The SHIBUSDT Perpetual Futures on Deri Protocol

Deri Protocol
Nov 4, 2021

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We are excited to announce that the SHIBUSDT perpetual futures is now live at Deri Protocol’s Inno Zone on Binance Smart Chain.

Trade Now!

Contract Specs

Symbol: SHIBUSDT

Base token: BUSD, DERI

Min Trade Volume(Notional) : 1000SHIB

Funding rate coefficient: 3.85802e-6

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.

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Deri Protocol
Deri Protocol

Written by Deri Protocol

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

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