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What is Deri Protocol

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What is Deri Protocol (DERI)?

Deri Protocol basic info

Name:Deri Protocol

Ticker:

DERIBuy now

Introduction:

Cryptocurrency Deri Protocol is gaining significant attention in the digital finance space due to its innovative features and potential for enhancing the way derivatives are traded. Deri Protocol introduces a decentralized and non-custodial platform that allows users to create and trade various types of derivative contracts in a secure and permissionless manner. At the core of Deri Protocol lies its native currency, simply referred to as DERI. DERI plays a crucial role in the functioning of the platform, serving as a utility token that enables users to participate in the ecosystem. Users can stake DERI tokens to become liquidity providers, thereby earning fees from trading activities occurring on the platform. One of the key features of Deri Protocol is its support for perpetual swap contracts, which are contracts that have no expiry date. This perpetual nature allows traders to enter and exit positions without worrying about contract settlement dates. Additionally, Deri Protocol employs an innovative Automated Market Maker (AMM) mechanism to ensure liquidity and efficient pricing for perpetual swaps. Deri Protocol stands out for its transparent and decentralized nature, as it is built on the Ethereum blockchain. This eliminates the need for intermediaries, such as centralized exchanges, and provides users with full control over their funds. The protocol utilizes smart contracts to automate and enforce the rules of the derivative contracts, ensuring trust and security in the trading process. Another noteworthy aspect of Deri Protocol is its focus on providing a user-friendly interface. The platform offers a simple and intuitive trading experience, making it accessible even to those who are new to the world of cryptocurrencies. Traders can easily open and close positions, monitor their portfolios, and manage their assets through a user-friendly dashboard. In summary, Deri Protocol is an innovative cryptocurrency platform that enables decentralized trading of derivative contracts. The native DERI currency plays a vital role in the ecosystem by providing liquidity and allowing users to participate in the platform's activities. With features like perpetual swaps, automated market making, and user-friendly interface, Deri Protocol aims to revolutionize the way derivatives are traded in the digital finance realm.

Current price:

$0.02885More price details

All-time high:$3.77

All-time low:$0.006664

DERI supply and tokenomics

Circulating supply:124,695,830 DERI

Total supply:483,012,978.59 DERI

Max supply:0 DERI

Market cap:$3.60M

Fully diluted market cap:$13.93M

Token allocation:

Mining

60.00%

Team

26.00%

Foundation

14.00%

Tokenomics:

Token utility

DERI is mainly used for token buy-back, governance and privilege.

Buy-back: 80% of the transaction fee will be put into a DAO fund, which is to regularly buy back DERI from the secondary market and burned.
Governance: DERI holders can vote for decision-making of the protocol and the token economy.
Privilege: DERI holders can have some additional rights when using the platform, such as liquidating other users' positions of which maintenance margin cannot meet the requirements. In addition, holders can also enjoy preferential transaction fees, but the details of the specific rules have not been disclosed.

Links

Website:https://deri.io/#/index

Whitepaper:https://github.com/deri-finance/whitepaper/blob/master/deri_whitepaper.pdf

X:https://twitter.com/DeriProtocol

GitHub:https://github.com/deri-protocol

Buy Deri Protocol for $1Buy DERI now

What is the development prospect and future value of DERI?

The market value of DERI currently stands at $3.60M, and its market ranking is #1512. The value of DERI is not widely recognized by the market. When the bull market comes, the market value of DERI may have great growth potential.

As a new type of currency with innovative technology and unique use cases, DERI has broad market potential and significant room for development. The distinctiveness and appeal of DERI may attract the interest of specific groups, thereby driving up its market value.

What will the price of DERI be in 2025?

Based on DERI's historical price performance prediction model, the price of DERI is projected to reach $0.02989 in 2025.

What will the price of DERI be in 2030?

In 2030, the DERI price is expected to change by +3.00%. By the end of 2030, the DERI price is projected to reach $0.04274, with a cumulative ROI of +46.64%.

Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of DERI and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

DERI price DERI price prediction DERI news

Is DERI worth investing or holding? How to buy DERI from a crypto exchange?

If you want to buy DERI, the following information may be helpful for your investment decisions:

In the last seven days, the price of DERI has risen by 35.29%, leading to positive returns for most DERI investors. The market is currently optimistic about the price trend of DERI.

It is important to note that the current price of DERI has retreated by -99.24% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.

Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.

To decide whether DERI is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.

Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in DERI or any cryptocurrency comes with certain risks and uncertainties.

Regardless of your outlook on the development prospects and future trends of DERI, if you want to buy or sell DERI, you can consider Bitget for your trading needs. The best place to buy DERI is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.

Investing in Deri Protocol has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Deri Protocol. Here's a step-by-step guide on how to buy Deri Protocol on Bitget.

Buy DERI now Coin buying guide

How to get Deri Protocol through other methods？

Using cash to buy Deri Protocol is not the only way to obtain Deri Protocol. If you have the time to spare, you can get Deri Protocol for free.

Learn how to earn Deri Protocol for free through the Learn2Earn promotion.

Earn free Deri Protocol by inviting friends to join Bitget's Assist2Earn promotion.

Receive free Deri Protocol airdrops by joining ongoing challenges and promotions.

All crypto airdrops and rewards can be converted to Deri Protocol through Bitget Convert, Bitget Swap, or spot trading.

What is Deri Protocol used for and how to use Deri Protocol?

The use case of Deri Protocol may expand as the crypto market and the project itself develop. Currently, you can use DERI to achieve the following goals:

Arbitrage by trading DERI: Since DERI is a frequently traded cryptocurrency, the price of DERI is always fluctuating. Earn more DERI by buying low and selling high on the exchange. Bitget spot market provides a variety of DERI trading pairs to fully meet your needs.

Earn by staking DERI: You can also generate income through financial management methods such as staking DERI or lending DERI. Bitget Earn offers a variety of financial products designed to help you earn more income from your DERI.

Send or pay DERI: If you want to give DERI to your friends, a charity, or a fundraiser, or you want to pay someone with DERI, you can quickly and easily send DERI to the recipient through their payment address.

You can also go to the official website of the Deri Protocol project to learn more about the use cases of DERI. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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