On November 13, 2026, PANews reported that DeriW had announced the token model for DER. DeriW is a zero-gas-fee Layer 3 perpetual-contract decentralized exchange built by the CoinW team and connected to Hyperliquid prices.
DeriW said it had put 1 million USDT into a Genesis Pool that serves as the counterparty to all trades. The project says the pool supports zero-slippage trading and the DER ecosystem.
Under the announced rules, users can mint DER only when they close a position at a loss or are liquidated. When the pool holds less than 2 million USDT, the minting rate can reach up to 100 DER per 1 USDT. DER has a stated total supply of 10 billion tokens, with 70% allocated for release through trading mining. DeriW said there is no premine, venture-capital allocation or airdrop. It also said the mining rate declines as the pool grows and halves in stages as mining progresses.
These rules describe how DER is issued through trading activity. The announcement does not specify whether holding DER grants governance or ownership rights.