DeriW opens a new chapter in decentralized derivatives trading with the launch of its public testnet, emphasizing speed, security, and user-friendliness.
Features of the DeriW Testnet
The DeriW testnet offers a full-featured trading experience, simulating a production-ready exchange. Users can connect their wallets, trade assets like Bitcoin and Ethereum with up to 100x leverage, and enjoy low transaction fees of 0.02%. The testnet's high performance is driven by the Arbitrum Orbit Layer 3 network, enabling up to 80,000 transactions per second.
DeriW's Competitive Edge
DeriW stands out among platforms with its zero gas fee model, high transaction speed, and unique Pendulum AMM liquidity model. Security is bolstered by leveraging Ethereum's network properties and the proprietary UBPK mechanism. DeriW's bug bounty program offers rewards for identifying security vulnerabilities.
Outlook and Next Steps
During the testnet phase, DeriW is actively collecting feedback and analyzing data for further platform improvements. Gradual enhancements are planned ahead of the mainnet launch, scheduled for Q2 2025. In 2025, DeriW aims to introduce new APIs for algorithmic trading and cultivate a global trading community.
The launch of DeriW's testnet showcases significant innovations in derivative trading, merging proven DeFi functions with technological advancements. The upcoming months will be crucial for the platform.
