Derived is a multi-chain synthetic assets trading platform designed for minting, trading, and managing synthetic assets across various blockchains like Ethereum, Binance Smart Chain, Polkadot, Avalanche, and Cardano. It allows users to trade with high leverage, which can range from 3-500x, offering high liquidity and low slippage. The platform also differentiates itself with no funding rate charges for leveraged trades, unlike many alternatives.
Derived offers several benefits, including access to a wide array of synthetic assets such as cryptocurrencies, commodities, and forex. Its unique approach of not charging funding rates for leverage trading helps users save costs. Derived's Dual Asset Staking allows simultaneous staking of two assets, optimizing staking rewards. Additionally, the high-leverage options and cross-chain capabilities provide flexibility and broad accessibility.
Derived distinguishes itself through its multi-chain interoperability, supporting synthetic asset trades on leading blockchains like Ethereum and Cardano. Unlike many other platforms, it offers up to 500x leverage and ensures no funding rate charges on leverage trading. These features, combined with a unique liquidity model, ensure low slippage and enhance user experience compared to single-chain platforms with higher trading costs.
The $DVDX token is integral to the Derived ecosystem, serving several key functions. It is used for governance, allowing holders to participate in decision-making processes. Furthermore, $DVDX can be staked for rewards, and it provides access to various platform benefits and exclusive opportunities, underscoring its utility within the Derived platform.
Derived addresses the growing demand for synthetic assets within the decentralized finance (DeFi) sector by offering a comprehensive, decentralized trading platform. Its emphasis on cross-chain trading capabilities, cost efficiency through no funding rate fees, and high-leverage options align with the industry's move towards more inclusive and efficient financial solutions, appealing to both retail and institutional investors in the web3 era.
If you encounter any issues on the Derived platform, it's recommended to first consult their help center or FAQ section for troubleshooting advice. For unresolved issues, users can contact their customer support team for assistance. Additionally, participating in their community forums or official communication channels can provide quick help from both the support team and fellow users.
Derived is a multi-chain platform for trading synthetic assets with up to 500x leverage, no funding rate charges, and Dual Asset Staking. Supports Ethereum, BSC, Polkadot, Avalanche, and Cardano. Uses $DVDX for governance and rewards.
Derived is a multi-chain synthetic assets trading platform, designed to facilitate the minting, trading, and management of synthetic assets across key blockchains such as Ethereum, Binance Smart Chain, Polkadot, Avalanche, and Cardano. It distinguishes itself by offering trading with up to 3-500x leverage without funding rate charges and featuring a unique liquidity model that ensures high liquidity and low slippage. The platform supports a variety of asset classes, including cryptocurrencies, commodities, and forex, aiming to make financial markets more accessible and efficient for users worldwide. Additionally, Derived introduces a Dual Asset Staking mechanism and uses its native token, $DVDX, for governance, staking, and unlocking various platform benefits and rewards. Through these offerings, Derived is set on democratizing access to financial markets, catering to both retail and institutional investors within the web3 ecosystem, while its development team remains committed to innovation in the synthetic asset space.
Derived is a multi-chain synthetic assets trading platform, designed to facilitate the minting, trading, and management of synthetic assets across key blockchains such as Ethereum, Binance Smart Chain, Polkadot, Avalanche, and Cardano. It distinguishes itself by offering trading with up to 3-500x leverage without funding rate charges and featuring a unique liquidity model that ensures high liquidity and low slippage. The platform supports a variety of asset classes, including cryptocurrencies, commodities, and forex, aiming to make financial markets more accessible and efficient for users worldwide. Additionally, Derived introduces a Dual Asset Staking mechanism and uses its native token, $DVDX, for governance, staking, and unlocking various platform benefits and rewards. Through these offerings, Derived is set on democratizing access to financial markets, catering to both retail and institutional investors within the web3 ecosystem, while its development team remains committed to innovation in the synthetic asset space.