The decentralized derivatives exchange Derivio has launched its mainnet on zkSync Era

ChainCatcher news, according to The Block, the decentralized derivatives exchange Derivio has launched its mainnet on zkSync Era. The platform offers traders a variety of DeFi derivatives products such as perpetual contracts, digital options, and spot trading, with fast transaction speeds and low costs. Its co-founder Michael Ho stated that Derivio plans to increase its daily trading volume to $1 billion within six months.

It is reported that Derivio is part of Binance Labs' sixth season incubation program, founded in 2022, and has not yet disclosed its valuation or funding plans.