Introducing the BSC DeFi Index Perpetual Contract

Deri Protocol
2 min readJul 29, 2021

Deri Protocol’s Inno Zone is a special trading zone allowing traders to trade new, innovative trading symbols. Our aim is to keep rolling out new perpetual contracts in a short time.

As of today, we take it a step further by listing the BSC DeFi Index, covering selected popular DeFi projects on the Binance Smart Chain.

  • BUSD-margined iBSCDEFI perpetual contract
  • DERI-margined iBSCDEFI perpetual contract

Start Trading Now!

Why BSC DeFi Index

Diversification is essential for managing risk, as it can mitigate the impact of price movements on a single underlying asset. Instead of holding several open positions on different coins, our simple BSC DeFi Index perpetual contracts will provide traders an easy and effective way to diversify the portfolio.

If you believe the BSC DeFi market will move in a certain direction in the future, trading our BSC DeFi Index will give traders exposure to the top BSC DeFi coins without having to trade multiple contracts.

About Deri Protocol

Deri Protocol is a decentralized protocol for users to exchange risk exposures precisely and capital efficiently. It is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. This is achieved by liquidity pools playing the roles of counterparties for users. With Deri Protocol, risk exposures are tokenized as NFTs so that they can be imported into other DeFi projects for their own financial purpose. Having provided an effective on-chain mechanism to exchange and hold risk, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure.

Website | Twitter | Github | Telegram

--

--

Deri Protocol

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