Deri Protocol x NULS Trading Competition, Win up to $5,000 in DERI and NULS

🚀 Introducing NULS perpetual pool in Deri Protocol’s Open Zone

We are thrilled to have NULS here with us on this journey to make the permissionless derivatives trading market accessible to projects, traders, and LPs.

In celebration of the NULS perpetual pool in the Open Zone, Deri Protocol and NULS roll out this promotional event with total rewards worth $5,000 in DERI and NULS from September 14 10:00 AM UTC to September 20 10:00 AM UTC.

Link: Official Event Page

Detailed Rules:

  • The first 500 new users during the competition period with more than 100 NULS in the wallet address will be eligible to claim a pool of $1,000 in NULS Ptoken
  • The top 10 liquidity providers will share a pool of $2,000 in NULS and DERI
  • Top 1: 500u
  • Top 2: 300u
  • Top 3: 200u
  • Top 4–10: 1000u
  • The top 10 users ranked by trading volume across eligible NULS — margined perpetual contracts will share a pool of $2,000 in NULS and DERI
  • Top 1: 500u
  • Top 2: 300u
  • Top 3: 200u
  • Top 4–10: 1000u

How to Participate

Link: Official Event Page

Step 1: Connect to the BSC network, and Click the “REGISTER” button to register.

Step 2: Click the “CLAIM” button to get the Deri Position token. Please be aware only the first 500 new address with more than 100 NULS can claim the position token.

Sample of the position token includes ~4 NULS tokens as initial margin, one BTCUSD perpetual contract, one ETHUSD perpetual contract, and one NULSUSD perpetual contract.

NULS-margined BTCUSD perpetual futures
NULS-margined ETHUSD perpetual futures
NULS-margined NULSUSDT perpetual futureas

Step 3: Start trade on Deri Protocol now. Please refer to the guide here on how to trade.

Notes:

  • Rewards will be distributed within 1weeks after the competition ends
  • Trading volume counts both buys and sells, excluding any wash trades
  • Deri Protocol and NULS reserves the right to disqualify trades that are deemed to be wash trades, as well as trades that display attributes of self-dealing or market manipulation
  • Deri Protocol and NULS reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion

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.

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