> For the complete documentation index, see [llms.txt](https://docs.deri.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.deri.io/library/whitepaper.md).

# Whitepaper

## Latest **Whitepaper**

### Deri Protocol Whitepaper V4

{% embed url="<https://github.com/deri-protocol/whitepaper/blob/master/deri_v4_whitepaper.pdf>" %}

## **Archive**

### **Deri Protocol Whitepaper v0.0.9 (General)**

{% embed url="<https://github.com/deri-finance/whitepaper/blob/master/deri_whitepaper.pdf>" %}

### **Deri Protocol v2 Whitepaper v0.1.0 (Futures Upgrade)**

{% embed url="<https://github.com/deri-finance/whitepaper/blob/master/deri_v2_whitepaper.pdf>" %}

### **Deri Protocol - Everlasting Options Whitepaper**&#x20;

{% embed url="<https://github.com/deri-finance/whitepaper/blob/master/deri_everlasting_options_whitepaper.pdf>" %}

### Deri Protocol Whitepaper v3

{% embed url="<https://github.com/deri-finance/whitepaper/blob/master/deri_v3_whitepaper.pdf>" %}