DERI Deri Protocol
Listed on
Price data by
CoinGecko
Price journey
announcement
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activation
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+ 24h
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+ 48h
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+ 7d
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Listing timeline
Sep 29 04:00 UTC
Activated
on Gate.io
(DERI_USDT)
About 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.