Derivatives DEX Platform Derivio Launches Mainnet on zkSync Era

8:56 pm
November 3, 2023

Derivio, a decentralized derivatives exchange built on the Ethereum Layer 2 scaling solution zkSync Era, has officially launched its mainnet. The platform, which is backed by Binance Labs, aims to bring the benefits of on-chain derivatives trading to users by leveraging zkSync Era’s features, including fast transactions, low gas fees, and account abstraction.

With the launch of its mainnet, Derivio users now have the opportunity to trade perpetuals and options on more than 20 markets. In addition, the platform offers real yield for liquidity providers and allows institutions and builders to tap into the benefits of decentralization and modularity for their hybrid order book protocols or derivatives vaults.

To encourage further adoption, Derivio has planned several mainnet events, including trading competitions and retroactive incentives.

Summary

Derivio, a decentralized derivatives exchange incubated by Binance Labs, has launched its mainnet on the zkSync Era. The platform aims to bring the benefits of on-chain derivatives trading to users by utilizing zkSync Era’s features. Users can now trade perpetuals and options on more than 20 markets and access real yield as liquidity providers. Derivio also offers institutions and builders the ability to leverage decentralization and modularity for their order book protocols or derivatives vaults.

FAQs

What is Derivio?

Derivio is a decentralized derivatives exchange built on the Ethereum Layer 2 scaling solution zkSync Era. It aims to bring the benefits of on-chain derivatives trading to users.

What is zkSync Era?

zkSync Era is an Ethereum Layer 2 scaling solution that provides fast transactions, low gas fees, and account abstraction.

What can users do on Derivio’s mainnet?

Users on Derivio’s mainnet can trade perpetuals and options on more than 20 markets and access real yield as liquidity providers.

What incentives does Derivio offer for adoption?

Derivio plans to introduce several mainnet events, including trading competitions and retroactive incentives, to incentivize further adoption of the platform.

Sources

https://coinjournal.net/derivatives-dex-platform-derivio-launches-mainnet-on-zksync-era/


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