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DerivaDAO price performance in USD
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About DerivaDAO(DDX)
DerivaDAO is a groundbreaking project in the realm of decentralized finance (DeFi). It leverages the power of blockchain">blockchain technology to create a platform where users can trade and invest in various digital assets, particularly focusing on derivatives. One of the key features of DerivaDAO is its decentralized governance structure. Unlike traditional financial institutions, which are often centralized and controlled by a small group of individuals, DerivaDAO operates on a decentralized autonomous organization (DAO) model. This means that decisions regarding the platform's operations and future development are made collectively by its community of token holders. This democratic approach ensures transparency, fairness, and inclusivity in the decision-making process. Another significant aspect of DerivaDAO is its emphasis on derivatives. Derivatives are financial instruments whose value is derived from an underlying asset, such as stocks, commodities, or cryptocurrencies. DerivaDAO allows users to trade and invest in a wide range of derivative products, including futures, options, and swaps. This opens up new opportunities for users to hedge risks, speculate on price movements, and diversify their investment portfolios. By utilizing blockchain technology, DerivaDAO offers several advantages over traditional derivative markets. Firstly, it provides users with a high level of security and immutability through its decentralized architecture. Transactions conducted on the platform are recorded on the blockchain, ensuring transparency and reducing the risk of fraud or manipulation. Additionally, DerivaDAO enables peer-to-peer trading without the need for intermediaries. This eliminates the need for traditional financial institutions, reducing costs and increasing efficiency. Users can directly interact with each other, executing trades and settling transactions in a trustless manner. Furthermore, DerivaDAO promotes liquidity and price discovery through its decentralized exchange. Users can engage in trading activities 24/7, globally, without relying on centralized exchanges' operating hours or restrictions. The platform also facilitates more robus t price discovery by aggregating liquidity from various sources and allowing users to interact with multiple liquidity pools. In summary, DerivaDAO represents an innovative platform that harnesses the potential of blockchain technology and decentralized governance to provide the cryptocurrency community with a reliable, transparent, and efficient environment for trading and investing in derivatives. Its decentralized structure, focus on derivatives, and advantages over traditional markets make it a significant player in the evolving world of decentralized finance.
DDX to local currency
Crypto calculator- 1 DDX to USD$0.05
- 1 DDX to JPY0.053429253
- 1 DDX to VND0.053429253
- 1 DDX to RUB0.053429253
- 1 DDX to EUR (Español)0.053429253
- 1 DDX to TRY0.053429253
- 1 DDX to EUR (Italiano)0.053429253
- 1 DDX to EUR (Français)0.053429253
- 1 DDX to EUR (Deutsch)0.053429253
- 1 DDX to CNY0.053429253
- 1 DDX to TWD0.053429253
- 1 DDX to EUR (Português)0.053429253
- 1 DDX to IDR0.053429253
- 1 DDX to THB0.053429253
- 1 DDX to PLN0.053429253
- 1 DDX to UAH0.053429253
- 1 DDX to UZS0.053429253
- 1 DDX to SAR0.053429253
- 1 DDX to PHP0.053429253
Trade DDX perpetual futures
After having successfully signed up on Bitget and purchased USDT or DDX tokens, you can start trading derivatives, including DDX futures and margin trading to increase your income.
The current price of DDX is $0.05343, with a 24h price change of -8.31%. Traders can profit by either going long or short onDDX futures.
Join DDX copy trading by following elite traders.
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DerivaDAO Social Data
In the last 24 hours, the social media sentiment score for DerivaDAO was 3, and the social media sentiment towards DerivaDAO price trend was Bullish. The overall DerivaDAO social media score was 0, which ranks 1158 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with DerivaDAO being mentioned with a frequency ratio of 0%, ranking 919 among all cryptocurrencies.
In the last 24 hours, there were a total of 25 unique users discussing DerivaDAO, with a total of DerivaDAO mentions of 3. However, compared to the previous 24-hour period, the number of unique users increase by 9%, and the total number of mentions has decrease by 67%.
On Twitter, there were a total of 0 tweets mentioning DerivaDAO in the last 24 hours. Among them, 0% are bullish on DerivaDAO, 0% are bearish on DerivaDAO, and 100% are neutral on DerivaDAO.
On Reddit, there were 0 posts mentioning DerivaDAO in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% . Additionally, there were 0 comments mentioning DerivaDAO. Compared to the previous 24-hour period, the number of mentions decrease by 0%.
Visão geral das redes sociais
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