Deri Prototocol x Token Pocket Trading Competition

Deri Protocol
3 min readAug 23, 2021

We are thrilled to announce this trading Competition to celebrate over 100,000 visits to Deri Protocol from Token Pocket.

The top 500 users ranked by effective trading volume will share a pool of $3,000 in DERI tokens. The rewards will be split based on each user‘s total trading volume as a proportion of the total effective trading volume during the competition period.

​​Reward calculation:

The reward for each user = (Each user’s total effective trading volume / Top 500 users’ total effective trading volume) * $3,000 in DERI tokens.

Detailed rules:

  • Competition Period: 2021–08–23 10:00 PM~ 2021–08–31 10:00 PM(UTC)
  • Traders shall hold at least 100 TPT during this period
  • Rewards will be distributed within 2 weeks after the competition ends
  • Trading volume counts both buys and sells, excluding any wash trades
  • Deri 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 reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion

Trade Here!

How to trade

1.Select the network (BSC or Polygon)

2.Click Deri at Hot DApps area

3.Select Symbol

  • Click Main or Inno
  • Click to expand list of symbol
  • Click to select symbol

4.Approve for each trading symbol the first time before you can trade it

  • Click “Approve
  • Click “Confirm
  • Enter wallet password, then click “Confirm

5. Deposit Margin

  • Click “DEPOSIT
  • Click “Add” on the right of the B token
  • Click “DEPOSIT
  • Enter wallet password, then click “Confirm

6.Trade

  • Click to select “LONG/BUY” or “SHORT/SELL
  • Set contract volume
  • Click TRADE
  • Click OK
  • Enter wallet password, then click “Confirm

7.Check and Manage Position

  • Click “Position
  • Click “Xclose” to close the position
  • Click “Detail” to manage Margin

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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Deri Protocol

Deri Protocol = (Perpetual Futures + Everlasting Options) x Decentralized.