NULS on Deri Protocol Open Zone

Decentralized spot exchanges (DEXs) like Uniswap have emerged to challenge centralized finance (CeFi) or centralized cryptocurrency exchanges such as Coinbase and Binance. Therefore it is reasonable to extrapolate that the burgeoning decentralized derivatives protocols will also challenge CeFi in the derivatives market.

But How?

Uniswap

At Uniswap, anyone can create a liquid marketplace, including token projects. Token projects can choose to be LPs to create a liquid marketplace for their token. This allows tokens to be bought and sold more easily and unlocks interoperability with other DeFi projects through Uniswap.

Deri Protocol

Now with Deri Protocol, everyone can launch his/her own pool, defining the base token and trading symbols, transaction fee ratio, etc. Token projects can choose to become LPs to create a pool, which allows their specified tokens to be base tokens or trading symbols and creates tokens’ new use cases through Deri Protocol’s Open Zone.

We are thrilled to have NULS here with us on this journey to make permissionless derivatives trading market accessible to projects, traders, and LPs.

NULS launched its own pool on BSC, defining NULS as base token to trade perpetual futures of BTCUSD, ETHUSD, NULS etc.

  • Passive NULS token holders who wish to invest their assets to accumulate transaction trading fees, the funding fee, etc., can stake NULS in the pool. Stake Now!

  • Professional NULS token holders can trade NULS-margined BTCUSD, ETHUSD, NULSUSD perpetual contracts to make profits. Trade Now!

How to Stake

  1. Select BSC Network
  2. Click Pools at the header
  3. Select “open zone”
  4. Select the NULS pool and click “Stake”

How to trade

1.Select BSC network
2. Click Futures at the header


3. Select Symbol

  • Click Open

  • Click to expand list of symbol

  • Click to select symbol


    4.Approve for each trading symbol the first time before you can trade it

  • Click “ Approve

  • Click “ Confirm

  • Enter wallet password, then click “ Confirm

  1. Deposit Margin

6.Trade

  • Click to select “ LONG/BUY ” or “ SHORT/SELL
  • Set contract volume
  • Click TRADE
  • Click OK
  • Enter wallet password, then click “ Confirm

7.Check and Manage Position

  • Click “ Position
  • Click “ Xclose ” to close the position
  • Click “ **image ** ” to manage Margin

About Deri Protocol

Deri Protocol = (Perpetual Futures + Everlasting Options) x Decentralized.

Deri is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. With Deri Protocol, trades are executed under AMM paradigm and positions are tokenized as NFTs, highly composable with other DeFi projects. Having provided an on-chain mechanism to exchange risk exposures precisely and capital-efficiently, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure.

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