Derived Finance

Derived Finance

Derived | Multi Chain Synthetics Trading Platform. Learn more

Market cap
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Enterprise valuation
€12—18m (Dealroom.co estimates Oct 2021.)
Finland (HQ)
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DateInvestorsAmountRound
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N/A

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$3.3m

Seed
Total Funding€3.0m

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Derived.fi operates in the decentralized finance (DeFi) sector, offering a unique platform for trading event contracts using conditional tokens. The platform allows users to trade on specific topics, major events, or trends by answering yes or no questions. Derived.fi serves a diverse range of clients, including individual traders and institutional investors who are interested in speculative trading based on future events. The company operates primarily in the blockchain and cryptocurrency markets, leveraging the Arbitrum One network for its operations.

The business model of Derived.fi is centered around transaction fees and the sale of conditional tokens. Users can buy or sell shares of 'Yes' or 'No' based on their predictions of market outcomes. The platform also offers leveraged minting, allowing users to create synthetic assets that track the value of real-world assets with up to 3x leverage. This feature provides flexibility for users to mint assets according to their individual risk tolerance.

Derived.fi makes money through transaction fees, minting fees, and potentially through the appreciation of its native tokens. The platform's unique selling proposition lies in its ability to offer leveraged minting and a decentralized market for event contracts, making it a pioneer in this niche market.

Keywords: Decentralized, Event Contracts, Conditional Tokens, Arbitrum One, Leveraged Minting, Synthetic Assets, Blockchain, Cryptocurrency, Speculative Trading, Transaction Fees.