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Deri Protocol DERI

Deri Protocol Price (DERI)
$0.0207
0.01% Buy DERI Now

0.00000590 ETH

0.000000306 BTC

Buy DERI Now
Low: $0.0205
High: $0.0212
24h
Market Cap
$2,586,381
0.01%
Fully Diluted Market Cap
$10,018,423
0.01%
Volume
24h
$30,444
353.95%
Volume / Market Cap
0.0118
Circulating Supply
124,695,829 DERI
Max Supply
--
Total Supply
483,012,979

Deri Protocol (DERI) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.02%

Joined at Dec 12, 2020

Following

154

1.32%

Tweet count

2,459

0.16%

Deri Protocol reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Deri Protocol (DERI) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Deri Protocol telegram
Telegram Stats
Visit Telegram

Members

0.10%

Title

Deri Protocol

Deri Protocol traffic
Website Traffic
Visit Website

Website Rating (DR)

45 / 100

2.17%

Ahrefs Rank

1,116,011

3.93%

Organic Traffic (mo.)

1,173

52.73%

Deri Protocol github
GitHub Organization

Public repos

-

Type

-

Currently, official Deri Protocol (DERI) GitHub Organization account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Deri Protocol github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Deri Protocol (DERI) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆 Submit Now

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers : 52,697

Members : 5,146


Live DERI Price Analysis

The current real time Deri Protocol price is $0.0207, and its trading volume is $30,444 in the last 24 hours. DERI price has grew by 0.01% in the last day, and decreased by 13.79% in the last 7 days. It’s important to note that current Deri Protocol market capitalization is $2,586,381, Talking about circulating supply, DERI has 124,695,829 coins. Currently, Deri Protocol rank on the market is #1187.

Deri Protocol price today is 99.45% below all time high, and it is 825.70% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling DERI are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Deri Protocol?

Deri is a decentralized derivative trading platform that allows users to exchange risk exposures and capital with precision and efficiency. Through DeFi tools on Deri Protocol, users can hedge risk, speculate, or arbitrage on-chain.

Deri deploys an automated market maker (AMM) model to automate order processes and ensure faster and more affordable order settlement. Essentially, the derivative trading AMM model works similarly to decentralized exchanges (DEXs). Additionally, the AMM mechanism works as the trading counterpart to contrast the trader’s derivative position against the liquidity pool.

How does it work? Consider a trader’s derivative position, for instance, entering a long position for a futures or options trade. The AMM will automatically enter a countering short position. Thus, the protocol simplifies access to countering positions. One could argue that Deri is the Uniswap of derivative trading. The liquidity pool, on the other hand, bears all risks for the counter-positions held as a passive counterparty against every trader. So, in derivatives trading, the majority side will incur a funding fee equivalent to the net position of the minority side.

Moreover, keep in mind that Deri Protocol supports perpetual futures and everlasting options as the two main types of derivatives. A simple AMM is enough for perpetual futures. On the other hand, everlasting options require a highly specialized AMM to facilitate trades on the platform.

Lastly, note that Deri Protocol also features multiple base tokens for providing liquidity and margin trading.

Check out the DERI price chart above to stay updated on the latest Deri Protocol price movements.

Use Cases of DERI

The Deri protocol relies on its native token, DERI, to facilitate processes. The token performs two key functions – governance and privilege.

As a governance token, DERI holders can participate in decision-making and voting on proposals regarding Deri Protocol’s future. Vote weights are proportional to the number of tokens a user holds.

Though the DERI crypto asset can also be deployed as a privilege token to offer users exclusive access to features on the Deri trading platform. The privileges include discounted transaction fee rates and liquidator qualification.

Planning to buy Deri Protocol tokens? If you are, make sure to do a thorough DERI price analysis. Use the Deri Protocol price chart above for doing that.

Who Founded Deri Protocol?

Deri Protocol founders are pseudonymous, with 0xAlpha as the CEO and Richard as the CTO. The co-founders are seasoned entrepreneurs with extensive experience in the crypto sector, especially trading and smart contract development.

Other Deri Protocol team members are Jason – the business development lead; Janice – the marketing lead; and Daniel – the product lead.

Tokenomics of DERI

DERI has a total supply of 473,337,679 tokens. The platform has burned over 5.5 million tokens, solidifying its deflationary mechanism. This way, the project manages to maintain a steady DERI price, especially during volatile environments.

What's Deri Protocol trading volume in the last 24 hours?

DERI has a trading volume of $30,444 in the last 24 hours.

What's Deri Protocol highest price ever?

DERI has a highest price of $3.77, which was reached on Feb 12, 2021 (3 years 5 months ago ).

What's Deri Protocol lowest price ever?

DERI has a lowest price of $0.0022, which was reached on Dec 11, 2022 (1 year 7 months ago ).

What are the best exchanges for buying and selling DERI?

Currently, the most active and dominating exchanges for buying and selling Deri Protocol are Binance, Kraken & Kucoin. The most popular Deri Protocol trading pairs are DERI/USDT (on Gate.io ), DERI/ETH (on Gate.io ), DERI/USDT (on CoinEx ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping DERI?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Deri Protocol. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Deri Protocol project's Circulating Supply has been verified and is equal to:

Circulating Supply

124,695,829 DERI

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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