$AXS Perpetual Contracts Listing on Deri Innovation Zone

Deri Protocol
3 min readJul 22, 2021

In an effort to keep up with the trends and delivering what our users ask for, Deri is thrilled to announce the Inno Zone, which is a special trading zone where traders can trade new, innovative symbols, such as the Metaverse sector tokens, DeFi Basket Index, etc., while the Main trading zone lists only the established & approved symbols, such as BTCUSD, ETHUSD.

At the launch of the Innovation Zone, Deri Protocol will list the USDT-margined AXSUSDT perpetual contract and the DERI-margined AXSUSDT perpetual contract on Polygon, with the depositing of liquidity and opening of trading starting from July 22, 10:00 AM UTC.

Start mining now: https://app.deri.finance/?locale=en#/mining"

Step-by-step Guide

Step 1: Select Polygon network and add it on Metamask

Step 2: Move your funds from Ethereum Network to Polygon Network at Polygon Wallet. Please refer to the user guide for details.

If your DERI is on Binance Smart Chain, please bridge it to Ethereum first at Bridge.

Step 3: Stake Liquidity into the Deri pools on Polygon

To address an ever-changing market and remain competitive, we continuously monitor the trading volume of each symbol in the Innovation Zone and may add, remove, or adjust symbols in pools, during weekly reassessments.

What’s Axie infinity

Axie Infinity is a Pokémon-inspired digital pet universe where anyone can earn tokens through skilled gameplay and contributions to the ecosystem. Players can battle, collect, raise, and build a land-based kingdom for their pets (known as Axies). Currently, players can start the game by purchasing Axies from other players on the Marketplace.

All in-game assets and Axie-related data can be accessed by 3rd parties, allowing community developers to build their tools and experiences in the Axie Infinity universe. The project team aims to build a platform that encompasses the characteristics of a social network and jobs platform by creating a strong community and play-to-earn opportunities.

Website | Telegram | Twitter | Github

About Deri Protocol

Deri Protocol 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 purpose. Having provided an effective on-chain mechanism to exchange and hold risk, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure.

Website | Twitter | Github | Telegram

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Deri Protocol

Deri Protocol = (Perpetual Futures + Everlasting Options) x Decentralized.