Pool Creation

(Under Construction)

As Derion is an open-market protocol, anyone can create their own liquidity pool for any asset. From the main interface, change to the “Create” tab.

Each Derion pool has the following configs:

• Reserve Token: the settlement token of the pool.

• Price Oracle: the index price of the derivatives (currently, only Uniswap V3 is supported):

  • Pool Address: Uniswap V3 pool address.

  • Window: the number of seconds to consult the TWAP price. The longer the window, the more resistance to market price manipulation but with more price spread potential in volatile markets.

  • Quote Token Index (0 or 1): the index of the quote token of the Uniswap pool.

• Mark Price: the square rooted value of the Mark price; it should be as close to the market price as possible and is recommended to be shared with multiple pools of the same Price Oracle.

• Leverage: the compounding leverage of the 2 derivative tokens of the pool.

• Daily Funding Rate

• Maturity

• Premium Rate

• Opening Rate