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Deri Protocol has announced the launch of Gamma Swap, a new financial instrument that allows buyers to obtain Gamma exposure of an underlying asset, while sellers can earn funding fees for providing that exposure. Professional traders can use Gamma Swap to trade Gamma directly, while beginners can bet on the underlying price fluctuating significantly or remaining flat.
Gamma Swap also offers optimized capital efficiency for traders and a PnL curve that introduces a novel approach to speculation.
The product is currently live on Arbitrum.
Deri Protocol is a cross-chain decentralized derivatives trading protocol which is deployed on Ethereum, BNB Chain, Arbitrum, Polygon. The platform offers perpetual futures, perpetual options and Power Perpetual, which allows users to trade an index of asset prices and hedge against impermanent losses. The protocol also features the DPMM (Deri Proactive Market Making) mechanism, where user positions are tokenized into NFT and can be highly integrated with other DeFi projects
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