Derived (DVDX)

Derived (DVDX) is an innovative cryptocurrency project that has launched the Derived Event Contracts Market on Arbitrum. This market allows traders to trade on specific topics, major events, or trends. Traders can select a market that presents a yes-or-no question and choose to buy shares of ‘Yes’ or ‘No’ based on their predictions of the market outcome. After the market expires, winning shares can be redeemed for $1 each. Derived is set to introduce Conditional Tokens/Event Contracts/Binary Options on Arbitrum One, creating a new asset class for traders to make decisions based on their answers to yes-or-no questions.

The Derived platform offers various features, including trading, lending, derivatives, staking, and governance. The project has attracted investment from renowned firms such as AU21 Capital, GSR, Genblock Capital, AW3 Labs, Signal VC, UniLend, and Certik. Derived is actively seeking talented individuals to join their team, with positions available for smart contract developers, front-end react developers, community growth managers, and graphic designers.

It is important to note that all information provided by Derived is for informational purposes only and is intended for institutional and sophisticated individual investors. The platform is not available to individuals from the United States. Any future features or services Derived provides will be subject to the terms of legal agreements.