Deri Protocol Monthly Report for April 2024

Deri Protocol
3 min readMay 7, 2024

Highlights:

1. Addition of Blast as a new iChain

2. Addition of BTC Everlasting Options strikes ranging from $81,000 to $100,000

3. Addition of ETH Everlasting Options strikes ranging from $4,600 to $5,000

4. Launch of the Broker Program.

A. Project Progress

New iChain : Blast

New listings:

BTCUSD $81000 Call, BTCUSD $81000 Put

BTCUSD $82000 Call, BTCUSD $82000 Put

BTCUSD $83000 Call, BTCUSD $83000 Put

BTCUSD $84000 Call, BTCUSD $84000 Put

BTCUSD $85000 Call, BTCUSD $85000 Put

BTCUSD $86000 Call, BTCUSD $86000 Put

BTCUSD $87000 Call, BTCUSD $87000 Put

BTCUSD $88000 Call, BTCUSD $88000 Put

BTCUSD $89000 Call, BTCUSD $89000 Put

BTCUSD $90000 Call, BTCUSD $90000 Put

BTCUSD $91000 Call, BTCUSD $91000 Put

BTCUSD $92000 Call, BTCUSD $92000 Put

BTCUSD $93000 Call, BTCUSD $93000 Put

BTCUSD $94000 Call, BTCUSD $94000 Put

BTCUSD $95000 Call, BTCUSD $95000 Put

BTCUSD $96000 Call, BTCUSD $96000 Put

BTCUSD $97000 Call, BTCUSD $97000 Put

BTCUSD $98000 Call, BTCUSD $98000 Put

BTCUSD $99000 Call, BTCUSD $99000 Put

BTCUSD $100000 Call, BTCUSD $100000 Put

ETHUSD $4600 Call, ETHUSD $4600 Put

ETHUSD $4700 Call, ETHUSD $4700 Put

ETHUSD $4800 Call, ETHUSD $4800 Put

ETHUSD $4900 Call, ETHUSD $4900 Put

ETHUSD $5000 Call, ETHUSD $5000 Put

B. Ecosystem/Community

Launch of the Broker Program.

In April, Deri handed out 30,000+ Blast Gold and Blast Points earned through staking in Blast pools.

Deri’s Live Stream/AMAs:

Deri joined the Native x Linea Twitter Space which discussed programmable liquidity in DeFi on Linea.

On-Chain Data (Deri V4)

Since the launch of the DERI burning mechanism, more than 9.61 M DERI tokens have been burned.

About Deri Protocol
Deri, your option, your future!

Deri is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. With Deri Protocol, trades are executed under AMM paradigm and positions are tokenized as NFTs, highly composable with other DeFi projects. Having provided an on-chain mechanism to exchange risk exposures precisely and capital-efficiently, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure.

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Deri Protocol

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