DerivaDEX

DDX is the native token that is used for governance on the DerivaDEX exchange, fee reduction on the exchange, and for other programs. DDX is earned by users who stake in the insurance mining program. Users will earn a share of DDX proportional to their stake, distributed each block. About 5% of liquidity-mined DDX will be distributed as part of the insurance mining program. DDX is not a fundraising device nor an investment opportunity.

Centralized exchanges offer strong liquidity and products, but at the expense of user control.Decentralized exchanges give control to users, but compromise on usability.