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Derify

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Decentralized exchange enabling perpetual futures trading with fungible tokens.

Overview

Derify operates as a decentralized exchange that focuses on perpetual contracts and synthetic assets, with a primary audience in the BNB ecosystem. The platform allows users to trade perpetual futures using various fungible tokens as collateral, which seeks to overcome some limitations found in traditional trading systems. Derify offers several products, including a beta version of its exchange, functions for asset pledging and contract transactions, as well as tailored services for BNB projects. The platform's approach to decentralized trading is intended to enable individuals and projects to participate in perpetual future trading, while also promoting partnerships and community development. Additionally, the introduction of the DRF token and plans for expansion to other networks are outlined as part of its strategic initiatives.

Key facts

Founded
2021

Business model

Contact

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About Derify

What does Derify do?

Derify operates as a decentralized exchange that focuses on perpetual contracts and synthetic assets, with a primary audience in the BNB ecosystem.

Where is Derify headquartered?

Derify is headquartered in Singapore, Singapore.

When was Derify founded?

Derify was founded in 2021.

Which sector is Derify in?

Derify operates in Decentralized Finance, part of Financial Technology.

Who are Derify's competitors?

Companies similar to Derify include KTX Finance, Perlin, and Forward.