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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

Upshot is a protocol that employs appraisal games to encourage individuals to provide honest responses to subjective inquiries. Its inaugural product focuses on facilitating an effective price-discovery mechanism for NFTs by compensating experts for their truthful evaluations, thereby creating new opportunities for specialists and paving the way for innovative DeFi primitives. Upshot One operates as a question-and-answer protocol that utilizes a novel area of mechanism design known as peer prediction, which is intended to motivate users to answer questions with integrity. The protocol's goal is to consistently and effectively match genuine responses to queries, enhancing various exciting applications, including efficient price discovery for niche assets, decentralized insurance, governance, content curation, and beyond. As a modular system, Upshot One can be adapted for use in multiple key sectors, with the efficient price discovery of NFTs representing its initial deployment. Furthermore, the flexibility of the protocol ensures that it can evolve to meet the demands of future use cases as the ecosystem develops.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

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

Integrations

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

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
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

Upshot

Website

upshot.io

Product Features

Alternatives

Alternatives

Dynamic FAQ Reviews

Dynamic FAQ

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