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What is Gridex?

Gridex marks the debut of a fully on-chain order book trading system within the Ethereum landscape. D5 acts as the pioneering aggregator that combines the advantages of both Order Books and Automated Market Makers (AMMs), delivering an innovative trading experience on-chain. The Gridex PoS serves as a cross-chain order book protocol, functioning alongside a layer 0 blockchain designed to accommodate all major layer 1 blockchains and generalized layer 2 solutions. Initially, the GDX token will be launched as an ERC-20 token on Ethereum, but it is set to evolve into the native token of the Gridex PoS upon its official rollout. The Gridex framework is a non-custodial and permissionless trading solution, consisting of a series of enduring, non-upgradable smart contracts established on the Ethereum blockchain. In contrast to the commonly utilized decentralized exchanges built on the Automated Market Maker (AMM) model, Gridex adopts a more conventional order book strategy. Our pioneering Grid Maker Order Book (GMOB) model has significantly reduced the resource requirements linked to managing an order book-based trading system, thereby boosting overall efficiency. This increased efficiency not only aids traders but also fosters a more sustainable trading ecosystem, ensuring long-term viability and growth.

What is Deri?

Deri Protocol is transforming the decentralized finance (DeFi) space by allowing users to trade derivatives directly on-chain, serving various purposes such as hedging, speculation, and arbitrage. Through its automated market maker (AMM) framework, Deri Protocol tokenizes trading positions as non-fungible tokens (NFTs), which enhances its compatibility with numerous DeFi applications. By providing an efficient and accurate way to exchange risk exposures, Deri Protocol has positioned itself as a critical component of the DeFi ecosystem. This decentralized exchange of derivatives combines essential elements of both DeFi and traditional financial derivatives, creating a solid foundation for user engagement. The protocol operates as a collection of smart contracts on the Ethereum blockchain, ensuring that the entire process of risk exposure exchange is conducted in a decentralized fashion. Additionally, it enables users to create liquidity pools using any base token, although it generally prefers stablecoins like USDT or DAI, promoting flexibility and adaptability in trading. This ability to engage with multiple trading strategies while leveraging the unique advantages of DeFi technology solidifies Deri Protocol's role in the evolving landscape of financial markets. As such, it not only meets diverse user needs but also encourages broader participation in the DeFi ecosystem, making it a vital player in the future of finance.

Media

Media

Integrations Supported

Ethereum
Polygon
Arbitrum
Autofarm
BNB Smart Chain (BSC)
Bitcoin
D5 Exchange
FOX Wallet
MetaMask
Optimism
Telegram
Uniswap

Integrations Supported

Ethereum
Polygon
Arbitrum
Autofarm
BNB Smart Chain (BSC)
Bitcoin
D5 Exchange
FOX Wallet
MetaMask
Optimism
Telegram
Uniswap

API Availability

Has API

API Availability

Has API

Pricing Information

Free
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Gridex

Company Location

United States

Company Website

gridex.org

Company Facts

Organization Name

Deri

Date Founded

2020

Company Website

deri.finance/

Categories and Features

Categories and Features

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