DerivaDAO (DDX)

What is DerivaDEX?

DerivaDEX is a next generation decentralized exchange for derivatives contracts. DerivaDEX uniquely combines the autonomy of decentralized exchanges with the performance of centralized exchanges.

DerivaDEX Current Issues and Solutions

• Until now, traders had to choose between performance and security.
• Centralized exchanges offer robust products and liquidity, but are subject to exchange control.
• Decentralized exchanges give control to users, but affect usability.
• Realizing the above two outstanding problems, DerivaDEX was born to combine the advantages of two centralized and decentralized worlds, which is to create a decentralized exchange with high performance and good security.

Highlights of DerivaDEX 

DerivaDEX approaches the problem pragmatically, which is to build a high-performance derivatives exchange that has a smooth UX and doesn't have to come at the expense of decentralization.

• Allows anyone to trade Perpetual Contracts of various Coins & Tokens (ERC20 - Non ERC20) on DerivaDEX and the experience will be similar to top CEXs.
• Users manage assets on their own (Non-Custodial) wallet.
• Transactions will be confirmed on the Ethereum Blockchain (on-chain settlement)DerivaDEX will build a DAO to administer DerivaDEX and the issues that arise.

What DerivaDEX is building

Exchange

DerivaDEX is a new type of exchange with key performance advantages, including real-time price feeds, fast transaction settlement with competitive fees.

Governance App

Traders and token holders control the platform. Users vote on exchange-related features.

Insurance Mining

Insurance exploitation to raise capital for the insurance fund. Users stake the insurance fund and receive DDX.

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