Deri Protocol Coin Price & Market Data
Deri Protocol price today is $0.140908 with a 24-hour trading volume of $1,107,705. DERI price is up 28.2% in the last 24 hours. It has a circulating supply of 110 Million DERI coins and a total supply of 441 Million. If you are looking to buy or sell Deri Protocol, Sushiswap is currently the most active exchange.
Deri 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 purposes. Having provided an effective on-chian mechanism to exchange and hold risks, Deri protocol has minted one of the most important blocks of the DeFi infrastructure.