DeriW, a decentralized perpetual trading platform incubated by CoinW, introduces zero-gas-fee trading, 80,000 TPS speed, and innovative liquidity solutions powered by Arbitrum Layer 3 technology. Its testnet features events like Supernova and Legends Leaderboard, offering rewards up to 6,600 DER points. Mainnet launch is scheduled for Q2 2025.
DeriW, a decentralized perpetual trading platform incubated by CoinW, recently unveiled a robust public testnet. It introduced key innovations aimed at transforming decentralized finance (DeFi) derivatives trading. Unlike typical preliminary launches, DeriW’s testnet presents a fully operational, high-performance environment. It emphasizes user experience, unprecedented transaction speeds, and stringent security features.
Zero Gas Fees & High-Speed Transactions
At the heart of DeriW’s offering is its revolutionary zero-gas-fee model. Traditional blockchain transactions incur gas fees. This often deterred users from frequent trading activities.
DeriW eliminates these costs entirely, providing a frictionless trading experience comparable to centralized exchanges. Every trade executes directly on-chain without gas fees. It enhances accessibility and encourages increased transaction volume.
Furthermore, DeriW’s infrastructure is built for exceptional speed, capable of handling around 80,000 transactions per second (TPS). This throughput significantly exceeds current decentralized exchanges (DEXs) and approaches the capabilities of major centralized platforms.
Even under extreme load, DeriW maintains stable operation and minimal latency. It solves major pain points related to cost and speed in DeFi.
Arbitrum Orbit Layer 3: Scalability & Security
DeriW’s speed and efficiency stem from its strategic utilization of Arbitrum Orbit Layer 3 (L3) technology, an extension of Ethereum’s secure Layer 2 infrastructure.
It achieves its high-performance benchmarks by employing Optimistic Rollups within a custom WASM/Geth-based architecture. This approach allows DeriW to maintain Ethereum’s robust security and decentralization without compromise.
Transactions benefit directly from Ethereum’s trusted consensus model. The platform remains fully Ethereum Virtual Machine (EVM) compatible. This ensures seamless developer and user adoption.
DeriW further enhances its security through the unique UBPK (Unstolen Browser Private Key) mechanism. It ensures private keys remain securely stored within user browsers.
This layered approach delivers instant confirmations and complex smart contract capabilities securely on-chain, setting a new bar in decentralized trading performance.
Advanced Trading Features & High Leverage
DeriW further distinguishes itself by providing traders with leverage options of up to 100x. It is significantly higher than standard DeFi platforms typically offering between 30x and 50x leverage.
This advanced leverage empowers users to implement sophisticated trading strategies. It is combined with comprehensive order types.
Among them are market, limit, stop-loss, and take-profit orders, which can be executed directly from self-custodied wallets.
Pendulum AMM: Innovative Liquidity Provision
The platform’s liquidity model, known as the Pendulum Automated Market Maker (AMM), dynamically adjusts liquidity pools in real-time based on market conditions and user positions.
Unlike static liquidity pools or traditional AMMs, Pendulum AMM maximizes capital efficiency. It reduces slippage dramatically and offers stable, precise price execution even during volatile market movements.
For liquidity providers, this approach offers optimized returns. It potentially reaches yields of up to 80%, due to the enhanced asset utilization inherent in the Pendulum model.
By intelligently balancing liquidity depth and capital efficiency, DeriW merges the strengths of order-book exchanges and traditional AMMs. It sets a new benchmark for liquidity management in DeFi.
Comprehensive Security Measures
Security remains integral to DeriW’s operational framework. Built atop Arbitrum Orbit’s Layer 3, it inherits Ethereum’s established security and immutability.
DeriW emphasizes user self-custody. This means traders retain control over their assets throughout the entire trading lifecycle. It effectively removes the risks associated with centralized custody solutions.
In addition, DeriW operates a robust bug bounty program. It rewards security researchers and community members with up to 100,000 $DER tokens for uncovering vulnerabilities.
