DeriverseHow Deriverse tackles the key issues in the Solana trading ecosystem
This blog post is the first of a series on the core value proposition of Deriverse. Deriverse is a fully decentralized, permissionless & self-custodial trading platform on Solana, with perps, spot, options, futures & tokenized assets launchpad, optimized for minimizing transaction failures & fees, catering to professional trading firms & qualified retail. At Deriverse, we are a group of former algorithmic traders, developers & token economics designers. We have been thinking hard about the mo...
DeriverseOverview of Crypto Perpetual Swaps
Deriverse is a comprehensive derivatives DEX on Solana, offering perpetual swaps, options, futures, and spot trading all in one seamless platform. Designed to provide an unparalleled experience for professional crypto asset traders, Deriverse aims to bridge the gap between traditional and on-chain trading by delivering top-tier tools and features. Deriverse also serves as a permissionless launchpad for crypto assets. It stands out as the only platform that empowers users to create both spot a...
DeriverseDeriverse Open Testnet Season 2 is Live!
We are thrilled to announce that the Deriverse Testnet Season 2, a major milestone in building a fully decentralized, one-stop trading platform on the Solana blockchain, is live! To trade on the testnet, please click here or use the following link: alpha.deriverse.io To learn more about Deriverse and its unique value proposition, check out our blog post on How Deriverse tackles key issues in Solana trading or Why & how decentralization is one our key goals.What’s New in Testnet Season 2?Deriv...
A fully decentralized, permissionless & self-custodial trading platform on Solana, with perps, spot, options, futures and more.
DeriverseHow Deriverse tackles the key issues in the Solana trading ecosystem
This blog post is the first of a series on the core value proposition of Deriverse. Deriverse is a fully decentralized, permissionless & self-custodial trading platform on Solana, with perps, spot, options, futures & tokenized assets launchpad, optimized for minimizing transaction failures & fees, catering to professional trading firms & qualified retail. At Deriverse, we are a group of former algorithmic traders, developers & token economics designers. We have been thinking hard about the mo...
DeriverseOverview of Crypto Perpetual Swaps
Deriverse is a comprehensive derivatives DEX on Solana, offering perpetual swaps, options, futures, and spot trading all in one seamless platform. Designed to provide an unparalleled experience for professional crypto asset traders, Deriverse aims to bridge the gap between traditional and on-chain trading by delivering top-tier tools and features. Deriverse also serves as a permissionless launchpad for crypto assets. It stands out as the only platform that empowers users to create both spot a...
DeriverseDeriverse Open Testnet Season 2 is Live!
We are thrilled to announce that the Deriverse Testnet Season 2, a major milestone in building a fully decentralized, one-stop trading platform on the Solana blockchain, is live! To trade on the testnet, please click here or use the following link: alpha.deriverse.io To learn more about Deriverse and its unique value proposition, check out our blog post on How Deriverse tackles key issues in Solana trading or Why & how decentralization is one our key goals.What’s New in Testnet Season 2?Deriv...
A fully decentralized, permissionless & self-custodial trading platform on Solana, with perps, spot, options, futures and more.
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We are thrilled to announce the launch of Deriverse Testnet Season 1, a significant milestone in the development of the first comprehensive derivatives decentralized exchange (DEX) on Solana. As we continue to build and innovate, this testnet will be a key step toward delivering a superior trading experience with perpetual swaps, futures, options, and spot trading—all within a single platform.
By engaging with Deriverse in this early stage, our early community members can earn up to 1,830,000 Deriverse points, distributed initially as points and airdropped to users’ wallets at token generation event.
What is Deriverse Testnet Season 1?
Deriverse Testnet Season 1 is designed to be a backbone of our community-building strategy, providing early access to our options, futures, and spot trading functionalities. The primary goals of the testnet are Technology Validation, i.e. testing the core infrastructure behind the options and futures components of Deriverse, and Community Engagement, i.e. Acquire, educate, and retain a robust user base through gamified trading activities and incentives. The Incentivized Testnet will roll out in two phases:
Phase 1: Open Testnet – Explore the Platform & Give Us Feedback
In this initial phase, we invite the broader Solana community to participate and test basic functionalities of the protocol. This will not only allow us to stress-test the trading infrastructure but also give us the opportunity to collect valuable feedback from our users.
Incentivized Activities:
Connecting your wallet.
Open a futures position.
Open an options position.
Open a spot position.
Submit a feedback form or report bugs.
Users who engage in these activities will collectively split 500,000 points. We hope that by engaging with these activities, our users will familiarize themselves with the platform while playing an essential role in shaping our future.
The scope of the incentivized activities can be subject to change and will be confirmed closer to the release date.
Phase 2: Testnet Trading Competition – Win Big with Options & Futures
Following the initial open testnet phase, we will launch a Testnet Trading Competition aimed at building a strong community of traders and enthusiasts. This competition will focus on two key instruments: options and futures. To incentivize participation, Deriverse will reward top traders across 3 metrics:
Trading Volume: 300,000 points will be distributed among the top 10 users based on the total trading volume they generate (split among options and futures).
Number of Trades: 300,000 points will be awarded to the top 10 users with the highest number of trades (split among options and futures).
