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Description

Deri Protocol revolutionizes the DeFi landscape by enabling users to trade derivatives seamlessly on-chain for purposes such as hedging, speculation, and arbitrage. Utilizing an automated market maker (AMM) structure, Deri Protocol tokenizes trading positions as NFTs, allowing for enhanced integration with various DeFi applications. By offering a precise and capital-efficient method to exchange risk exposures, Deri Protocol has established itself as a foundational element of the DeFi ecosystem. This decentralized derivative exchange is built with inherent characteristics of both DeFi and financial derivatives, ensuring a robust framework for users. Deployed as a series of smart contracts on the Ethereum blockchain, the protocol facilitates the entire risk exposure exchange process in a fully decentralized manner. Furthermore, it allows individuals to create pools with any base token, although it typically favors stablecoins like USDT or DAI, thus promoting versatility without dictating a specific currency standard. This flexibility empowers users to engage in a variety of trading strategies while still benefiting from the advantages of DeFi technology.

Description

Gearbox operates as a versatile leverage protocol, featuring two primary participants: passive lenders who enjoy low-risk annual percentage yields by lending single assets, and active borrowers, including farmers, companies, or other protocols, who utilize those assets for trading or farming with potentially up to ten times leverage. With Gearbox Protocol, users can access DeFi-native leverage, which they can then apply across a multitude of protocols, enhancing their ability to customize their positions. This means you can borrow from Gearbox and implement strategies on platforms you already utilize, such as Uniswap, Curve, Convex, and Lido. For instance, you might engage in leveraged trading on Uniswap, farm with leverage on Yearn, create delta-neutral investment strategies, hedge your market exposure, or even leverage different services for structured products. The flexibility provided by Gearbox enables users to maximize their opportunities in the decentralized finance landscape.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

No images available

Integrations

Autofarm
BNB Smart Chain (BSC)
Ethereum
FOX Wallet
MetaMask
Polygon
SushiSwap
Telegram
Uniswap

Integrations

Autofarm
BNB Smart Chain (BSC)
Ethereum
FOX Wallet
MetaMask
Polygon
SushiSwap
Telegram
Uniswap

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$0
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Deri

Founded

2020

Website

deri.finance/

Vendor Details

Company Name

Gearbox Foundation

Founded

2021

Country

Cayman Islands

Website

gearbox.fi

Product Features

Alternatives

Alternatives