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Home Platforms Deri Protocol vs Hodlnaut

Compare Deri Protocol vs Hodlnaut

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Pros & Cons

tick Innovative trading features.
tick High capital efficieny
tick Layer2 speed advantages
tick $2,288,136 USD currently invested (TVL)
tick Deri Protocol is decentralised, but Hodlnaut is not
tick Pro exchange marketplace available on Deri Protocol but not on Hodlnaut
tick Instantly buy crypto with fiat on Deri Protocol but not on Hodlnaut
tick Know your customer checks are required on Deri Protocol but not on Hodlnaut
tick Has 24/7 support but Hodlnaut doesn't
tick Very simple easy to understand interface
tick Interest accrued daily and paid out weekly
tick Enhanced interest rates available for big depositors (over 100 BTC)
tick Excellent reviews
tick Regulated in Singapore
tick Option to insure your deposits
tick Has email support but Deri Protocol doesn't
tick Interface supports English whereas Deri Protocol doesn't
Staking Rates
tick Hodlnaut will pay interest on 3 stable coin deposits not offered by Deri Protocol:
tick Hodlnaut will pay interest on 4 crypto currency deposits not offered by Deri Protocol:
1 more stakings rates pro ...
cross Short and unproven history
cross Limited number of coins supported
cross Loans not available for regular users.
cross Investments in liquidity pools can be higher risk
cross Liquidity pool investments are only suitable for advanced crypto users
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Staking Rates

The table below compares the staking rates for Deri Protocol and Hodlnaut.
Stable Coins
Crypto Currencies
Loading rates ...
Stable Coins
DAI Dai
3.56% - 5.75%
3.56% - 5.75%
USDC USDC
5.25% - 7%
5.25% - 7%
5.25% - 7%
5.25% - 7%
Crypto Currencies
BTC Bitcoin
2.25% - 4%
2.25% - 4%
ETH Ethereum
2.5% - 4.5%
2.5% - 4.5%
PAXG PAX Gold
1% - 1.2%
1% - 1.2%
2.45% - 4%
2.45% - 4%
Loading rates ...
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Company

Legal name
Deri Protocol
Legal name
Hodlnaut Pte. Ltd
Year founded
Year founded
2019
Country incorporated in
Country incorporated in
206
Headquarters country
Headquarters country
206
Platform token
Deri Protocol
Platform token
Decentralised
tick Yes
Decentralised
cross No
Open source
tick Yes
Open source
Number of employees
Number of employees
11-50
Number of users
Number of users
10,000
Total assets under management
Total assets under management
$500,000,000USD
Withdrawal time in hours
Withdrawal time in hours
1hours
Non-custodial
tick Yes
Non-custodial
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Products

Savings accounts
tick Yes
Savings accounts
tick Yes
Loans
Loans
tick Yes
Crypto to crypto exchange
tick Yes
Crypto to crypto exchange
tick Yes
Fiat to crypto exchange
cross No
Fiat to crypto exchange
cross No
Pro exchange marketplace
tick Yes
Pro exchange marketplace
cross No
Peer to peer exchange
cross No
Peer to peer exchange
cross No
Margin trading
tick Yes
Margin trading
Corporate accounts
Corporate accounts
tick Yes
Instantly buy crypto with fiat
tick Yes
Instantly buy crypto with fiat
cross No
Integrated crypto wallet
Integrated crypto wallet
tick Yes
Crypto withdrawals to private wallet
Crypto withdrawals to private wallet
tick Yes
Fast account verification
tick Yes
Fast account verification
tick Yes
Futures exchange
tick Yes
Futures exchange
DEX aggregator
tick Yes
DEX aggregator
Chain agnostic
cross No
Chain agnostic
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Security

Insurance level
Insurance level
$44,000,000USD
Cold storage
Cold storage
tick Yes
Cold storage custodian
Cold storage custodian
BitGo, Fireblocks
Two factor authentication
Two factor authentication
tick Yes
Credit check
cross No
Credit check
cross No
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Support

24/7 support
tick Yes
24/7 support
cross No
Email support
cross No
Email support
tick Yes
Phone support
cross No
Phone support
cross No
Chat support
tick Yes
Chat support
tick Yes
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Fees

Exchange fees
Exchange fees
0% exchange fees
Fiat deposit fee
Fiat deposit fee
Fiat deposits not accepted
Fiat withdrawal fee
Fiat withdrawal fee
Fiat withdrawls not accepted
Crypto deposit fee
Crypto deposit fee
tick Free
Withdrawal process
Withdrawal process
On 8 August 2022 Hodlnaut froze all withdrawals.
Withdrawal time
Withdrawal time
1 hours
Crypto withdrawal fee
Crypto withdrawal fee
1 free crypto withdrawl per month, Bitcoin 0.0004BTC, DAI 10 DAI, Ethereum 0.0036 ETH, USD Coin 10 USDC, Tether 10 USDT
Crypto wallet withdrawal limit
Crypto wallet withdrawal limit
100BTC per day
Savings crypto account withdrawal limit
Savings crypto account withdrawal limit
100 BTC per 24 hours
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Investment Strategy

Liquidity pools
tick Yes
Liquidity pools
DeFi products
tick Yes
DeFi products
tick Yes
Independent proof of reserves
Independent proof of reserves
cross No
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Registrations & Regulation

Know your customer
cross No
Know your customer
tick Yes
Regulators
Regulators
Hodlnaut is in the process of applying for approval under the Payment Services Act in Singapore
Singapore Fintech Association
Singapore Fintech Association
tick Yes
Payment Services Act 2020
Payment Services Act 2020
tick Yes
Major Payment Institution License - Monetary Authority of Singapore (MAS) under the Payment Services
Major Payment Institution License - Monetary Authority of Singapore (MAS) under the Payment Services
tick Yes
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Important Message Definda does not provide any financial advice. All information is provided for research purposes only. DeFi is a rapidly evolving industry. Most businesses in the sector are very young and it is possible that some of them could go out of business in the future. Such an event could result in the loss of your investment. You should do your own research or consult a financial advisor before investing any money. Please read and satisfy yourself with our terms before continuing to use our website. We offer a free impartial comparison service of savings, loans and other DeFi products. We may receive a small commission from some of the companies listed, but this never influences our rankings. If you spot any errors in the information listed then please contact us at info@definda.com.

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