Release of the Inno Zone on Deri V4
The team is proud to announce the release of the Inno Zone on Deri v4! One of the core features of the v3 finally makes it return, this time on the latest version of the protocol. This means that starting from today you’ll be able to trade perps for your favorite coins other than BTC and ETH on Deri!
As of now, the Inno Zone supports SOL, BNB, and MATIC perpetual futures. Go to https://deri.io and click on “Futures” to see all these new assets. We will be rolling out more assets regularly, with the next batch coming next week. If you have any suggestions for assets you would like to trade on Deri, let us know here in the comments or on Discord!
To support trading in the Inno Zone, liquidity providers will be able to deposit base tokens (USDC, ETH, etc.) in a separate pool one where you might get higher real yield than on the Main Zone pool. If you’d like to participate and provide liquidity, head out to our pool’s page here: https://deri.io/#/pool/inno
We hope the FAQ below can answer all your questions about the Inno Zone but if you have any more doubts, don’t hesitate to reach out to us on Discord or Telegram!
Inno Zone FAQ
What is the Inno Zone?
The Inno Zone helps users trade derivatives of underlying assets that have smaller market caps than BTC or ETH, such as BNB, SOL, MATIC, and many others.
What can I trade?
As of now, you can trade perpetual futures of BNB, SOL, and MATIC. We will not only progressively roll out more asset perpetuals, but also everlasting options for underlying assets with strong demand. The support for other derivative types (like power perps or gamma swaps) is also being considered.
On which chain can I trade?
You can trade assets from the Inno Zone on any iChain current support by Deri v4 (8 at the moment).
What are the fees to trade?
The fees for trading in the Inno Zone are slightly higher than for the Main Zone. For perpetual futures, it is 0.15% of the notional value.
Can I provide liquidity to Inno Zone on Linea? Do I get the LXP-L points?
Yes. Just as for the Main Zone, the Inno Zone pools are part of the Linea Surge. Liquidity providers in the Inno Zone on the Linea chain will get LXL-P points on top of trading fees yield and our custodian Mendi’s extra yield.
How can I provide liquidity for the Inno Zone?
The process is the same as for the Main Zone. On the “Pools” page, select “Inno Zone” at the top, find the asset you wish to provide and add it to the pool as you would for the Main Zone.
What are the risks as a LP?
The Inno Zone LPs play the role of the counterparty to the Inno Zone traders. Therefore, they are bearing the market risks for all the net positions of the traded symbols. Since the underlying assets in the Inno Zone tend to be more volatile than those in the Main Zone, providing liquidity for the Inno Zone might be riskier than for the Main Zone.
How can I get liquidated?
The liquidation process in the Inno Zone works the same as in the Main Zone: if the dynamic balance of an account (in Pro mode) or a position (in Lite mode) is lower than the maintenance margin requirement, it will be liquidated. However, due to the higher volatility of the underlying assets, the margin requirements are generally higher than for the Main Zone. Please refer to the contract info in the bottom part of the trading interface for details.
I have already added margin in the Main Zone, can I use that margin to trade symbols in the Inno Zone?
No, you cannot. The Inno Zone and Main Zone margin accounts are totally separated. While in the Pro mode, you have cross-margin within the Main Zone and cross-margin within the Inno Zone, respectively. We do not support cross-margin across the 2 zones.
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.
