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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
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

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
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

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
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

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

Categories

Integrations

BNB Smart Chain (BSC)
MetaMask
Polygon
Aave
Arbitrum
Autofarm
Avalanche
Canton
Crypto.com
Ethereum
Exponential DeFi
Gate.io
HitBTC
MEXC
Moonriver
Morpho
Telegram
Yearn
vfat.tools

Integrations

BNB Smart Chain (BSC)
MetaMask
Polygon
Aave
Arbitrum
Autofarm
Avalanche
Canton
Crypto.com
Ethereum
Exponential DeFi
Gate.io
HitBTC
MEXC
Moonriver
Morpho
Telegram
Yearn
vfat.tools
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