DERPSLEVERAGE ANY TOKEN WITH DERPS
The first perps trading protocol designed for tokens without high volume and liquidity
WHAT ARE DERPS?
Derps are a new asset class designed to bring perps trading to tokens without exceptionally high volume and liquidity.
Instead of relying on traditional market-makers, each Derps contract pairs traders directly with an automated market maker that can never be liquidated.
When prices swing hard and open interest is lopsided, Derps use targeted financial incentives to keep markets open and solvent.
DERPS FEATURES
By unlocking leveraged trading on any token, Derps give more possibilities to everyone in the long-tail of crypto
LEVERAGE TRADING
Short tokens you don't believe in, and amplify your bets with leverage
HEDGING
Crypto funds become able to hedge their bets on all tokens
CREATOR BENEFITS
Memecoin creators can hold longs on their tokens rather than dumping team tokens for cash
CONTRIBUTOR REWARDS
Projects can reward contributors, advisors, or KOLs with longs without adding sell pressure
READY TO TRADE?
Derps turn every token into a fully featured, risk-managed trading venue.