Derify protocol is a decentralized derivative trading protocol. Traders can trade with 10x leverage on exchanges based on this protocol. Derify protocol enables anyone to create any derivatives freely. It supports all types of derivatives. Based on the very nature of derivatives and margin trading, Derify protocol introduced two innovative mechanism: hAMM (Hedged Automated Market Making) and position mining.
DRF is the native utility token that is used for: Voting and Governance participation; Staking for eDRF, which makes eligible to be a broker; Earn trading fees by way of token buyback etc.
