Derivatives DEX platform Derivio launches mainnet on zkSync Period

• Derivio, a Binance Labs incubated decentralised derivatives trade, introduced its mainnet is stay on the zkSync Period.
• zkSync Period is an Ethereum Layer 2 scaling answer.
• Customers have an opportunity to commerce perpetuals and choices on greater than 20 markets.

Derivio, a decentralised derivatives trade constructed on the Ethereum Layer 2 scaling answer zkSync Period, has launched its mainnet, in line with an announcement.

The Binance Labs-incubated DEX platform seeks to carve a share of the DeFi market by bringing the advantages of on-chain derivatives buying and selling to customers. Its infrastructure leverages zkSync Period options akin to quick transactions, low fuel charges and account abstraction to permit for better adoption of derivatives.

“We’re excited to announce that Derivio’s mainnet beta is now stay at derivio.xyz! Customers can commerce perpetuals & choices with greater than 20 completely different markets, present liquidity and earn excessive natural risk-adjusted DeFi yield on @zksync Period,” the platform posted on X.

We’re excited to announce that Derivio’s mainnet beta is now stay at https://t.co/UN5Ms0FWKC!

Customers can commerce perpetuals & choices with greater than 20 completely different markets, present liquidity and earn excessive natural risk-adjusted DeFi yield on @zksync Period. pic.twitter.com/kVn9FR0ida

— Derivio ∎ (@derivio_xyz) November 3, 2023

Along with supporting perps and choices buying and selling on a number of markets, Derivio affords entry to actual yield for liquidity suppliers. 

Establishments and builders may faucet into the important thing options of decentralisation and modularity for his or her hybrid order e book protocols or derivatives vaults. 

As a part of the launch and to incentivise additional adoption, Derivio plans to introduce a number of mainnet occasions, together with buying and selling competitions and retroactive incentives.