A new derivatives trading platform just entered beta with some interesting metrics worth paying attention to. Currently on testnet, it's showing $2.3M in total value locked, $2.1M open interest, and handling $10.5M in 24-hour volume—solid numbers for an early-stage protocol. Built on N1Chain, it's attracting traders who want to get in before the mainstream rush. If you're the type who enjoys exploring emerging DeFi infrastructure and don't mind being among the earliest adopters, this could be worth checking out. The platform is still gated during this phase, but access is being gradually opened. Early movers in beta testing often gain advantages as projects scale, whether through airdrops or protocol improvements based on feedback. Exploring new trading venues keeps you sharp and helps you spot emerging opportunities before they blow up.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
8
Repost
Share
Comment
0/400
MEVSandwichMaker
· 4h ago
Are you really locking 2.3M on the testnet? I suspect whether this is real data or just a marketing gimmick.
View OriginalReply0
ProposalDetective
· 10h ago
Testnet data looks good, but I still want to wait and see how it performs on the mainnet... There are many projects like this on N1Chain, but only a few can really survive.
View OriginalReply0
PortfolioAlert
· 01-13 15:04
The testnet has only 2.3M TVL. Honestly, this data is quite impressive. Early involvement is never wrong, and anyway, grabbing airdrops is just a free experience.
View OriginalReply0
governance_ghost
· 01-13 15:00
The testnet has only 23 million TVL, which is quite impressive. Is the derivatives track of N1Chain this competitive?
View OriginalReply0
NewDAOdreamer
· 01-13 14:59
The testnet has only 2.3M locked, this data can indeed be observed, but I need to think more about the N1Chain.
View OriginalReply0
metaverse_hermit
· 01-13 14:59
The testnet has only 2.3M TVL. Can we rely on this data? Let's wait until the mainnet.
View OriginalReply0
VitalikFanAccount
· 01-13 14:48
Testnet $2.3M, just bragging here? Let's wait for the mainnet, I've seen this number too many times.
View OriginalReply0
BlockDetective
· 01-13 14:41
Hmm, this data looks pretty good. The testnet has only 2.3M TVL, but can projects really get started on N1Chain...
A new derivatives trading platform just entered beta with some interesting metrics worth paying attention to. Currently on testnet, it's showing $2.3M in total value locked, $2.1M open interest, and handling $10.5M in 24-hour volume—solid numbers for an early-stage protocol. Built on N1Chain, it's attracting traders who want to get in before the mainstream rush. If you're the type who enjoys exploring emerging DeFi infrastructure and don't mind being among the earliest adopters, this could be worth checking out. The platform is still gated during this phase, but access is being gradually opened. Early movers in beta testing often gain advantages as projects scale, whether through airdrops or protocol improvements based on feedback. Exploring new trading venues keeps you sharp and helps you spot emerging opportunities before they blow up.