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On this page
  • The xDapp Architecture.
  • DPMM Architecture
  • How DPMM works
  • Is trading on Deri Protocol risk-free?

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  1. How it works

Architecture

Overview

PreviousDERI Liquidity MiningNextDPMM (Proactive Market Making)

Last updated 1 year ago

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The xDapp Architecture.

Deri Protocol's innovative architecture consists of two main components: a requesting interface and an executive engine, implemented as two groups of smart contracts.

The requesting interface,also known as the “i-chain” (with “i” signifying interface), serves as the pivotal entry point for user interactions. It adeptly handles a wide range of user requests, from traders initiating orders and managing margins to liquidity providers engaging in adding or removing liquidity.

These requests are seamlessly relayed to the executive engine. Deployed on a dedicated blockchain, this is our “d-chain”, where “d” represents “Deri”. Here, all the requests are processed.

There is only one d-Chain, which is an AppChain deployed by the Deri Protocol team using layer 3 technology. Whereas, i-Chain are all the major public layer 1s and layer 2s such as Ethereum, Arbitrum, BNBChain, zkEVM,and zkSync Era. While theoretically any layer 1 or layer 2 can be adopted as an i-Chain, in practice, the community will choose which ones to deploy.

DPMM Architecture

The chart below illustrates the architecture of the DPMM of Deri Protocol.

How DPMM works

The "How DPMM works" section is intended to give users a rough overview of the various mechanisms implemented on Deri Protocol, resulting in giving a transparent and clearer picture on how exactly Deri Protocol's engine and backend is beating.

Interest aroused? For even deeper insights feel free to study our: Whitepaper

Is trading on Deri Protocol risk-free?

Trading Margins & Contracts on Deri Protocol includes but is not limited to - a high level of risk, and may not be suitable for all kinds of investors. The enormous degree of leverage can work in favor of you as well as against you. Before making the decision to invest using Deri Protocol, you should carefully consider your level of experience, investment objectives and risk appetite. There is a possibility that you may lose part of your investment or all of your initial investment. You should be aware of all the risks associated with trading contracts and margin. Deri Protocol will not be responsible for any losses, damages or claims arising from events falling within the scope of the events mentioned above. We urgently advise you not to invest money that you cannot afford to lose and we also recommend you to seek advice from an independent financial adviser, If you have any questions or doubts!

DPMM (Proactive Market Making)
External Custody
Funding Fee
Leverage
Margin Requirement
Liquidation
Mining (AMM Liquidity Mining)