Introducing NFT Derivatives by Deri Protocol
Deri Protocol, THE protocol of derivatives, aims to facilitate precise and capital-efficient trading of all major risks. NFTs have become one of the most significant crypto asset classes. However, the fluctuation of NFT prices poses a significant risk to the crypto world, and there is still no effective way to trade (leverage or hedge) NFT market risk. Therefore, Deri Protocol introduces NFT derivatives, enabling NFT holders or non-holders to manage the NFT market risk.
Deri’s NFT derivatives allow traders to benefit from the upside while protecting themselves from the downside by trading derivatives on their favorite NFT collections. The product offers transparency, security, and flexibility, making it easy for both experienced traders and newcomers to participate in this exciting market. This development is significant for the NFT industry, offering a new way for investors to participate in the growing digital asset market. NFT derivatives provide a unique financial product that allows investors and traders to gain or hedge exposure to the growing NFT market.
The need for NFT derivatives has been growing steadily, and while some attempts have been made to tackle this issue, few are effective or active. Deri Protocol’s NFT derivative market provides a practical solution to this problem.
As the team behind Deri Protocol, we are always there to meet people’s demands for dealing with all kinds of risks. We are rolling out a user-friendly and capital-efficient product with a low fee structure, making it easy for both experienced traders and newcomers to participate in this exciting market. With the NFT market continuing to grow, the introduction of an NFT derivative market is a milestone for the industry.
Stay tuned for further developments in this space.
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.
