DerivaDEX Testnet Now Live on Sepolia
DerivaDEX Testnet Now Live on Sepolia
🧪 DerivaDEX Testnet Arrives
DerivaDEX has launched its testnet on Sepolia, offering users a chance to experience the platform's execution speed and UX before mainnet.
Key Features:
- Combines benefits of centralized and decentralized exchanges
- Custom off-chain network enables fast trade execution and reduced costs
- Deposits and withdrawals handled on Ethereum
- Governed by DAO with full transparency
Getting Started:
- Access at testnet.derivadex.io
- Obtain Sepolia ETH from faucets
- Fill out this form for testnet USDC
Testnet Goals:
- Review exchange parameters (leverage limits, collateral limits, slippage)
- Evaluate performance metrics (execution speed, uptime, correctness)
- Prepare for mainnet governance proposal
The testnet runs on the same infrastructure and code planned for mainnet, with only minor changes anticipated. Beta.derivadex.io on Goerli testnet will be deprecated.
Report bugs via Discord and prepare for mainnet by reviewing the exchange design and ensuring you have governance tokens ready to vote.
You can test the DerivaDEX platform now on testnet. A faucet will send you test tokens. This deployment demonstrates the same execution speed and UX users can expect from mainnet.
🚀 DerivaDEX Mainnet Launch
DerivaDEX has submitted **Proposal #13** for community voting, which would bring the platform's mainnet to its first users. **Key Details:** - Voting is currently underway at [governance.derivadex.com](http://governance.derivadex.com) - If passed, this marks the transition from testing to live trading - DDX token holders can participate in governance - Traders can join the waitlist at [register.derivadex.com/mainnet](http://register.derivadex.com/mainnet) The proposal represents the second phase of the platform's Guarded Launch, moving the crypto derivatives platform from its testing phase to production.
🎯 DerivaDEX Proposal #13: Vote Opens for Mainnet Launch
**DerivaDEX Proposal #13 is now live for community voting**, marking a potential milestone in the platform's evolution. **If approved, the proposal will enable:** - Mainnet access for qualified traders - Trading with real funds in real markets - 24/7 licensed perpetual swaps - Operations under a Class T license from the Bermuda Monetary Authority (BMA) The vote represents a **transition from testing phase to live trading environment**. Qualified traders would gain access to a regulated derivatives platform operating around the clock. [Vote on Proposal #13](https://derivadex.com)
🏛️ First DAO Exchange Gets Official License
**DerivaDEX becomes the first DAO-governed exchange licensed by Bermuda Monetary Authority** This milestone matters because: - All platform upgrades require **public proposals and tokenholder approval** - Validators can only run **governance-approved code** - Complete **process transparency** for all changes Key features include: - Sub-5ms latency matching centralized exchanges - MEV-resistant encrypted orders - 10-minute withdrawals - Noncustodial design The exchange launches with Bitcoin and Ethereum perpetuals, offering institutions a **regulated path to DeFi derivatives** while maintaining full decentralized governance. This represents a significant step toward **transparent, community-controlled** trading infrastructure in crypto.
DerivaDEX Becomes World's First Licensed DAO-Governed Derivatives Exchange
The Bermuda Monetary Authority has issued DerivaDEX a Digital Asset Business License, making it the **world's first licensed DAO-governed derivatives exchange**. Backed by major investors including Polychain, Dragonfly, and Electric Capital, DerivaDEX offers: - **Sub-5ms latency** matching centralized exchange performance - **MEV-resistant encrypted orders** for fair trading - **10-minute withdrawals** - faster than L2 bridges - **Noncustodial** - users maintain control of funds - **DAO governance** for assets, protocol decisions, and product listings This development creates a **regulated path for institutions** to access DeFi derivatives trading. The exchange launches with Bitcoin and Ethereum perpetual contracts. [Register for mainnet access](https://register.derivadex.com/mainnet)