Derify Protocol (DRF) is an advanced decentralized derivative trading protocol which allows traders to gain leverage of up to 10x on exchanges. The Derify Protocol is designed to promote freedom, enabling anyone to generate any forms of derivatives. It accommodates all types of derivatives, demonstrating the intrinsic versatility of the protocol. Moreover, Derify Protocol integrates two innovative mechanisms: hAMM (Hedged Automated Market Making) and position mining.
The Utility of DRF Tokens
DRF, the native utility token of the Derify Protocol, has diverse applications. It facilitates voting and governance participation, staking for eDRF which qualifies a user to be a broker, and earning trading fees through token buyback and other methods.
DRF Token Circulation Data
On launching the Initial DEX Offering (IDO), the total DRF in circulation will be 900,000 out of a total supply of 100,000,000 DRF.
About Derify Protocol Founders
The Derify Protocol team is composed of proficient quantitative-traders, blockchain developers, and professional service providers. With nearly five years of experience in providing quantitative trading and market making services, the team holds the distinction of being a top market maker for major exchanges including Binance, Huobi, Okex, and Mxc. They provide liquidity for various cryptos and manage thousands of Bitcoins. The team has profound knowledge of crypto derivatives and trading. With a technical team that has successfully developed numerous blockchain projects, they have comprehensive knowledge in public chains, smart contracts, and layer 2 solutions. The Derify team operates across Europe, Singapore, and China, demonstrating their global reach.
Where to Buy DRF Tokens
DRF tokens can be purchased on a growing range of exchanges. Some of the popular ones include Pancakeswap, Apeswap, and DODOex.
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