Deri Protocol Price (deri/CAD)
Deri Protocol
Currency
Official Site
GitHub
White Paper
Official Site
GitHub
White Paper
Deri Protocol market data
Trading Volume
24h
Circulating Supply
131,192,006.30776003
26.767%
Volume / Market Cap
$0.00 / 0
Market Dominance
0%
Total Supply
490,127,939.592577
BID
N/A
ASK
N/A
What Is Deri Protocol (DERI)?
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.
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