DPMM Pricing

Overview

DPMM (Deri Proactive Market Making) calculates the Mark Price for every trading symbol based on its index price (i.e. underlying spot price) provided by leading and proven oracle providers such as Chainlink & WooOracle.
For perpetual futures, DPMM determines the mark price based on the index price and net position.
For everlasting options, DPMM determines the mark price based on the theoretical price and the net position, where the former is calculated by a pricer. The algorithm of the pricer can be found in this document.
Both Chainlink & WooOracle are among the leading on-chain Oracle providers in the crypto space and are highly recognized for security and technical innovation.
Last modified 17d ago
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