DERIVIO - tell me more
Derivio is a decentralized derivatives exchange built on zkSync and NEAR. It offers a variety of derivatives products, including perpetual contracts, options, and swaps. Derivio is still in the testnet phase, but it is expected to launch on mainnet in the near future.
Derivio is notable for its use of structured derivatives. Structured derivatives are customizable contracts that allow traders to tailor their exposure to risk and reward. For example, a trader could use a structured derivative to create a position that is similar to a call option, but with a lower strike price and a shorter expiration date. This would allow the trader to limit their losses and capture more upside if the market moves in their favor.
Another key feature of Derivio is its market-neutral liquidity. This means that the liquidity pool is always automatically adjusted to converge to a market-neutral state. This helps to ensure that traders can always get a fair price for their trades, even in volatile market conditions.
Derivio is a promising new decentralized derivatives exchange with a number of innovative features. It is still in the early stages of development, but it has the potential to revolutionize the way that people trade derivatives.
Here are some of the potential benefits of using Derivio:
Access to a variety of derivatives products: Derivio offers a wide range of derivatives products, including perpetual contracts, options, and swaps. This gives traders more flexibility to choose the products that best meet their needs.
Customizable contracts: Derivio's structured derivatives allow traders to customize their exposure to risk and reward. This gives traders more control over their trading strategies.
Market-neutral liquidity: Derivio's market-neutral liquidity ensures that traders can always get a fair price for their trades, even in volatile market conditions.
Low fees: Derivio charges very low fees on its trades. This makes it a cost-effective platform for traders to use.
Overall, Derivio is a promising new decentralized derivatives exchange with a number of potential benefits for traders.
What to do to participate in the possible airdrop
Derivio is a structured derivatives ecosystem offering synthetic derivatives that granularize risk-adjusted rewards for traders with smart leverage, while providing cryptocurrency operators with sufficiently deep liquidity pools for effective hedging.
Derivio is a project incubated by Binance and has also confirmed to launch their own token called DRV. Early users who try out their testnet may likely become eligible for an airdrop when they launch their token.
Step-by-Step Guide:
Visit the Derivio testnet page.
Connect your zkSync testnet wallet.
Get Goerli ETH from here and use Orbiter Finance testnet bridge to bridge it to zkSync testnet.
Now visit the Derivio faucet page and claim testnet tokens.
Return to the Trade section and make trades on Perpetual, Option and Swap.
Now go to the Earn section and mint DLP-M and DLP-B tokens. It will automatically be staked. Try to claim the rewards from the Stake section once in a while.
They’ve confirmed to launch their own token called DRV. Early users who do testnet actions may likely become eligible for an airdrop when their token goes live.
Please note that there is no guarantee that they will do an airdrop. It’s only speculation.
