Deri Protocol

What is Deri Protocol?

Deri is a decentralized derivative exchange protocol that allows its users to exchange risk exposures with a high degree of precision and capital-efficiency by tokenizing risk exposures into Non-fungible Tokens (NFTs).

These NFTs can be easily imported into other decentralized finance (DeFi) projects, creating a whole new myriad of use cases and investment strategies catered to the specific needs of every investor.

Deri Protocol runs in the Ethereum Blockchain as a group of smart contracts that allows the exchange of risk exposure entirely on-chain, while also using oracles to ensure precision in the values.

The use of the Ethereum network grants the protocol immediate access to the biggest DeFi ecosystem and allows the minting of ERC-20 tokens to tokenize positions which can then be used in it.