Decentralized derivative trading platform Deri Protocol has launched on Arbitrum.

share
Decentralized derivative trading platform Deri Protocol has launched on Arbitrum.

Official announcement: Decentralized derivatives trading platform Deri Protocol is now officially live on Arbitrum. Leveraging the Ethereum layer 2 scaling solution Arbitrum, Deri Protocol is able to provide users with faster transaction speed and lower gas fees while inheriting Ethereum's security, compatibility, and developer tools.

Table of Contents

Official announcement: The decentralized derivatives trading platform Deri Protocol has officially launched on Arbitrum. Leveraging the Ethereum layer 2 scaling solution Arbitrum, Deri Protocol is able to inherit Ethereum's security, compatibility, and developer tools while providing users with faster speeds and lower gas fees for derivative trading.

Deri Protocol is a decentralized DeFi derivatives trading platform that offers perpetual futures, perpetual options, and Powers. The protocol's key feature lies in the introduction of the DPMM mechanism for market-making, where user positions are marked as NFTs, enabling high composability with other DeFi projects.