Deri Protocol Monthly Report for May 2025
Highlights:
Deri Protocol is live on Cytomic testnet. Cytonic is a multiVM blockchain that allows protocols to easily deploy from any codebase (like EVM for Deri) onto a single chain.
On-Chain Data (Deri V4)
Since the launch of the DERI burning mechanism, about 19.12M DERI tokens have been burned to deadlock, with about 1.02M DERI tokens burned in May 2025.
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.