Security is the main theme of the development of the blockchain industry. Recently, security incidents have occurred on multiple platforms, but CoinW has been operating for 8 years without any incidents and has formed its own understanding of security and blockchain.
Now, CoinW has decided to migrate this experience to the on-chain world, with the goal of providing the most secure and fast on-chain derivatives DEX product, namely DeriW. Different from existing products, DeriW has adopted a parallel approach of balancing security and speed from the very beginning, which has spread to the ultimate user experience. Lets take a look at it from the perspective of technical concepts.
With technology as the foundation, CoinW reshapes the future of on-chain transactions
On March 4, 2025, DeriW, a decentralized perpetual contract trading platform based on Arbitrum, announced the launch of its test network. DeriW is based on Arbitrums L3, and its security is guaranteed by L2, and L2 security is provided by Ethereum. Based on this, DeriW can enjoy the security of Ethereum and the ultra-high TPS of customizable L3, up to 80,000.
As an innovative protocol focused on derivatives trading, DeriW attempts to achieve a balance between user experience and asset security through a multi-layer security architecture and optimized transaction logic.
In terms of security, DeriW not only inherits the underlying security of L2 and L1, but also realizes cross-chain status synchronization through the Rollup mechanism, and combines active attack with passive defense. The on-chain security tools detect abnormal status in real time and provide a vulnerability bounty program to eliminate dangers in the bud from both the black and white layers.
Thanks to the high degree of customization of L3, not only can 0 Gas Fee be achieved, DeriW also does its best to optimize the transaction matching logic, which can minimize MEV attacks, reduce user transaction costs, and improve transaction fairness.
On this basis, DeriW adopts a non-custodial model, where users keep their own funds and eliminate the risk of third-party intervention. In addition, the core contract is managed through a multi-signature wallet + time lock mechanism, and has completed audits by authoritative security agencies. All codes are open source to accept community supervision.
Not only that, based on the development experience of CEX, CoinW has set up multiple defenses on DeriW’s fund permissions. Even DeriW cannot touch user funds. All operations involving funds are limited to the whitelist and cannot be tampered with. Risk isolation is carried out on the underlying architecture.
Regarding the much-criticized cross-chain bridge security, DeriW chose to inherit Arbitrum’s mature solution and adopt the same cross-chain bridge implementation method as L2, realizing cross-chain status synchronization through the Rollup mechanism. When DeriW L3 submits the fund status to Arbitrum L2, an optimistic verification mechanism is adopted to correct abnormal transactions within the protection period and ensure user safety.
With multiple security guarantees at the smart contract layer, capital layer, and cross-chain layer, DeriW has basically achieved the optimal solution under current technical conditions, thereby building a closed loop of user trust and attracting all kinds of users. If you have missed a lot, please dont miss DeriW.
Ecosystem incentives: 6600 DER Points rewards are waiting for you
Since the development of DeriW started, it has achieved or plans to achieve on-chain open source, multi-signature governance and the establishment of a DAO mechanism. In the future, DeriW will also optimize core parameters through community voting and gradually achieve fully decentralized governance.
Not only that, CoinW has prepared rich rewards for users who participate in the DeriW testnet activities. DeriW has launched the SUPERNOVA Supernova Plan, and each user can get up to 6,600 DER Points.
The activity is divided into two modules: ladder tasks and basic airdrops. After the user completes the corresponding tasks, the airdrop will be sent to the users address after the mainnet is launched:
Basic Task Level 1: Users only need to connect their wallet or create a Deriw wallet, claim the test currency, and complete the first transaction of ≥ 1000 USDT to receive a 100 DER reward;
Ladder tasks: divided into three levels according to the cumulative trading volume and the number of days of holding positions:
Level 2: Trading volume ≥ 100,000 U, holding for 1 day, reward 500 DER tokens;
Level 3: Trading volume ≥ 500,000 U, holding for 2 days, reward 1,000 DER tokens;
Level 4: Trading volume ≥ 1 million U, holding for 4 days, reward 5,000 DER tokens.
For more details, please visit: https://www.deriw.com/zh_cn/supernova
Conclusion
Decentralization is an unstoppable historical trend. CoinW has chosen to join the game. DeriW has been built with the genes of high speed, security and low cost from the very beginning. Through multiple guarantees such as authoritative audits, multi-signature management, MEV resistance and mature cross-chain bridge solutions, DeriW can take into account both high security and ultimate user experience.
And 8 years after CoinW was founded, the emergence of DeriW will continue the glory of CoinW and become the first stop for building on-chain contract experience in a truly fast, efficient and economical way.
