We are excited to announce that the AGLDUSDT perpetual contract is now live at Deri Protocol’s Inno Zone on Binance Smart Chain and Polygon network.
Base token: BSC — BUSD, DERI; Polygon — USDT, DERI
Funding rate coefficient: 0.000012
Min Initial Margin Ratio: 10%
Min Maintenance Margin Ratio: 5%
Transaction Fee: 0.2%
About Deri Protocol
Deri Protocol = (Perpetual Futures + Everlasting Options) x Decentralized.
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.