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HONG KONG, March 6, 2025 /PRNewswire/ -- Decentralized trading platforms are becoming more vital in the rapidly evolving DeFi ecosystem. In February 2025, CoinW, a leading global cryptocurrency exchange, announced the launch of DeriW, its decentralized derivatives trading platform. Accompanying this is an innovative trade mining program. The launch underscores CoinW's commitment to blockchain innovation and provides on-chain users to participate with zero-cost and high returns.
DeriW has gas-free transactions, up to 80% annualized LP returns, and an industry-leading throughput of 80,000 transactions per second (TPS). It is backed by CoinW's seven years of operational expertise and represents a paradigm shift in derivatives trading infrastructure.
Ushering in a New Era of DeFi
DeriW pioneers gas-free decentralized derivatives trading using Rollup technology and a seamless Layer 3/Layer 2 architecture. It inherits Ethereum-level security with full on-chain transparency.
With its array of novel functionalities, DeriW distinguishes itself within the decentralized exchange (DEX) arena. It is further bolstered by the technical expertise and reputable brand that CoinW provides.
Recognizing the need for user-friendly decentralized platforms, CoinW's technology team spent years developing DeriW to provide a smooth, centralized exchange experience in a decentralized space.
Key differentiators:
- Gas-Free, High-Throughput Trading: Eliminates gas fees while achieving 80,000 TPS and millisecond confirmation speeds, rivaling centralized exchanges through optimized on-chain mechanisms.
- PendulumAMM for Optimal LP Returns: A proprietary automated market maker dynamically allocates liquidity, delivering up to 80% APR for LPs and enabling zero-slippage trading across hundreds of assets.
- Secure, High-Leverage Platform: Offers up to 100x leverage trading with non-custodial wallets and audited smart contracts, ensuring institutional-grade security across diverse asset offerings.
- EVM-Compatible Layer 3 Ecosystem with Cross-Chain Potential: Enables one-click token launches and smart contract deployment, with future cross-chain bridges promising seamless interoperability.
DeriW's innovative approach to trade mining goes beyond simply breaking DeFi technology barriers. It actively returns value to CoinW ecosystem participants.
The platform acts as a bridge connecting CoinW's centralized and decentralized services for users of all levels. It opens new pathways to increase wealth.
The integration system releases DeriW ecological potential
To celebrate the launch of DeriW, we are launching the Bonus Points campaign, which aims to distribute $6,600 DER points through user transactions, further incentivizing community engagement and contributing value back to the CoinW ecosystem. Aimed at the average user, the campaign is simple to understand and rewarding:
The activity is divided into two modules: ladder task and basic airdrop. After the user completes the corresponding task, it will be airdropped to the user's address after the main network is online:
1. Basic task Level 1: Users only need to connect the wallet or create Deriw wallet, receive test coins, and complete the first transaction ≥ 1000 USDT, to get 100 DER rewards;
2. Ladder task: Divided into three levels according to cumulative trading volume and holding days:
a. Level 2:500 DER tokens for trading volume ≥ 100,000U and holding position for 1 day;
b. Level 3: Trading volume ≥ 500,000U, holding position for 2 days, reward 1000 DER tokens;
c. Level 4:5000 DER tokens for trading volume ≥ 1 million U for 4 days.
Through the integration activities, DeriW organically combines user trading income, LP capital pool return and commission incentive to build a multi-win ecological closed loop. All of this can not be achieved without CoinW's technical and operational strength as an industry leader.
DeriW Rewards participants will not only enjoy the technical dividends of DeriW, but also be deeply integrated into CoinW's global layout and share the growth opportunities of the DeFi 2.0 era.
The Future of Decentralized Trading is Here
DeriW's launch not only signifies a technological advancement for CoinW in the field of decentralized trading. It also serves as a catalyst for on-chain ecosystem growth.
It delivers an unprecedented DEX experience and invigorates the CoinW ecosystem with its trade mining program. DeriW integrates zero-cost trading, high-speed performance, and an open ecosystem.
From users pursuing low-cost transactions to on-chain experts seeking to expand their income through generous rebate programs, or DeFi enthusiasts optimistic about the future, DeriW and CoinW open doors to a world of possibilities.
With the 2025 mainnet launch and $DER token listing imminent, DeriW is set to redefine decentralized derivatives markets. CoinW invites participants across the blockchain spectrum to join this new era of value creation as it bridges centralized and decentralized finance.
About CoinW
Founded in 2017, CoinW is a globally trusted cryptocurrency exchange serving over 13 million users in 14 countries. With cutting-edge technology, advanced security, and a focus on empowering blockchain innovation, CoinW supports communities worldwide in realizing the transformative power of digital assets.
