Welcome to the third blog post in our series on the core value proposition of Deriverse, a fully decentralized, permissionless & self-custodial trading platform on Solana, with perps, spot, options, futures & tokenized assets launchpad, optimized for minimizing transaction failures & fees, catering to professional trading firms & qualified retail. In this post, we’ll dive deeper into one of the key components of our platform: combination of multiple instrument types, i.e. perpetual swaps, futures, options, spot and launchpad for tokenized assets.

Welcome to the second blog post in our series on the core value proposition of Deriverse, a fully decentralized, permissionless & self-custodial trading platform on Solana, with perps, spot, options, futures & tokenized assets launchpad, optimized for minimizing transaction failures & fees, catering to professional trading firms & qualified retail. In this post, we’ll dive deeper into one of the key components of our platform: the fully on-chain orderbook, and why it sets Deriverse apart in the world of decentralized trading.

We are thrilled to announce the planned launch of Deriverse Testnet Season 2, a major milestone in building a fully decentralized, one-stop trading platform on the Solana blockchain. To learn more about Deriverse and its unique value proposition, check out our blog post on How Deriverse tackles key issues in Solana trading or Why & how decentralization is one our key goals. Following the success of Season 1, this next phase promises exciting new features, community rewards, and opportunities to help shape the future of derivatives trading.

This blog post is the first of a series on the core value proposition of Deriverse.

Market structure innovations in onchain liquidity are only temporary fixes, and builders should drive more focus towards building new paradigms of financial infrastructure. In this article, we explain the thinking behind this view & propose our vision for the future of DeFi & onchain liquidity.

Deriverse is a comprehensive derivatives DEX on Solana, offering perpetual swaps, options, futures, and spot trading all in one seamless platform. Designed to provide an unparalleled experience for professional crypto asset traders, Deriverse aims to bridge the gap between traditional and on-chain trading by delivering top-tier tools and features. Deriverse also serves as a permissionless launchpad for crypto assets. It stands out as the only platform that empowers users to create both spot and derivatives markets – including futures and options, fostering innovation and expanding the scope of on-chain trading opportunities.

Deriverse is a comprehensive derivatives DEX on Solana, offering perpetual swaps, options, futures, and spot trading all in one seamless platform. Designed to provide an unparalleled experience for professional crypto asset traders, Deriverse aims to bridge the gap between traditional and on-chain trading by delivering top-tier tools and features. Deriverse also serves as a permissionless launchpad for crypto assets. It stands out as the only platform that empowers users to create both spot and derivatives markets – including futures and options, fostering innovation and expanding the scope of on-chain trading opportunities.

The Deriverse team is proud to announce the successful conclusion of our Incentivized Testnet, the first major step towards building the first comprehensive derivatives DEX on Solana. The Incentivized Testnet ran from 25th of October until 10th of November 2024. We’ve seen exceptionally strong engagement levels & recorded 1,322 traders as eligible for rewards. Our incentivized testnet achieved the following metrics:

This is a quick guide on how to use the Payoff function on the Deriverse testnet. This function is central to settling your derivative trades on Deriverse, particularly after the expiration of futures or options contracts.