Average Daily Volume
Deri Protocol is currently ranked number 1198 worldwide with a daily trading volume of $290,812.00, which it will make it not so easy for you to sell your holdings of Deri Protocol.
Rating: 0/5
Market Cap
Deri Protocol has a total market cap of $5,663,669.00.
Rating: 0/5
Community
Deri Protocol has 57,489 total followers in all its social media accounts.
Rating: 0/5
All Time High
Deri Protocol is currently -98.85% from its highest price $3.77 on 2021-02-12.
Rating: 5/5
Price Potential
The Deri Protocol price has the potential to increase to $11.02 during the next cryptocurrency bull market, which may occur within the next five years.
Overall Score
Our algorithm believes it is an excellent time to invest in Deri Protocol right now.
Overall rating: 2/5
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What Is Deri Protocol?
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-chain mechanism to exchange and hold risks, Deri protocol has minted one of the most important blocks of the DeFi infrastructure.
