What is Deri Protocol? DeFi Platform to Trade Derivatives

Deri Protocol was founded with the objective of creating a tool that allowed for real DeFi, derivative trending, composability, and openness in the blockchain ecosystem.

Derivatives are one of the hottest types of contracts in traditional fand crypto markets due to the level of abstraction they allow investors by mimicking the performance of underlying assets.

This characteristic of derivatives has made them extremely popular in the crypto ecosystem as it expands the use of tokens from being native to a network to allow the trading of traditional assets on the blockchain.

While centralized exchanges (CEX) offering crypto trading services have implemented features intended to facilitate the exchange of risk exposures but they are unable to directly interact with on-chain activities and platforms, as they are no part of the networks themselves.

By creating a derivatives trading protocol innate to the blockchain, the exchange of risk exposure could be taken to a new level that allows for seamless integration with other blockchain platforms and networks.

The evolution of Decentralized Finance (DeFi) sector is happening, and Deri Protocol is helping to shape its future.

What is Deri Protocol?

Deri is a decentralized derivative exchange protocol that allows its users to exchange risk exposures with a high degree of precision and capital-efficiency by tokenizing risk exposures into Non-fungible Tokens (NFTs).

These NFTs can be easily imported into other decentralized finance (DeFi) projects, creating a whole new myriad of use cases and investment strategies catered to the specific needs of every investor.

Deri Protocol runs in the Ethereum Blockchain as a group of smart contracts that allows the exchange of risk exposure entirely on-chain, while also using oracles to ensure precision in the values.

The use of the Ethereum network grants the protocol immediate access to the biggest DeFi ecosystem and allows the minting of ERC-20 tokens to tokenize positions which can then be used…

Read More