PnL (Profit and Loss): The top 3 traders in options and the top 3 traders in futures based on PnL will share 400,000 points (split among options and futures).
More information regarding the markets, strike prices and expiration dates will be provided closer to the testnet release date. The competition rules can be subject to change and will be confirmed closer to the testnet release date.
Referral Campaign – Invite & Earn More
But that’s not all—Deriverse is also running a Referral Campaign in the runup to the testnet! When you sign up for the testnet, you’ll receive a unique invite code to share with friends. The top 100 addresses based on the number of successful referrals will split 330,000 points, according to the framework below:
1st place: 50,000 points
2nd place: 30,000 points
3rd place: 20,000 points
4th to 10th place: 10,000 points
11th to 30th place: 3,000 points
31st to 50th place: 2,000 points
51st to 100th place: 1,000 points
Deriverse only needs real users and reserves the right to disqualify referral campaign participants in cases of fraud. If our software flags you as high risk, we might need to get in touch with you and ask to clarify who were the people you referred.
Why Join the Deriverse Testnet Season 1?
This testnet is more than just a chance to test our technology—it’s an opportunity to become part of the Deriverse community and shape the future of derivatives trading on Solana. By participating in both phases, you can:
Gain early access to advanced trading tools.
Earn rewards through trading and referrals.
Provide valuable feedback that helps improve our platform.
Stay tuned for more updates on the launch date and detailed instructions on how to join the testnet. Let’s build the future of decentralized finance together!
Join us, trade with us, and help Deriverse become the leading derivatives DEX on Solana!
We are thrilled to announce the launch of Deriverse Testnet Season 1, a significant milestone in the development of the first comprehensive derivatives decentralized exchange (DEX) on Solana. As we continue to build and innovate, this testnet will be a key step toward delivering a superior trading experience with perpetual swaps, futures, options, and spot trading—all within a single platform.
By engaging with Deriverse in this early stage, our early community members can earn up to 1,830,000 Deriverse points, distributed initially as points and airdropped to users’ wallets at token generation event.
What is Deriverse Testnet Season 1?
Deriverse Testnet Season 1 is designed to be a backbone of our community-building strategy, providing early access to our options, futures, and spot trading functionalities. The primary goals of the testnet are Technology Validation, i.e. testing the core infrastructure behind the options and futures components of Deriverse, and Community Engagement, i.e. Acquire, educate, and retain a robust user base through gamified trading activities and incentives. The Incentivized Testnet will roll out in two phases:
Phase 1: Open Testnet – Explore the Platform & Give Us Feedback
In this initial phase, we invite the broader Solana community to participate and test basic functionalities of the protocol. This will not only allow us to stress-test the trading infrastructure but also give us the opportunity to collect valuable feedback from our users.
Incentivized Activities:
Connecting your wallet.
Open a futures position.
Open an options position.
Open a spot position.
Submit a feedback form or report bugs.
Users who engage in these activities will collectively split 500,000 points. We hope that by engaging with these activities, our users will familiarize themselves with the platform while playing an essential role in shaping our future.
The scope of the incentivized activities can be subject to change and will be confirmed closer to the release date.
Phase 2: Testnet Trading Competition – Win Big with Options & Futures
Following the initial open testnet phase, we will launch a Testnet Trading Competition aimed at building a strong community of traders and enthusiasts. This competition will focus on two key instruments: options and futures. To incentivize participation, Deriverse will reward top traders across 3 metrics:
Trading Volume: 300,000 points will be distributed among the top 10 users based on the total trading volume they generate (split among options and futures).
Number of Trades: 300,000 points will be awarded to the top 10 users with the highest number of trades (split among options and futures).
PnL (Profit and Loss): The top 3 traders in options and the top 3 traders in futures based on PnL will share 400,000 points (split among options and futures).
More information regarding the markets, strike prices and expiration dates will be provided closer to the testnet release date. The competition rules can be subject to change and will be confirmed closer to the testnet release date.
Referral Campaign – Invite & Earn More
But that’s not all—Deriverse is also running a Referral Campaign in the runup to the testnet! When you sign up for the testnet, you’ll receive a unique invite code to share with friends. The top 100 addresses based on the number of successful referrals will split 330,000 points, according to the framework below:
1st place: 50,000 points
2nd place: 30,000 points
3rd place: 20,000 points
4th to 10th place: 10,000 points
11th to 30th place: 3,000 points
31st to 50th place: 2,000 points
51st to 100th place: 1,000 points
Deriverse only needs real users and reserves the right to disqualify referral campaign participants in cases of fraud. If our software flags you as high risk, we might need to get in touch with you and ask to clarify who were the people you referred.
Why Join the Deriverse Testnet Season 1?
This testnet is more than just a chance to test our technology—it’s an opportunity to become part of the Deriverse community and shape the future of derivatives trading on Solana. By participating in both phases, you can:
Gain early access to advanced trading tools.
Earn rewards through trading and referrals.
Provide valuable feedback that helps improve our platform.
Stay tuned for more updates on the launch date and detailed instructions on how to join the testnet. Let’s build the future of decentralized finance together!
Join us, trade with us, and help Deriverse become the leading derivatives DEX on Solana!
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