Deri Protocol Launches on Polygon

Published on: 30.06.2021

Liquidity Provider and Traders will be benefit for this expansion of Deri Protocol on Polygon which allows enhanced accessibility with faster confirmations and low fees transaction for users.

About Deri Protocol

Deri Protocol is a decentralized protocol for users to exchange risk exposures precisely and capital efficiently. It is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. This is achieved by liquidity pools playing the roles of counterparties for users. With Deri Protocol, risk exposures are tokenized as NFTs so that they can be imported into other DeFi projects for their own financial purpose. Having provided an effective on-chain mechanism to exchange and hold risk, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure.

SOURCE:

Medium

Market Stats:
BTC Dominance: 53.51%(+0.25%/24h)
ETH Dominance: 15.93%(-0.12%/24h)
Defi Market Cap: $86.9B(-21.50%/24h)
Total Market Cap: $2330.22B(+0.17%/24h)
Total Trading Volume 24h: $55.74B(-25.66%/24h)
ETH Market Cap: $371.93B
Defi to ETH Ratio: 23.36%
Defi Dominance: 3.53%
Altcoin Market Cap: $1083.4B
Altcoin Volume 24h: $34.99B
Total Cryptocurrencies: 29537
Active Cryptocurrencies: 9871
Active Market Pairs: 82555
Active Exchanges: 762
Total Exchanges: 8448
BTC: 63330.76$(-0.31%/1H)
ETH: 3090.95$(-0.59%/1H)
AVAX: 37.4$(-0.38%/1H)
BNB: 583.21$(-0.36%/1H)
MATIC: 0.72$(-0.65%/1H)
FTM: 0.68$(-1.18%/1H)
ADA: 0.45$(-1.24%/1H)
DOT: 7.12$(-0.19%/1H)
UNI: 7.42$(-1.72%/1H)
CAKE: 2.66$(-0.83%/1H)
SUSHI: 1.04$(-1.32%/1H)
ONE: 0.02$(-1.58%/1H)