GMTUSDT Perpetual Futures Now on Deri Protocol

Deri Protocol
2 min readMar 18, 2022

We’re excited to announce GMTUSDT perpetual futures is open for trading in Deri Protocol’s Inno Zone on BNB Chain

Trade:https://deri.io/#/trade/futures

Perpetual Futures Specs

Symbol: GMTUSDT

Base token: $BUSD, $USDC, $USDT, $XVS, $BNB, $BTCB, $ETH, $LTC, $SXP, $XRP, $DOT, $LINK, $DAI, $ADA, $CAKE, $TUSD, $TRX, $MATIC, $DERI

Min.Trade Unit (Notional): 1

Funding rate coefficient: 3.858024691358e-6

Initial Margin Ratio: 10%

Maintenance Margin Ratio: 5%

Transaction Fee: 0.2%

What is STEPN?

STEPN is a Web3 lifestyle app with fun social elements and gamification design. Users equipped with NFT Sneakers — walk, jog or run outdoors to earn GST, which can be used to level up and mint new Sneakers.

Player can choose to lease or sell their NFT Sneakers on the in-app Marketplace; users’ GST earnings are stored in the in-app Wallet, which has a built-in Swap function.

GMT is the governance token of STEPN with a limited supply of 6 billion tokens.

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.

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Deri Protocol

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