Introducing “Natural Trading Unit” for Perpetual Futures

Deri Protocol Perpetual Futures has been running smoothly for more than eight months. Features such as dynamic mixed margin, dynamic liquidity providing, multiple trading symbols in one pool provide users extreme capital efficiency to trade derivatives compared to centralized exchanges. And we keep optimizing user experience based on community feedback.

In the current version of Perpetual Futures, traders specify trading volume in terms of “Minimum Trading Unit”, defined by the contract’s multiplier (e.g. 0.0001 for BTCUSD perpetual futures). That is, one inputs 10000 to trade 10000 contracts of 0.0001BTC as notional, i.e. 1BTC as notional.

To make the trading procedure more intuitive and thus user-friendly, we are switching to the “Natural Trading Unit” of the underlying asset. That is, you directly specify the number of underlying assets as the notional of the contracts you would like to trade.

Sample 1: Alice is to buy BTCUSD perpetual futures of 2BTC as notional.

In the old mode, Alice inputs 20000 to specify her trading volume, as the multiplier of the BTCUSD contract is 0.0001.

In the new mode, Alice inputs 2 to specify the trading volume she wants.

Sample 2: Alice is to buy ETHUSD perpetual futures of 2ETH as notional.

In the old mode, Alice inputs 2000 to specify her trading volume, as the multiplier of the ETHUSD contract is 0.001.

In the new mode, Alice inputs 2 to specify the trading volume she wants.

Please be aware that this update on the website will not affect the programmatic tradings.

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

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Deri Protocol

Deri Protocol

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

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