Dederi, a decentralized derivatives protocol, has officially launched its v1.0 version on Arbitrum One, a move that bolsters its commitment to creating a robust infrastructure for derivatives trading. The platform has extended an invitation to professional traders to participate in its trial operation, which supports futures and options trading for BTC/ETH with USDC as collateral. This development marks a significant milestone in Dederi's journey, which began in September 2023 when former Babel Finance CEO Del Wang founded the company.

The Dederi protocol boasts impressive features, including combination margin trading for eight derivative positions in a single strategy. Additionally, it supports complex functions like merging and splitting positions of different strategies, making it a versatile tool for traders. The ownership of a single strategy is facilitated through the creation, transfer, and destruction of NFTs, laying the groundwork for the circulation of single or combined derivative positions. This innovative approach has the potential to reshape the derivatives trading landscape.

In addition to its protocol, Dederi has launched two application products: Dederi RFQ, a quotation tool for over-the-counter crypto derivatives trading, and Dederi Builder, a tool for building combined positions. These products demonstrate Dederi's dedication to providing a comprehensive trading experience for its users. The company's progress is impressive, with the publication of its white paper and the launch of its Testnet in March 2024. Dederi has received $8 million in seed funding from multiple investors, a testament to its potential.

Dederi's launch on Arbitrum One is a strategic move, considering the latter's reputation for scalability and cost-efficiency. This collaboration is expected to enhance the trading experience for users, providing them with a seamless and efficient platform. As Dederi looks to the future, it plans to announce its token model in the third quarter of 2024 and launch the Dederi v2.0 protocol and additional application products in the fourth quarter. These developments are eagerly anticipated, as they are expected to further solidify Dederi's position in the derivatives trading space.

The launch of Dederi v1.0 on Arbitrum One marks a significant step forward in the evolution of derivatives trading. With its robust infrastructure and innovative features, Dederi is poised to make a lasting impact on the industry. As the company continues to grow and develop, it is likely to attract a wider user base, further solidifying its position as a leader in decentralized derivatives trading.