Deri Protocol Monthly Report for January 2022

  • Launched Deri Protocol V3, a defining project of DeFi 2.0 that will bring the “lego gameplay” of DeFi projects to a new level. With the introduction of “external custody”, Deri Protocol V3 supports multiple base tokens with substantially higher scalability and capital efficiency. Also, the DPMM of Deri V3 universally supports the funding-fee-based perpetual derivatives. Consequently, it can more flexibly organize liquidity for derivative trading across different types. Derivative innovations are thus made much easier under the v3 framework.
  • BTCUSD-100000-C, BTCUSD-40000-C, BTCUSD-30000-P, BTCUSD-20000-P, ETHUSD-3000-C, and ETHUSD-2000-P are live on Deri Everlasting Options.
  • Deri received an investment from TRON.
  • Deri launched a demo testnet, in which traders can experience Perpetual Futures & Everlasting Options without risking real assets.
  • External Custody
  • A uniform DPMM for funding-fee-based perpetual derivatives
  • Funding period =7 day (was 1 day for V2)
  • Switched to a Greek-based margin mechanism
  • Lower transaction fee for OTM options
  • BTCUSD-100000-C
  • BTCUSD-40000-C
  • BTCUSD-30000-P
  • BTCUSD-20000-P
  • ETHUSD-3000-C
  • ETHUSD-2000-P

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