DerivaDAO update: DDX Live price, price chart, news and markets

The DDX price update as of now is $0.04975. In the previous 24 hours, its trading volume was $11, and its value has decreased by -0.16%. As of now, DDX's live market cap is $2,648,439, and it is ranked as the #1477 on the Coincu. DDX has a circulating supply of 53,232,567 and a maximum supply of 53,232,567.

Introducing DerivaDAO: A Comprehensive Overview

DerivaDAO is an innovative decentralized exchange designed specifically for derivatives contracts. It combines the autonomy of decentralized exchanges with the performance capabilities of centralized exchanges, allowing traders to enjoy the best of both worlds.

Addressing Challenges with DerivaDAO

• Achieving optimal performance and security is no longer a trade-off.
• Centralized exchanges offer robust products and liquidity but are subject to exchange control.
• Decentralized exchanges provide user control but may compromise usability.
• DerivaDAO was developed to solve these issues by merging the advantages of both centralized and decentralized exchanges. The result is a decentralized exchange that delivers excellent performance and high security.

Key Features of DerivaDAO

DerivaDAO takes a pragmatic approach to create a high-performance derivatives exchange with a user-friendly interface while maintaining decentralization.

• Perpetual Contracts for various Coins & Tokens (ERC20 - Non ERC20) can be traded on DerivaDAO, offering a trading experience similar to top centralized exchanges.
• Users have complete control over their assets through their own non-custodial wallets.
• Transactions are confirmed on the Ethereum Blockchain through on-chain settlement. DerivaDAO will also establish a DAO to address any emerging issues.

DerivaDAO: Advancements in Development

The Exchange

DerivaDAO is a distinctive exchange that offers significant performance advantages, including real-time price feeds, fast transaction settlement, and competitive fees.

Governance App

The platform is governed by traders and token holders who have the authority to vote on exchange-related features.

Insurance Mining

DerivaDAO adopts insurance mining to generate capital for the insurance fund. Users can stake funds and receive DDX tokens as a reward.