About Deri Protocol
Market Stats
Market Cap
$646,619.03
FDV
$2,529,280.71
Circulating Supply
124,695,829 DERI
Max Supply
487,753,589.593 DERI
Total Supply
483,012,978.593 DERI
Hold Time
No data
Performance
Popularity
No data
Dominance
0%
Volume (24H)
$60,023.72
0.01%
All time high
$3.77
Additional info about Deri Protocol
Networks and details
The price of Deri Protocol has decreased by 0.06% in the last hour and decreased by 2.42% in the past 24 hours. Deri Protocol’s price has also risen by 5.31% in the past week. The current price is $0.0052 per DERI with a 24-hour trading volume of $60.02K. Currently, Deri Protocol is valued at 99.86% below its all time high of $3.77. This all-time high was the highest price paid for Deri Protocol since its launch.
The current circulating supply of Deri Protocol is 124,695,829 DERI which means that Deri Protocol has as total market cap of $646,619.03.
Price history
Today | $0.0052 | ↘ 2.42% |
1 Day | $0.0053 | ↘ 2.42% |
1 Week | $0.0049 | ↗ 5.31% |
1 Month | $0.0087 | ↘ 40.68% |
1 Year | $0.0236 | ↘ 78.01% |
Market details
Performance against other markets | ↘ 78.97% |
Performance against BTC | ↘ 82.95% |
Performance against ETH | ↘ 59.87% |
Performance in the past year | ↘ 78.01% |
FAQ
The Deri protocol is a group of smart contracts deployed on the Ethereum blockchain. The users’ position on the platform is calculated with mark price, ensuring precision position. Such positions are tokenized as non-fungible tokens (NFTs) that can be held, transferred, or imported into any other DeFi projects for their financial purposes. Moreover, the Deri protocol is simple and is made for an easy-to-use trading process. The protocol also defines a game called ‘lego gameplay’ for DeFi projects.
Deri is the short form of Derivative. As the name suggests, the Deri protocol facilitates people to trade derivatives. According to the project’s whitepaper, a derivative is a contract that derives its value from the performance of an underlying asset or an entity. Derivatives can be used for several purposes, such as insuring against price movement or accessing hard-to-trade assets or the marketplace. According to the project’s documents, Deri Protocol is a decentralized finance (Defi) way to trade derivatives on the blockchain network.
According to its whitepaper, exchanging the risk exposure is one of the core functions of finance, including borrowing and lending. The centralized exchange (CEX) already serves the purpose of exchanging risk exposure in the crypto world. But CEX is not organic with the blockchain and cannot directly interact with other on-chain activities, thus fulfilling the purpose partially. Therefore, the Deri protocol is designed with all such defi features.
Deri token is the native cryptocurrency of the Deri protocol and is denoted by its ticker name DERI. The token is used as a governance token on the platform based on ERC-20 token standards. The token allows the community to share the ownership and dedicate themselves to the protocol’s governance. The DERI token is also used as a fee token as it is distributed to the users who intend to provide liquidity to the protocol.
The whitepaper of the project was released in December 2020. 0xAlpha (CEO) and Richard (CTO) are the project’s co-founders. Other members of the team include Jason, Janice, and Daniel. The total supply of DERI tokens is one billion coins.
We update our Deri Protocol to USD currency in real-time. Get the live price of Deri Protocol on Coinbase.
The current market cap of Deri Protocol is $646.62K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Deri Protocol is $3.77. This all-time high is highest price paid for Deri Protocol since it was launched.
Over the last 24 hours, the trading volume of Deri Protocol is $60.02K.
Assets that have a similar market cap to Deri Protocol include Zenqira, Sportbet.one Token, WaykiChain, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Deri Protocol is 125 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Deri Protocol news
Trending articles
Social stats
Popularity in posts
#4095
Contributors
10
Posts
606,344
% About Deri Protocol
0.003%
Hold times
0 days
X (Twitter)
40% bullish
Sentiment
3.4 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
10 unique individuals are talking about Deri Protocol and it is ranked #4,095 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Deri Protocol has an average sentiment score of 3.4 out of 5. Finally, Deri Protocol is becoming more newsworthy, with 0 news articles published about Deri Protocol. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about Deri Protocol. There were 40% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Deri Protocol. 60% of tweets were neutral about Deri Protocol. These sentiments are based on 20 tweets.
On Reddit, Deri Protocol was mentioned in 0 Reddit posts and there were 0 comments about Deri Protocol. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.