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About

Deri Protocol is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on-chain. With Deri Protocol, trades are executed under AMM paradigm and positions are tokenized as NFTs, highly composable with other DeFi projects. Having provided an on-chain mechanism to exchange risk exposures precisely and capital-efficiently, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure. As the solution to decentralized derivative exchange, Deri Protocol is designed with all the defining features of DeFi and financial derivatives in its nature. Deri Protocol is a group of smart contracts deployed on the Ethereum blockchain, where the exchange of risk exposures takes place completely on-chain. Anybody can launch a pool with any base token (but usually with a stablecoin, e.g. USDT or DAI). That is, the protocol does not enforce any specific “in-house chip”.

About

Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum and other chains. The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. Frax is a new paradigm in stablecoin design. Many stablecoin protocols have entirely embraced one spectrum of design (entirely collateralized) or the other extreme (entirely algorithmic with no backing). Collateralized stablecoins either have custodial risk or require on-chain overcollateralization. Frax is the first and only stablecoin with parts of its supply backed by collateral and parts of the supply algorithmic. This means FRAX is the first stablecoin to have part of its supply floating/unbacked.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Crypto users and anyone looking for a decentralized protocol solution to exchange their digital assets

Audience

Fractional-algorithmic stablecoin protocol solution for crypto holders

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Deri
Founded: 2020
deri.finance/

Company Information

Frax
Founded: 2019
Cayman Islands
frax.finance/

Alternatives

Alternatives

Apricot

Apricot

Apricot Lend
TrueFi

TrueFi

TrustToken

Categories

DApps Supported
DeFi Projects Supported

Categories

Crypto Staking Supported
Yield Farms Supported

Integrations

BNB Smart Chain (BSC) Supported
MetaMask Supported
Polygon Supported
Autofarm Supported
Avalanche Not Supported
Binance Not Supported
CoinEx Not Supported
Curve Finance Not Supported
FOX Wallet Supported
Fantom Not Supported
Gate.io Not Supported
Harmony Not Supported
Morpho Not Supported
Telegram Supported
Uniswap Not Supported
Yearn Not Supported

Integrations

BNB Smart Chain (BSC) Supported
MetaMask Supported
Polygon Supported
Autofarm Not Supported
Avalanche Supported
Binance Supported
CoinEx Supported
Curve Finance Supported
FOX Wallet Not Supported
Fantom Supported
Gate.io Supported
Harmony Supported
Morpho Supported
Telegram Not Supported
Uniswap Supported
Yearn Supported
Claim Deri and update features and information
Claim Deri and update features and information
Claim Frax and update features and information
Claim Frax and update features and information