Airdrop farming on TokenHunters is fully incentivized!
Complete the airdrop guide and claim your rewards at the end.
About
Deriverse is a comprehensive derivatives DEX protocol built on top of Solana, offering perpetual swaps, options, futures & spot.
Derivatives DEXes are slow, expensive & overoptimized for crypto degens. Deriverse is the first comprehensive derivatives DEX on Solana focused on providing the best experience to institutional traders via: Unmatched speeds. >10x faster transaction speeds via Deriverse L2. Our own L2 allows us to customize transaction speeds. Lowest trading fees, 10x lower transaction fees via subscription-based fees. Predictable revenues allow us to charge less. Variety of derivatives. Deriverse is the first & only DEX on Solana offering a variety of derivatives: perpetual swaps, futures & options.
The first & only comprehensive derivatives DEX on Solana. Deriverse offers a range of novel features, including but not limited to: Membership-based fee model based on Trad-Fi exchanges. Novel on-chain escrow account enabling users to pre-pay trading volumes periodically & pay the lowest fees. Deriverse L2 with its own custom-built sequencer. Minimal latency, allowing traders to trade at the most recent prices, mitigating issues like Maximum Extractable Value & Loss vs. Rebalancing.
Deriverse has announced the release of their Incentivized Testnet & Trading competition! Let’s dive into our guide on how to position ourselves for the confirmed $DRVS airdrop rewards.
Step by Step Guide
1.
Testnet Phases
– The Deriverse Incentivized Testnet will unfold in two phases.
– Phase 1: Open Testnet – Dive into the basic functionalities, connect your wallet, open positions across futures, options, and spot markets. Open now!
– Phase 2: Testnet Trading Competition – Show your trading skills in options and futures. (ENDED)!
2.
Solana Devnet
– For this airdrop you need a Solana wallet such as Phantom.
– If you don’t have a solana wallet, download it here: https://phantom.app/
– Setup the wallet, safe the seed phrase and switch to Solana Devnet.
– You will find this option in the settings of the wallet.
– Guide: Devnet > https://docs.phantom.app/developer-powertools/testnet-mode
– Once on Devnet visit the SOL Faucet: https://faucet.solana.com
3.
The Testnet – Phase 1
– Visit: https://demo.deriverse.io/
– Click the ‘’Enter Deriverse’’ button.
– Connect with SOL wallet.
– In the bottom you will find your spot portfolio, here you need to deposit the test funds.
– Trading on deriverse can be difficult for new users, that’s why they created very easy to follow video tutorials to help you using the platform.
– 1. Spot Trade: Tutorial
– 2. Trade Futures: Tutorial
– 3. Trade Options: Tutorial
– After watching the easy tutorials, it’s time to place some orders & trades.
– Make sure to try-out all features, and make many transactions.
– Make sure you login everyday to get DRSV tokens.
– We also recommend to do some transactions
4.
The Testnet – Phase 2 | ENDED
– Now that you have been able to try-out the platform, it’s time for the testnet competition.
– Visit: https://competition.deriverse.io/
– Between November 1 & November 10th the competition will take place.
– Here you do exactly the same as in the phase 1 testnet, but this time it’s all about making as much gains as possible before the competition ends on November 10th.
5.
Feedback
– Your feedback is crucial!
– Please share your thoughts with us via this form: Feedback
END
Farmers Notice
Did you know? TokenHunters rewards you with GEMS for farming airdrops! We help you become eligible while stacking your gems for the Hunt-To-Earn program.
Marking as complete earns you GEMS, but don’t stop there! Keep following updates and repeating steps to secure airdrop rewards.
That’s all for now. We hope you find value in this guide.
Come back for updates, add the guide to your watchlist. Help us grow by sharing this information with your friends on X or Tokenhunters Social and let’s become eligible together! Make sure to follow us on twitter and hit that notification button!
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