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View ChartDeri Protocol is a decentralized crypto derivatives trading platform built to let users exchange risk exposures precisely and capital-efficiently on-chain. Described as "the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on-chain," the protocol executes trades under an open-source technology framework and is accessible across multiple networks. It operates on the Arbitrum platform and is also described as a smart contract based on Ethereum, Binance Smart Chain, Polygon Network and Huobi Ecological Chain, with accessibility on both the BNB Chain and Arbitrum. The native token, DERI, has a total supply reported at approximately 483.01 million according to CoinMarketCap, while the project's own documentation states the current total supply is 400,000,000 plus DERI minted throughout mining. Circulating supply is reported at roughly 124.69 million DERI. Deri Protocol was launched in February 2021 by Dfactory Ltd.; its CoinMarketCap listing date is 2021-02-11. DFactory is headquartered in the British Virgin Islands, while some reports place its primary office in Hong Kong. According to Blockspot, Deri Protocol ended its service in October 2025 and is categorized there under discontinued Ethereum token data; this claim has not been confirmed by the project's official channels.
Deri Protocol was started by Dfactory Ltd., the issuing organization behind the project, in February 2021. The founding team members are 0xAlpha and Richard Chen; Zhang Wei and Yifan He are also listed as founders in some sources. The co-founders are 0xAlpha and Richard, both of whom graduated from Peking University. The team has a strong educational background, and the two co-founders hold very rich experience in the derivatives industry. The Deri team is noted for excellent financial and technical backgrounds, with the platform's foundation built on expertise in finance, mathematics, and computer science, ensuring it remains at the forefront of the field. The project is headquartered in Hong Kong.
Deri Protocol is a decentralized protocol for users to exchange risk exposures precisely and capital-efficiently. Trades are executed under an open-source technology framework and are accessible on multiple networks. The platform operates without intermediaries, allowing users to trade crypto derivatives directly on the blockchain. It supports four types of derivatives: Perpetual Futures, Everlasting Options, Power Perpetuals, and Gamma Swap. Everlasting Options trading is offered gas-free, letting users go long or short Calls and Puts, choose target strikes, explore funding strategies, and manage risk without expiry dates. The platform states that it integrates a Web3 version of a trading visualization tool for tracking and analyzing DeFi tokens. Trades are tokenized as highly composable NFTs and executed under the AMM paradigm, which is how the platform exchanges risk exposures on-chain. It caters to traders by offering a broad spectrum of blockchain networks to enhance flexibility and reach.
Deri Protocol is designed with all the defining features of DeFi and financial derivatives in its nature. Beyond cryptocurrency derivative trading, it also covers further derivative use cases. Its open-source framework and multi-network accessibility distinguish it from single-chain platforms, while its no-intermediary model lets users trade directly on-chain. The protocol's capital-efficient approach to exchanging risk exposures serves traders seeking to hedge, speculate, or arbitrage. Its gas-free Everlasting Options and the inclusion of Power Perpetuals and Gamma Swap broaden the strategic toolkit available to derivatives traders. The team's deep derivatives expertise and strong financial, mathematical, and computer science backgrounds underpin the platform's technical positioning.
DERI is the native token of the Deri Protocol ecosystem, used within a decentralized crypto derivatives trading platform. The protocol itself serves traders engaging in hedging against market volatility, speculative investments, and arbitrage. Its four derivative types—Perpetual Futures, Everlasting Options, Power Perpetuals, and Gamma Swap—facilitate a range of trading activities. Users can go long or short Calls and Puts, choose target strikes, explore funding strategies, and manage risk without expiry dates through Everlasting Options. The platform also integrates a Web3-version trading visualization tool for tracking and analyzing DeFi tokens. According to TokenInsight, an earlier plan described a total supply of 1 billion DERI, 60% of which would be allocated; the current total supply reported by CoinMarketCap is 483,012,979 DERI.
Deri Protocol has pursued multi-chain expansion, operating on Arbitrum and described as a smart contract based on Ethereum, Binance Smart Chain, Polygon Network and Huobi Ecological Chain, with accessibility on both the BNB Chain and Arbitrum. A Mint Ventures Medium article titled "Deri Protocol: A lost pearl of the decentralized derivatives track" describes Deri as a decentralized derivatives trading platform and notes that Deri disclosed its pricing calculation logic and derivation process in detail. Deri Protocol also hosted an AMA on Everlasting Option Contracts, a livestream sponsored by the project. However, one source, Blockspot, notes that Deri Protocol ended its service in October 2025 and categorizes it under discontinued Ethereum token data, which indicates the project's operational status may have changed.
DERI is not produced by proof-of-work mining. According to the project's documentation, the current total supply is 400,000,000 plus DERI minted through mining, and the mining portion has a total supply of 600,000,000, released over decades at a rate of roughly 0.8M DERI per week. Prospective participants should consult the official documentation at https://docs.deri.io/library/tokenomics for the most current details on token issuance.
Security information should be verified through published audit reports and the project's bug bounty program; the CertiK rating of 3.6 shown on CoinMarketCap should not be read as a safety guarantee. Users retain control of their funds because trading is on-chain rather than through a centralized exchange; the project states it runs a bug bounty program and has undergone third-party security audits. The project's bounty was hosted on Cantina, where a notice states that Deri has removed all assets from the program scope and stopped accepting new findings. Users should still conduct thorough research and consider their risk tolerance before engaging in derivatives trading, as the volatile nature of crypto markets can lead to significant fluctuations in value.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for DERI are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Deri Protocol (DERI) is $0.001003. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated DERI to USD rate at the top of BTCC’s price page. In terms of market scope, Deri Protocol records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $125.083645K. Its current circulating supply stands at 124.7M out of a maximum supply cap of ∞.
The price volatility of Deri Protocol (DERI) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (124.7M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Deri Protocol (DERI) hit an all-time high (ATH) of $3.771625 on 2021-02-12 18:25, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000999 on 2026-05-20 01:50. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading DERI futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s DERIUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Deri Protocol, simply log into your BTCC account with USDT margin available, navigate to the DERIUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for DERIUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.001003), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for DERIUSDT with zero financial risk.
Trading Deri Protocol (DERI) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for DERIUSDT, and review its live price ($0.001003) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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