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Deri Protocol Joins Celer’s Cross-chain Bridge

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On February 20, the decentralized derivative agreement Deri Protocol tweeted that the cross-chain bridge cBridge launched by Celer has supported DERI. Users ca…

Deri Protocol Joins Celers Cross-chain Bridge

On February 20, the decentralized derivative agreement Deri Protocol tweeted that the cross-chain bridge cBridge launched by Celer has supported DERI. Users can conduct DERI cross-chain transfer between Ethereum and Arbitrum.

The cross-chain bridge cBridge launched by Celer has supported DERI

Analysis based on this information:


Deri Protocol, a decentralized derivative agreement, has recently announced that it has joined hands with Celer to launch cross-chain transfer through cBridge. The announcement was made via a tweet on February 20 by Deri Protocol, confirming that it has supported DERI, and its users can now transfer assets between Ethereum and Arbitrum blockchains.

The integration of Deri Protocol with Celer’s cross-chain bridge has opened new possibilities for users, as they can easily carry out cross-chain transactions without the hassle of converting tokens and waiting for slow transaction confirmations. With this integration, users can now seamlessly transfer their assets between Ethereum and Arbitrum, reducing the time and effort required to carry out cross-chain transactions.

The move is a major step forward for Deri Protocol, which has been consistently working towards offering its users comprehensive and seamless decentralized finance solutions. While the decentralized finance ecosystem has been expanding rapidly in recent years, one of the biggest challenges has been interoperability between different blockchain networks. The integration with Celer’s cross-chain bridge has paved the way for Deri Protocol to overcome this challenge and offer its users unparalleled convenience and flexibility.

Moreover, this integration has also strengthened the position of Celer in the decentralized finance ecosystem. Celer, a Layer 2 scaling platform that enables fast, secure, and low-cost transactions, has been constantly working towards fostering cross-chain interoperability, and the integration with Deri Protocol is a testament to its progress in this direction.

In conclusion, the announcement made by Deri Protocol about its integration with Celer’s cross-chain bridge is a significant development for the decentralized finance ecosystem. It highlights the importance of cross-chain interoperability and signals a step forward towards a more connected decentralized finance ecosystem. The users of Deri Protocol can now enjoy the benefits of cross-chain transfers, making it easier and faster to carry out transactions, ultimately benefiting the decentralized finance system as a whole.

Overall, the three keywords that best describe this message are “decentralized derivative agreement,” “cross-chain transfer,” and “cBridge.”

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