Smart contracts are managed through multi-signature wallets featuring time lock mechanisms. Its entire codebase undergoes rigorous audits by reputable security firms.
The platform’s transparent and verifiable on-chain transactions further bolster user trust. It ensures DeriW’s commitment to secure decentralized trading.
Engaging the Community: Supernova & Legends Leaderboard
To actively engage users in its ecosystem, DeriW recently launched two compelling community initiatives. These include the Supernova event and the Legends Leaderboard competition, both designed to rigorously stress-test its platform.
The Supernova event is a structured incentive program designed to encourage active testnet participation and high-volume trading. Users complete specific trading tasks to earn DeriW points (DER Points), with potential rewards reaching up to 6,600 DER points.
These points will later convert into actual DER tokens upon the mainnet launch. It effectively rewards early testers and ensures substantial platform testing through community engagement.
Complementing the Supernova event, the Legends Leaderboard competition adds a competitive dimension to the testnet experience. Running from March 24 to May 13, 2025, this 50-day trading contest rewards the top 20 daily and weekly traders based on their profitability, with a total of over 100k points up for grabs.
Each day, the top 20 traders share 1,000 DER points, while weekly top performers share an additional 7,500 DER points. Like the Supernova points, these rewards will translate proportionally into DER token airdrops post-mainnet launch.
The Legends Leaderboard fosters continuous user engagement and competition. It simultaneously provides the DeriW team with valuable data on system performance. This matches efficiency and risk management under realistic trading conditions.
Both initiatives encourage users to rigorously test the platform. It effectively aligns user incentives with DeriW’s goals of platform refinement and robust system performance.
Conclusion: Towards Mainnet and Beyond
DeriW’s public testnet rollout positions it prominently within the DeFi derivatives sector.
It combines zero-gas-fee trading with exceptional performance and innovative liquidity solutions. DeriW also incorporates robust security measures, setting new benchmarks for decentralized exchanges.
Industry observers highlight DeriW’s potential to attract a significant user base previously deterred by traditional DEX constraints.
The testnet phase is essential for DeriW to transition smoothly to mainnet, scheduled for Q2 2025. It coincides with the launch of the $DER governance token.
Participants in the testnet—particularly those involved in Supernova and Legends Leaderboard events—will benefit significantly from early familiarity with the platform and accumulated token rewards.
As DeriW advances towards full operational status, ongoing refinements driven by community input and active participation ensure the platform remains responsive to user needs.
DeriW’s testnet initiative clearly outlines a vision for the future of decentralized derivatives trading. It combines the accessibility and speed of centralized platforms with the transparency, security, and community empowerment characteristic of decentralized finance.
Interested participants and community members can explore the DeriW testnet and join ongoing events via the platform’s official channels.
About CoinW
Founded in 2017, CoinW is a globally trusted cryptocurrency exchange serving over 13 million users in 120 regions and countries. With cutting-edge technology, advanced security, and a focus on empowering blockchain innovation, CoinW supports communities worldwide in realizing the transformative power of digital assets.
Website: https://www.coinw.com/
X Official： https://x.com/CoinWOfficial
Telegram: https://t.me/coinwoff
Instagram Official: https://www.instagram.com/coinwofficial
YouTube Official: https://www.youtube.com/@CoinWOfficial
Linkedin: https://www.linkedin.com/company/coinwofficial/
About DeriW
DeriW is the first zero-gas-fee decentralized perpetual contract exchange, blending Ethereum’s security with Layer 3 scalability to deliver CEX-like efficiency in a decentralized framework. Operated by CoinW’s seasoned fintech team, it redefines trading with 80,000 TPS throughput, ensuring speed, transparency, and trustless execution.
Website: www.deriw.com
Twitter: https://x.com/DeriwFi
Telegram: https://t.me/deriwfinance
Discord: https://discord.com/invite/deriwfinance
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No The Money Circles journalist was involved in the writing and production of this article.