DerivaDEX: A community-governed, secure decentralized derivatives exchange with user-controlled operations.
Location
Palo Alto, CA, US
Founded
2020
DerivaDEX is a community-governed decentralized derivatives exchange that combines performance and autonomy with security. The platform focuses on cryptocurrency derivatives trading, offering a unique blend of centralized exchange liquidity and decentralized user control. DerivaDEX utilizes a liquidity-mining token model and leverages trusted hardware for enhanced security.
The exchange's native token, DDX, enables users to participate in governance and operations. DerivaDEX aims to provide a next-generation trading experience by offering strong liquidity and products typically associated with centralized exchanges while maintaining the user control and security benefits of decentralized platforms. This approach positions DerivaDEX as an innovative solution in the cryptocurrency derivatives market.
Derivadex - Classification
Also Known As
Derivadex, LLC
NAICS
520000Finance and Insurance
522000Credit Intermediation and Related Activities
522300Activities Related to Credit Intermediation
522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
6000Depository Institutions
6090Functions Related To Depository Banking
6099Functions Related To Depository Banking, Not Elsewhere Classified
Show 3 more industry codes
SIC
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities