Introducing Deri Protocol V2

Dynamic mixed margin

Deri V2 implements a margin system accepting multiple base tokens. With such a system, a trader could choose one or more from the supported range of base tokens to post as margin. And this does no longer have to be a stable coin.

Dynamic liquidity providing

Just like on the trader side, Deri Protocol V2 also allows liquidity providers to choose one or more from the supported range of base tokens to provide liquidity. Also just like the margin value, the provided liquidity provided is dynamic too.

Multiple Trading symbols in one pool

Another new feature introduced in Deri Protocol V2 is that multiple trading symbols (i.e. underlyers) could be traded in one pool. This is to further enhance the capital efficiency since the trades of different symbols are sharing the same liquidity hub. The correlation between the price movements of the trading symbols determines the degree of capital efficiency improvement. The less correlated the price movements are, the higher capital efficiency the pool can achieve. Please note this is something unimaginable in the traditional orderbook-based trading paradigm since an orderbook is always for one specific trading symbol and there is no chance two or more symbols can share liquidity.

Audit and Bug Bounty

Security first in Deri Protocol. To be comfortable with launching Deri Protocol V2, security audits from Peckshield and Certik are carried out to reduce the threat of direct protocol vulnerabilities.

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Deri Protocol

Deri Protocol

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