Deri is a cryptocurrency protocol that allows users to securely and efficiently trade risk exposures in a decentralized manner. It offers a decentralized finance (DeFi) solution for trading derivatives, such as hedging, speculation, and arbitrage, all conducted on the blockchain. This is made possible through the utilization of liquidity pools, which act as counterparties for users. Additionally, Deri protocol tokenizes risk exposures as non-fungible tokens (NFTs), enabling them to be used in other DeFi projects for various financial purposes. By providing a reliable on-chain mechanism for exchanging and holding risks, Deri protocol has become a crucial component of the DeFi infrastructure.
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