Deriverse offers a decentralized trading platform on Solana for perpetuals, options, futures, and spot markets. It enables users to manage multiple instruments within a single transaction, reducing costs and improving efficiency for traders.
Funding
Funding not disclosed
Founders
Product
Problem
Decentralized exchanges (DEXs) on Solana often suffer from market shutdowns, frozen funds, transaction failures, limited instrument offerings, and high trading fees, undermining user confidence and operational efficiency. This environment hinders traders from managing assets throughout their complete financial lifecycle.
Solution
Deriverse provides a fully decentralized, permissionless, and self-custodial trading platform built on Solana. It integrates perpetuals, options, futures, and spot trading, alongside a launchpad for new tokenized assets, creating a unified ecosystem. The platform is engineered for efficiency, utilizing optimized transaction processing that consumes significantly fewer compute units, thereby reducing costs and increasing transaction inclusion rates. This approach allows traders to manage multiple instruments within a single index and transaction, streamlining complex trading strategies. Deriverse aims to provide a robust and resilient trading environment, eliminating single points of failure and offering a comprehensive solution for asset lifecycle management.
Target Audience
The platform targets professional trading firms and qualified retail traders seeking an efficient, secure, and comprehensive decentralized trading solution on the Solana blockchain.
Features
- Fully on-chain Central Limit Order Book (CLOB) for perpetual swaps, options, and futures, eliminating reliance on off-chain keepers or liquidator bots.
- Integrated launchpad for tokenized assets, offering a streamlined, low-cost entry point with no administrative role from the founding team.
- Spot trading capabilities utilizing a hybrid model of Automated Market Maker (AMM) and traditional orderbooks for efficient asset exchange.
- Versioned transaction processing, enabling traders to manage multiple instruments under a single index with a single transaction.
- Optimized compute unit consumption, reducing transaction costs by up to 90% for listing new assets and minimizing transaction failure rates.
- Subscription model for takers, offering reduced trading fees (up to 10x) through upfront payment, enhancing profitability for high-volume traders.
- On-chain liquidation engine and funding payment calculations for perpetual markets, ensuring capital adequacy and protocol security.