Assets favoring long BTC still far outweigh short BTC products, but problem is…

The cryptocurrency market has witnessed a massive sell-off this week. Over $3.15 billion in the value passed in or out of exchanges, with a net bias towards inflows, which accounted for $1.60 billion (50.8%). In fact, this recorded the largest aggregate exchange-related volume peak since October last year. Like surprises? As cryptocurrencies continue to lose … Read more

Is the NFT hype fizzling out or is there something else at play here

Recently published report suggests a major downtrend in NFT sales. This led to calls of a worrying NFT market sentiment which are gradually being quashed after big performances recently. Nonfungible published a report talking about the NFT market performance during the Q1 of 2022. The report has raised many eyebrows after being published, indicating a depleting … Read more

Avalanche [AVAX] investors don’t appear thrilled even with this announcement

Take a look at Ethereum and Solana and their failings in the last few days. Both platforms experienced performance problems last weekend. High demands for the sale of NFTs temporarily halted transactions on both platforms. Blockchain providers are locked in a fierce competition to outperform one another. Therefore, for efficiency, new implementations are constantly deployed. … Read more

Deri Protocol is coming to Arbitrum

We are excited to announce that Deri Protocol is coming to Arbitrum! Deri Protocol continues to pursue its goal of providing capital efficiency to derivatives traders on multiple blockchains. Our integration with Arbitrum means faster transactions, lower gas fees, and overall a better experience for our users. Arbitrum is the first true layer 2 scalability solution … Read more

The bullish case for everything from Ethereum-Solana rivalry and…

Michael Saylor, CEO at MicroStrategy, makes a tough prediction for Solana and Binance to come up against Ethereum. His comments come at a bad time for Ethereum community with their precious platform further delaying the Merge. In a recent podcast with Lex Fridman, Saylor was asked to comment on the future of crypto platforms, and … Read more

Algorand: Can news of its launch of carbon offsetting protocol revive its price action

One of the most significant issues in the crypto world is the impact it has on the environment. The likes of Bitcoin and Ethereum, which run energy-intensive proof-of-work consensus system, tend to increase the criticism. However, to counter the same, there are chains such as Algorand as well that are coming up with ingenious methods … Read more

LUNAUSDT Perpetual Futures Now on Deri Protocol

We’re excited to announce that LUNAUSDT perpetual futures is open for trading in Deri Protocol on BNB Chain. Trade: Perpetual Futures Specs Symbol: LUNAUSDT Base token: $BUSD, $USDC, $USDT, $XVS, $BNB, $BTCB, $ETH, $LTC, $SXP, $XRP, $DOT, $LINK, $DAI, $ADA, $CAKE, $TUSD, $TRX, $MATIC Min.Trade Unit (Notional): 0.01 Initial Margin Ratio: 10% Maintenance Margin Ratio: 5% Transaction Fee: 0.2% About … Read more

Solana’s ‘far too many red flags’ too much for this exec

Solana has been in the news a lot recently, both for good and bad reasons. It would seem, however, that the latter has caught the fancy of Cyber Capital’s Founder Justin Bons. He is in the news today after he tweeted a thread on the Solana blockchain. Via what many characterized as a rant against … Read more

Deri Protocol Monthly Report for March 2022

Highlights in March Deri launched mBTC^2 and mETH^2 Power Perpetuals (Powers). Traders can now long powers to boost the up-side profit with protected downside; short powers to collect the funding fee as a yield; or trade powers to hedge the impermanent loss of Constant — Product Marketing Making, e.g. Uniswap and PancakeSwap Deri Protocol’s slogan: Deri, your options, … Read more