-width: 100%; 21OCT30 means maturity date; 55,000 is the exercise price; C (CALL) refers to the direction of the option, which is the CALL option, and the corresponding is the PUT option P (PUT). 
 So the above "BTC-21OCT30-55000-c" indicates that BTC is a call option with a strike price of $55000 on October 30, 2021. In addition, options are also divided into European options (expiration date can not exercise the option) and American options (expiration date can exercise the option) and so on. 
 
 
 DPMM (Derivative Positive Market Maker) is used in Deri's sustainable options products. DPMM is based on the PMM algorithm created by DODO, a spot trading platform. PMM is also an automatic market making algorithm (AMM), but it differs from CPMM (constant product market maker) such as Uniswap in that PMM actively concentrates pool liquidity towards the current price. To achieve better trading depth.

0xa487bf43cf3b10dffc97a9a744cbb7036965d3b9

0x3d1d2afd191b165d140e3e8329e634665ffb0e5e

0xe60eaf5A997DFAe83739e035b005A33AfdCc6df5

0x2bdA3e331Cf735D9420e41567ab843441980C4B8

0x21e60ee73f17ac0a411ae5d690f908c3ed66fe12

Website

Explorer1

Explorer2

Explorer3

Explorer4

Explorer5

Whitepaper

Announcement

Source Code

Telegram

WeChat

Twitter

medium

discord

Deri Protocol (DERI) Intro

Media

Explorer

Ethereum

Bitcoin

Dogecoin

Litecoin

Ripple

Tether

Binance Coin

Solana

TRON

Ethereum Classic

Cardano Foundation CEO Frederik Gregaard on 2023 Milestones and Vision for the Future

Elizabeth Warren slams SEC over decision to allow spot bitcoin ETFs, says crypto needs to follow anti-money laundering rules

Bitcoin derivatives traders are bracing for increased market volatility, according to Bitfinex

	Rank	Source	Price	24h	Volume(24H)	Trading Percent	Updated
1	MEXC	1	MEXC	DERI/USDT	0.01105300	4.94%	$60,567.04	47.1927%	2024-10-18 08:41:31
2	Gate.io	2	Gate.io	DERI/USDT	0.01078500	2.87%	$673.43	0.5247%	2024-10-18 08:41:13
3	Gate.io	3	Gate.io	DERI/ETH	0.00000408	2%	$493.45	0.3845%	2024-10-18 08:41:42
4	CoinEx	4	CoinEx	DERI/USDT	0.01102700	3.79%	$2,449.37	1.9085%	2024-10-18 08:41:11

	Volume(24H)	Trading Percent
Gate.io	Gate.io	$1,166.88	1.8180%	Visit
MEXC	MEXC	$60,567.04	94.3658%	Visit
CoinEx	CoinEx	$2,449.37	3.8162%	Visit

Market information

Price history

Information

Converter

Pairs

Trading platform transaction information

Trading Percent

More Attention