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Market Cap$ 3.07T-0.99%
24h Spot Volume$ 41.15B+5.33%
DominanceBTC60.79%+0.30%ETH7.08%+0.72%
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Derify Protocol

Derify Protocol DRFPrice N/A

DRF Price

N/A

General Info

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# Inactive

Description

Derify protocol is an innovative decentralized derivative trading protocol.

Derify Protocol (DRF) Chart

Derify Protocol price Index provides the latest DRF price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

Max Supply

DRF 100,000,000

Total Supply

DRF 98,950,671

All Time High

$ 0.657

7 Apr 2022


All Time Low

$ 0.00263

6 Jan 2025

Trending Derify Protocol Fiat Pairs

What is Derify Protocol (DRF)?

Derify protocol is an innovative decentralized derivative trading protocol. Traders can trade with 10x leverage[1] on exchanges based on this protocol. Derify protocol is a programmable liquidity pool that supports multiple assets. Third-party smart contract can achieve much more advanced and complicated DeFi applications based on this protocol.

Derify protocol enables anyone to create any derivatives freely (as long as proper Oracles exist). It supports all types of derivatives (based on price index), e.g. on-chain assets like ERC-20 tokens, or off-chain assets like gold and crude oil. Based on the very nature of derivatives and margin trading, Derify protocol introduced two innovative mechanism: hAMM (Hedged Automated Market Making) and position mining.

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