The Innovations of the Derify Protocol

The Derify Protocol (DRF) is a revolutionary decentralized derivative trading protocol that allows traders to engage in trading with 10x leverage on exchanges built on this protocol. It enables the creation and trading of various derivatives and incorporates two unique mechanisms, hAMM (Hedged Automated Market Making) and position mining, to enhance the trading experience.

Understanding the DRF Utility Token

The DRF token serves as the native utility token for the Derify Protocol. It has several use cases, including voting and governance participation, staking for eDRF to qualify as a broker, and earning trading fees through token buyback.

DRF Token Supply and Distribution

Currently, there are 900,000 DRF tokens in circulation out of a total supply of 100,000,000 DRF tokens. This supply distribution was initiated during the Initial DEX Offering (IDO).

The Team behind the Derify Protocol

Composed of experienced quantitative traders, blockchain engineers, and professional service providers, the Derify team boasts nearly 5 years of experience in providing quantitative trading and market making services. Their expertise extends to multiple top exchanges, including Binance, Huobi, Okex, and Mxc. Moreover, the technical team has a proven track record in developing blockchain projects and possesses extensive knowledge in areas such as public chains, smart contracts, and layer 2 solutions. Derify's decentralized operation team operates across Europe, Singapore, and China.

Where Can You Purchase DRF Tokens?

DRF tokens are readily available for trading on several exchanges, including Pancakeswap, Apeswap, and DODOex. Investors and traders can conveniently access these platforms to acquire DRF tokens.