DerivaDAO

What is DerivaDAO (DDX) and how Does It Work?

DerivaDAO (DDX) functions as a decentralized marketplace for derivative contracts, exploiting the capabilities of the Ethereum network. The layout of DerivaDEX, the exchange that supports DerivaDAO, is arranged for non-custodial functionality, which easily keeps funds within the Ethereum network for you. It employs an order confirmation system utilizing a sequencer, with checkpoints providing snapshots of the exchange's state. Concerning operational features, the network employs the RAFT algorithm to facilitate order execution. DerivaDEX incorporates Byzantine Fault Tolerant consensus into its workings, under the watch of DerivaDAO. The platform uses Trusted Execution Environments (TEEs) for performance consistency and integrity preservation. One noteworthy feature on DerivaDEX pertains to ordinary fees and real-time price feeds for trading derivatives. The regulatory structure requires operators to register implementations and make suggestions for enhancements. Finally, DerivaDEX structures its system for prompt trade execution and finality, with an aim for reduced Ethereum fuel expenses.

The Vision and Mission Behind DerivaDAO (DDX)

Deriva DAO, founded by Aditya Palepu and supported by Polychain Capital and Coinbase Ventures, offers a convenient and easily navigable user interface through its exchange. Its token, DerivaDAO (DDX), not only suggests a fixed quantity of 100 million units, but also indicates half of them are allocated to liquidity mining protocols. Traders can find the DDX token on a variety of exchanges. DerivaDAO aims to combine practicality and autonomy, captivating users by enabling them to execute strategies typically reserved for centralized exchanges within its system. To foster understanding and engagement, the platform includes noteworthy articles and a program for writers intrigued in contributing.

How to Buy and Store DerivaDAO (DDX)?

To purchase DerivaDAO (DDX), Flooz.xyz offers a streamlined process. Traders can purchase the DDX token via Flooz.xyz, a one-stop solution that provides a smooth checkout experience without the need to own a wallet. All payment methods are supported, making it easy and convenient to get your hands on DDX. But that's not all. Flooz.xyz also offers the Flooz web wallet, a self-custodial wallet that allows you to seamlessly store, send, and receive DDX tokens. Creating a self-custodial wallet on Flooz is a breeze, requiring just your email, Google, or Apple ID. This not only ensures a seamless and optimized trading experience but also grants you full control and access over your funds at all times, thanks to the power of cryptography. Additionally, Flooz.xyz aggregates more than 50+ providers to ensure you have the fastest and cheapest payment routes for your DDX trades. With over 85,000 active traders already captivated by is the perfect platform to buy DerivaDAO (DDX). DerivaDAO (DDX)

Metrics:

• Current price: $0.0513

• Market cap: $2.73 M

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $0