About

The company provides a range of business services and activities. These include strategic consulting, financial analysis, project management, and market research. They serve a diverse client base across various industries, assisting with business growth, risk management, and operational efficiency. The company employs a team of experienced professionals who leverage their expertise to deliver tailored solutions to clients.

History

Deri Protocol was started by Dfactory Ltd., the issuing organization behind Deri Protocol, in February 2021. DeriProtocol is a smart contract based on Ethereum, Binance Smart Chain, Polygon Network and Huobi Ecological Chain. All transactions are carried out on the chain. At the same time, Deri has also developed a cross-chain bridge to support a multi-chain swap of its native token (DERI) between all three supported chains i.e ETH, BSC, Polygon, and Heco.

Deri Protocol is designed with all the defining features of DeFi and financial derivatives in its nature. In addition to cryptocurrency derivative trading, Deri will also trade real-world assets such as a Stock index like SP500, individual stocks, and commodities like gold and silver. The price of these real-world assets will be fed using oracle. Deri has done a strategic partnership with Chainlink for feeding off-chain real-world data to its on-chain network.

Deri Started its operation by launching a trading competition in four liquidity pools: BAC pool (ETH chain), USDT of the ETH chain, BSC’s BUSD pool, and Heco’s HUSD pool in March 2021. In addition to four liquidity pools, Deri also launched the bridge function on March 15 to support ETH<>BSC, ETH<>Heco, BSC<>Heco conversion and three-chain interoperability.