Deriverse is the next generation of decentralized exchanges (DEXs) on Solana. It will offer perpetual swaps, options, and futures—all in one place—providing traders with the lowest latency and fees. Deriverse is designed to meet the needs of institutional traders and high-frequency trading firms seeking a more efficient and versatile trading environment.
The Problem:
Existing derivatives DEXes are slow, expensive, and overly focused on speculative trading of meme coins and prediction markets. Over the past year, the Deriverse team has been engaging with algorithmic trading firms operating on DEXes, and their feedback is clear: Solana-based derivatives platforms are costly, relatively slow, and lack the professional-grade derivatives they’re accustomed to in traditional finance (TradFi).
These firms aren’t interested in trading dog coins or betting on election outcomes. They require low fees, minimal latency, and a broader selection of derivatives like futures and options. They aim to expand their operations across multiple DEXes and need more than just perpetual swaps to supercharge their trading strategies.
The Deriverse Solution:
Deriverse addresses these challenges by offering:
Comprehensive Derivatives Trading: Deriverse is so far the only decentralized platform aiming to offer perpetual swaps, options, and futures wihtin one platform, giving institutional traders the instrument variety they are asking for.
Innovative Fee Model: Inspired by TradFi exchanges, the Deriverse membership-based fee structure utilizes a novel on-chain escrow account. This allows users to pre-pay for trading volumes periodically, which means Deriverse can have recurring revenues. This translates into lower customer acquisition and retention costs, ensuring the lowest possible fees.
Deriverse L2 with Custom-Built Sequencer: By implementing our own Layer 2 solution with a custom sequencer, we achieve minimal latency. This enables traders to execute orders at the most recent prices, mitigating issues like Maximum Extractable Value (MEV) and loss versus rebalancing.
Deriverse Mission: On-Chain Price Discovery
Deriverse aims to bring the price discovery of on-chain assets back to where it belongs—onchain. The core promise of crypto and DeFi is to offer a permissionless, trustless alternative financial system, independent of any government or corporation. However, with only about 10% of trading volumes occurring on DEXes, price discovery largely happens on centralized exchanges, undermining this promise. We’re committed to changing that narrative.
Deriverse Vision: Unmatched Speed and Performance
Speed is the lifeblood of high-frequency trading. While Solana’s architecture already offers high throughput and low-latency transactions, Deriverse goes a step further. By leveraging the shared sequencer mechanism of Solana Layer 2 solutions, we plan to offer speeds up to 40 times faster than existing Solana-based platforms. This significant increase allows traders to execute orders almost instantaneously—a crucial advantage in the fast-paced crypto market. This is a crucia; step toward ensuring that price discovery of crypto assets happens on-chain, not on centralized exchanges.
Join Us
If you’re ready to improve your trading experience, Deriverse offers a dynamic and robust platform on one of the most promising blockchains. Whether you’re a seasoned trader or just starting out, we invite you to become an early member of our growing community.
Sign up for our testnet waitlist today at www.deriverse.io
See You in the Orderbook!