Discover the future of trading with с DerivaDEX, a community-regulated derivatives exchange that combines performance and autonomy.
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Description of the DerivaDEX
DerivaDEX — a decentralized exchange with the required performance and security for traders. It is a new kind of exchange with key performance benefits, including real-time pricing, fast deal resolution and a competitive fee structure. DDX - DerivaDEX's native token. It is used for project management through DerivaDAO. DDX also helps to reduce fees and to be able to place bets.
DerivaDAO manages more than just the supply of DDX tokens. The project is also responsible for managing all parameters of the exchange: listing products, determining the capitalization of the insurance fund, setting trading fees. A unique feature of DerivaDEX - the requirement for the exchange to create and maintain a healthy insurance fund. Unlike centralized exchanges, this DAO managed fund will have transparent parameters, set through governance.
Leveraging reliable hardware and achieving decentralization at a basic level, Deriva DEX will be the next generation exchange. The main advantages of the project:
| Decentralized autonomous organizations (DAOs) | This solves the problems of censorship-resistance and single point of failure. |
| Open order book, no AMMs, chain settlement | Offers traders a familiar, efficient and capital efficient UX, unlike the conventional automated market maker (AMM) design, used by most DeFi projects. |
| Liquidity and mining | The carefully designed and robust model greatly encourages participation in the management and operations of Deriva DEX. |
The developers are also launching a number of incentive opportunities that will be available to early partners, including contests, insurance mining and other opportunities to get early access to an exchange product and an affiliate referral program.
Additional information
There are no WhitePaper and RoadMap documents on the site. For more information on the project, check out the articles on the Medium blog. You will find a brief description of the platform on the main page.
From social networks, the community leads:
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