Derivio, a decentralised derivatives exchange built on the Ethereum Layer 2 scaling solution zkSync Era, has announced the launch of its mainnet. The platform, which is incubated by Binance Labs, aims to bring the benefits of on-chain derivatives trading to users.
The zkSync Era features fast transactions, low gas fees, and account abstraction, which are crucial for the adoption of derivatives trading. With the mainnet going live, users now have the opportunity to trade perpetuals and options on more than 20 different markets.
In addition to trading options and perpetuals, Derivio also offers liquidity providers access to real yield. Institutions and builders can take advantage of the platform’s decentralisation and modularity to build their own hybrid order book protocols or derivatives vaults.
To encourage further adoption, Derivio plans to introduce several mainnet events, including trading competitions and retroactive incentives. These initiatives will incentivise users to participate in the platform and gain exposure to the benefits of decentralised derivatives trading.
By launching on zkSync Era, Derivio aims to address the scalability issues that have plagued the Ethereum network. As Layer 2 solutions gain traction, they provide a more efficient and cost-effective way to trade derivatives.
The launch of Derivio’s mainnet is an important milestone for the platform and the broader decentralised finance (DeFi) market. As more users embrace derivatives trading on zkSync Era, the demand for scalable and efficient solutions will continue to grow.
Overall, Derivio’s mainnet launch on zkSync Era is a significant development in the evolution of decentralised derivatives trading. With its focus on fast transactions, low fees, and account abstraction, the platform aims to attract users who are looking for a more efficient and cost-effective way to engage in derivatives trading. As the DeFi market continues to expand, platforms like Derivio are likely to play a key role in shaping the future of finance.