DeriW Announces Testnet Launch Powered by CoinW: Pioneering Decentralized Derivatives Trading

DeriW proudly
launched
its
decentralized
trading
platform,
boasting
a
zero
gas
fee
feature,
designed
to
transform
the
landscape
of
derivatives
trading
with
blockchain
technology.
By
offering
up
to
100x
leverage
on
various
cryptocurrency
pairs,
open
liquidity
pools,
and
referral
rebates,
DeriW
sets
a
new
standard
for
security
and
trader
autonomy
in
the
financial
world.

What
is
DeriW,
and
What
Makes
It
Unique?
DeriW
is
a decentralized
platform reshaping
derivatives
trading
by
offering
perpetual
futures
trading.
Traders
can
take
long
or
short
positions
on
major
cryptocurrencies
like
Bitcoin
and
Ethereum
with
up
to
100x
leverage
while
retaining
control
of
their
collateral
through
self-custodial
wallets.
This
revolutionary
approach
ensures
security
and
autonomy,
distinguishing
DeriW
in
the
crypto
trading
landscape.

How
is
DeriW’s
Chain
Infrastructure
Designed?
DeriW
runs
on
the
innovative
Deriw
Chain,
based
on
the
Arbitrum
Orbit
L3
network,
utilizing
Rollup
technology
to
enhance
the
Ethereum
network’s
security
features.
Built
with
standards
like
WASM
and
Geth,
it
supports
a
remarkable
7,000
transactions
per
second,
enabling
high-speed
trading
with
zero
gas
fees
and
instant
confirmations.
Deep
integration
with
the
Arbitrum
ecosystem
boosts
scalability
and
transaction
efficiency.

How
Does
DeriW’s
Innovative
Liquidity
Pool
Work?
DeriW’s
liquidity
model
is
a
game-changer,
employing
a
pendulum-style
mechanism
that
dynamically
adjusts
liquidity
based
on
traders’
positions.
This
novel
approach
allows
the
pool
to
support
trading
volumes
beyond
initial
capital
by
optimizing
utilization
based
on
real-time
market
conditions.
The
pool
operates
through
a
closed
fund
mechanism,
where
traders
pre-subscribe
and
lock
funds,
ensuring
stability
and
alignment
with
trading
needs,
while
an
automatic
risk
recalibration
system
maintains
safety.

What
Can
You
Do
on
DeriW?

Perpetual
Trading: DeriW
offers
up
to
100x
leverage
for
trading
various
cryptocurrency
pairs.
Traders
can
go
long
or
short
with
a
low
fee
of
0.1%
per
transaction.
The
platform
supports
diverse
order
types
including
market,
limit,
take-profit,
and
stop-loss,
catering
to
various
trading
strategies.
It
features
a
wide
array
of
tokens,
including
popular,
emerging,
and
meme
coins.

Liquidity
Provision: Liquidity
providers
contribute
USDT,
receiving
equivalent
LP
tokens
which
are
locked
for
a
month,
and
can
be
withdrawn
later.
This
pool
shares
profits,
losses,
and
a
30%
fee,
aiming
for
an
anticipated
annual
return
of
about
25.44%.

Referral
Rebates: DeriW’s
decentralized
rebate
system
rewards
referrers
with
up
to
50%
in
discounts
and
rebates.
Referral
links
are
stored
on
smart
contracts,
enabling
sharing
on
platforms
like
Discord
and
Telegram,
facilitating
network
management,
and
personalized
invitation
codes.

To
celebrate
this
significant
launch,
DeriW
has
introduced
a Bug
Bounty
Program to
enhance
platform
security
and
user
engagement.
This
program
rewards
users
with
DER
tokens,
offering
airdrops
ranging
from
100
to
100,000
DER
tokens
to
those
who
help
identify
and
report
potential
security
vulnerabilities.
Additionally,
new
users
are
welcomed
with
a
1000
DER
token
airdrop
and
a 50,000
USDT
rewards
weekly
trading
competition,
encouraging
a
robust
start
in
their
trading
journey
on
DeriW.