Position Mining

In Derify protocol, all long positions provide liquidity for short positions, and vice versa.

Therefore, holding position is providing liquidity.

Derify protocol will reward all positions held, regardless of their directions - this rule is called "position mining".

All position holders will receive risk-free profits as rewards for holding positions. Snapshots are taken in each block to calculate the rewards.

Currently, 30% of all trading fees received by the exchange will be distributed in stable coins (like USDT) to all position holders.

Learn more about Position Mining here.

Open positions to start Position Mining here.