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What is xExchange?

xExchange boasts a comprehensive suite of robust features, driven by advancements in the MultiversX protocol and its Smart Contract capabilities. Acting as a gateway for the upcoming billion participants in the digital economy, it can be considered an enhanced iteration of Maiar DEX, commonly referred to as Maiar DEX 2.0, which utilizes the same innovative and scalable financial technology. Created by the original developers of the blockchain protocol, it employs state sharding technology that guarantees all DeFi transactions on xExchange are processed quickly and dependably, irrespective of user demand. Furthermore, xExchange is at the forefront of introducing the Energy concept in DeFi, which enriches the function of its governance token through a sophisticated “time lock” feature. This forward-thinking platform is poised to transform user engagement in the digital finance sector, providing an improved experience for both seasoned and new users alike. As it evolves, xExchange aims to foster greater accessibility and efficiency in the decentralized finance space.

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

Autofarm
BNB Smart Chain (BSC)
Ethereum
FOX Wallet
Ledger
MetaMask
MultiversX
MultiversX Wallet
Polygon
Telegram
xPortal

Integrations Supported

Autofarm
BNB Smart Chain (BSC)
Ethereum
FOX Wallet
Ledger
MetaMask
MultiversX
MultiversX Wallet
Polygon
Telegram
xPortal

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
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

MultiversX

Company Location

Malta

Company Website

xexchange.com

Company Facts

Organization Name

Deri

Date Founded

2020

Company Website

deri.finance/

Categories and Features

Categories and Features

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