Deri Protocol Monthly Report for September 2024
Highlights:
1. Deri update: Updated the interest rate formula for everlasting options, power perps, and gamma swap.
2. New listings: TON everlasting options from 4-C/P to 10-C/P
A. Project Progress
Deri Protocol updated the interest rate change for everlasting options, power perps, and gamma swap.
New options listings:
TONUSD-4-C TONUSD-4-P
TONUSD-5-C TONUSD-4-P
TONUSD-6-C TONUSD-6-P
TONUSD-7-C TONUSD-7-P
TONUSD-8-C TONUSD-8-P
TONUSD-9-C TONUSD-9-P
TONUSD-10-C TONUSD-10-P
B. Ecosystem/Community
DerI Protocol x Quintes offline salon: Navigating the New Age of DeFi.
On-Chain Data (Deri V4)
Since the launch of the DERI burning mechanism, more than 14.26 M DERI tokens have been burned to deadlock, with more than 1.03M DERI tokens burned in September 2024.
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.
