Deri Protocol Monthly Report for December
Highlights in December
- Deri announced a strategic partnership with VenusProtocol as the defining cooperation of DeFi 2.0.
- Launched a $ 50,000 bug bounty program for Deri Protocol V3 at Immunefi
- Deri Protocol’s total trading volume passed $15 Billion
- Over 2 million Deri tokens have been successfully burned since the launch of the DERI token buy and burn program
- Launched new website UI
- Initiated the Deri Protocol Partner Program
We are now working on the Deri Protocol V3,scheduled to be released very soon. Stay tuned!
Deri launched its new UI to provide more professional service to traders.
Community is the most valuable asset of the decentralized Deri Protocol network. For that reason, Deri Protocol is actively looking for passionate, creative, and inspiring members to contribute in an open, community-oriented environment.
Deri announced a partnership with MyDeFiPet, a virtual pet game, to lead the GameFi integration.
Deri Protocol ranked top 4 DEX on CMC as of Dec 8th.
The Trade-to-Earn Epoch 2 ended in a resounding success with over $7.2 billion trading volume in total.
Deri’s portfolio can be tracked on DeBank
Deri announced a strategic partnership with VenusProtocol as the defining cooperation of DeFi 2.0. Through this partnership, Deri will introduce the External Custody feature by adopting Venus’ liquidity pools. With the “External Custody”, any token accepted by Venus as collateral would automatically become a supported base token of Deri Protocol. This would significantly improve the scalability of the base-token-supporting mechanism.
New Deri Youtube channel opened with 8 clips including interviews, video guides & more.
For security, Deri was thrilled to launch a $ 50,000 bug bounty program for Deri Protocol V3 in collaboration with Immunefi
Deri Protocol’s AMAs/Livesteam Overview in December:
AMA at My DeFi Pet official community
Gate launched a promotional event for DERI Token:
Lock DERI to earn (Phase 4)
C. On-Chain Data
The total trading volume in Dec is over $6.6 billion while the accumulative trading volume on Deri Protocol surpassed $15 billion.
About Deri Protocol
Deri Protocol = (Perpetual Futures + Everlasting Options) x Decentralized.
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.