- #1872
Deri Protocol DERI
DERI Price
Market Cap
$1.87 MRank #1872FDV
$7.34 MRank #1592Investors
Twitter Followers
Twitter Performance
373Rank by Twitter #3839- 0
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Detailed Performance
DERI shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
DERI to USD Converter
Price History
- All-Time High
- $3.77248.12x to ATH
- All-Time Low
- $0.006712.26x to ATL
- Trade Launch Date
- 10 Feb, 2021
1170 days ago
Fundraising
See more- ICO Price
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- Funds Raised
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- Tokens Sold
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Exchanges
Exchanges type
About DERI
Deri Protocol is a trading platform that allows users to trade perpetual futures and everlasting options. It operates on the BNB Chain/Polygon networks and offers a decentralized and transparent trading experience. Liquidity providers serve as the counterparty for traders, and liquidators ensure that positions that fail to meet the maintenance margin requirement are liquidated. Arbitragers help balance long and short positions by taking advantage of price spreads and funding fees. To start trading on Deri Protocol, users need to connect their wallet, deposit margin funds, and then place their orders for derivatives trading.
What makes Deri Protocol unique?
Deri Protocol stands out from other cryptocurrencies in several ways:
1. Derivatives Trading: Deri Protocol focuses on derivatives trading, specifically perpetual futures and everlasting options. This sets it apart from many other cryptocurrencies that primarily function as digital currencies or platforms for decentralized applications.
2. Liquidity Providers: Deri Protocol utilizes liquidity providers who collectively act as counterparties for traders. This arrangement ensures that there is sufficient liquidity in the market for traders to execute their trades effectively.
3. Integration with BNB Chain/Polygon Networks: Deri Protocol operates on BNB Chain and Polygon networks, providing users with faster and cheaper transactions compared to other blockchain networks. This integration enhances the overall user experience.
4. Transparent and Secure: Deri Protocol utilizes smart contracts on the blockchain network to store and secure users' margin funds. This transparency and security reassure users that their funds are protected and can be audited.
5. DPMM and Consolidated Liquidity: Deri Protocol has a DPMM (Decentralized Pricing and Market Making) system that ensures market depth and liquidity for traders. Consolidated liquidity from liquidity providers backs the market depth, reducing the risk of slippage and improving trading efficiency.
These unique features make Deri Protocol a distinct platform for derivatives trading within the cryptocurrency ecosystem.
Live Deri Protocol Price Data
The current price of Deri Protocol (DERI) is approximately $0.015194, reflecting a decrease of -4.25% in the last 24 hours. The DERI trading volume in the last 24 hours stands at $52,003.70. Deri Protocol's market cap is currently $1.87 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of DERI is 124.70 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Deri Protocol's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on DERI, check out our crypto insights page.
Official Links
DERI to USD Converter
Price History
- All-Time High
- $3.77248.12x to ATH
- All-Time Low
- $0.006712.26x to ATL
- Trade Launch Date
- 10 Feb, 2021
1170 days ago
Fundraising
See more- ICO Price
- --
- Funds Raised
- --
- Tokens Sold
- --