Deri Protocol Monthly Report for February 2022
Highlights in February
- Deri is a founding member of the BNBChain DeFi League Steering Committee
- Deri Protocol held a series of events to celebrate the first anniversary, including our Brand enhancement Series, the Transaction Fee Rebate Event, the Slogan Contest, etc.
- The accumulative trading volume on Deri Protocol has surpassed $ 20 billion
- Deri Protocol has moved to the new domain name: https://deri.io/
- Korean, French, Vietnamese, German, and Traditional Chinese are updated on Deri Protocol for worldwide community users.
- Two new perpetual futures of BABYDOGEUSDT and X2Y2USDT are live on the Deri Protocol.
A.Project Progress
Deri Protocol celebrates its first anniversary.
Deri Protocol has moved to the new domain name: https://deri.io/
Deri crossed another milestone. Our accumulative trading volume has surpassed $ 20 billion.
More languages have been updated on Deri Protocol. The new languages include Korean, French, Vietnamese, German & Traditional Chinese.
Coinbase Wallet & Wallet Connect have been integrated on Deri Protocol. There are more choices for you to connect to the Deri Protocol.
New listings: Perpetual Futures of BabyDogeCoin & X2Y2 is live on Deri Protocol.
Available 15+ base tokens to trade the two new perpetual futures: $BUSD, $USDC, $USDT, $XVS, $BNB, $BTCB, $ETH, $LTC, $SXP, $XRP, $DOT, $LINK, $DAI, $ADA, $CAKE, $TUSD, $TRX, $MATIC, $DERI.
We publicized our roadmap for 2022 and announced that the tasks of each quarter would be completed according to the plan.
B. Ecosystem/Community
Deri Protocol is thrilled to be a founding member of the BNBChain DeFi League Steering Committee. We look forward to improving the experience for the next generation of DeFi builders and users.
Three new tutorial videos on Deri V3’s liquidity mining, perpetual futures & everlasting options trading are now live on Youtube
We launched the Transaction Fee Rebate Event on trading with a total rebate of 20,000 Deri during Feb 14th-Feb 28th.
We started our Deri Brand Enhancement Series.
We launched a Slogan Contest to collect slogans created by the Deri global community. In the process, our new slogan was selected: “Deri, your option, your future!”
Deri Protocol’s AMAs/Livesteam Overviews in February
February 11th Deri Community AMA
Deri Protocol Joined “BNB chain Africa” live on Twitter Spaces on Feb,26th
Deri joined a crypto symposium to discuss the revolutionary world of crypto finance on Feb,17th.
Deri Joined BNBChain DeFi League Spaces on Twitter on Feb,17th
C. On-Chain Data
The total trading volume in February is over $1.8 billion while the accumulative trading volume on Deri Protocol surpassed $ 20 billion.
Since the launch of the DERI token buy-and-burn program, over 2.1 million DERI tokens have been successfully burned.
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.
