Deri Protocol

With Deri, users are able to trade risk exposure precisely and capital-efficiently. In short, derivatives trading is done in a DeFi way: hedges, speculation, arbitrage, all on chain. As part of the Deri protocol, risks are tokenized in NFTs that can be imported into other DeFi implementations for their own financial purposes. Deri protocol has been hailed as one of the most important blocks of DeFi infrastructure for its ability to accommodate risks through an on-chain mechanism.