Website: https://www.coinw.com/
Twitter Official: https://twitter.com/CoinWOfficial
Telegram: https://t.me/coinwoff
YouTube Official: https://www.youtube.com/@CoinWOfficial
Linkedin: https://www.linkedin.com/company/coinwofficial/
About DeriW
DeriW is the first zero-gas-fee decentralized perpetual contract exchange, blending Ethereum's security with Layer 3 scalability to deliver CEX-like efficiency in a decentralized framework. Operated by CoinW's seasoned fintech team, it redefines trading with 80,000 TPS throughput, ensuring speed, transparency, and trustless execution.
Website: www.deriw.com
Twitter: @deriwfi
Telegram: https://t.me/deriwfinance
Discord: https://discord.com/invite/deriwfinance
The future of decentralized trading is not coming – it has arrived.
HONG KONG, March 6, 2025 /PRNewswire/ -- Decentralized trading platforms are becoming more vital in the rapidly evolving DeFi ecosystem. In February 2025, CoinW, a leading global cryptocurrency exchange, announced the launch of DeriW, its decentralized derivatives trading platform. Accompanying this is an innovative trade mining program. The launch underscores CoinW's commitment to blockchain innovation and provides on-chain users to participate with zero-cost and high returns.
DeriW has gas-free transactions, up to 80% annualized LP returns, and an industry-leading throughput of 80,000 transactions per second (TPS). It is backed by CoinW's seven years of operational expertise and represents a paradigm shift in derivatives trading infrastructure.
Ushering in a New Era of DeFi
DeriW pioneers gas-free decentralized derivatives trading using Rollup technology and a seamless Layer 3/Layer 2 architecture. It inherits Ethereum-level security with full on-chain transparency.
With its array of novel functionalities, DeriW distinguishes itself within the decentralized exchange (DEX) arena. It is further bolstered by the technical expertise and reputable brand that CoinW provides.
Recognizing the need for user-friendly decentralized platforms, CoinW's technology team spent years developing DeriW to provide a smooth, centralized exchange experience in a decentralized space.
Key differentiators:
- Gas-Free, High-Throughput Trading: Eliminates gas fees while achieving 80,000 TPS and millisecond confirmation speeds, rivaling centralized exchanges through optimized on-chain mechanisms.
- PendulumAMM for Optimal LP Returns: A proprietary automated market maker dynamically allocates liquidity, delivering up to 80% APR for LPs and enabling zero-slippage trading across hundreds of assets.
- Secure, High-Leverage Platform: Offers up to 100x leverage trading with non-custodial wallets and audited smart contracts, ensuring institutional-grade security across diverse asset offerings.
- EVM-Compatible Layer 3 Ecosystem with Cross-Chain Potential: Enables one-click token launches and smart contract deployment, with future cross-chain bridges promising seamless interoperability.
DeriW's innovative approach to trade mining goes beyond simply breaking DeFi technology barriers. It actively returns value to CoinW ecosystem participants.
The platform acts as a bridge connecting CoinW's centralized and decentralized services for users of all levels. It opens new pathways to increase wealth.
The integration system releases DeriW ecological potential
To celebrate the launch of DeriW, we are launching the Bonus Points campaign, which aims to distribute $6,600 DER points through user transactions, further incentivizing community engagement and contributing value back to the CoinW ecosystem. Aimed at the average user, the campaign is simple to understand and rewarding:
The activity is divided into two modules: ladder task and basic airdrop. After the user completes the corresponding task, it will be airdropped to the user's address after the main network is online:
1. Basic task Level 1: Users only need to connect the wallet or create Deriw wallet, receive test coins, and complete the first transaction ≥ 1000 USDT, to get 100 DER rewards;
2. Ladder task: Divided into three levels according to cumulative trading volume and holding days:
a. Level 2:500 DER tokens for trading volume ≥ 100,000U and holding position for 1 day;
b. Level 3: Trading volume ≥ 500,000U, holding position for 2 days, reward 1000 DER tokens;
c. Level 4:5000 DER tokens for trading volume ≥ 1 million U for 4 days.
Through the integration activities, DeriW organically combines user trading income, LP capital pool return and commission incentive to build a multi-win ecological closed loop. All of this can not be achieved without CoinW's technical and operational strength as an industry leader.
DeriW Rewards participants will not only enjoy the technical dividends of DeriW, but also be deeply integrated into CoinW's global layout and share the growth opportunities of the DeFi 2.0 era.
The Future of Decentralized Trading is Here
DeriW's launch not only signifies a technological advancement for CoinW in the field of decentralized trading. It also serves as a catalyst for on-chain ecosystem growth.
It delivers an unprecedented DEX experience and invigorates the CoinW ecosystem with its trade mining program. DeriW integrates zero-cost trading, high-speed performance, and an open ecosystem.
From users pursuing low-cost transactions to on-chain experts seeking to expand their income through generous rebate programs, or DeFi enthusiasts optimistic about the future, DeriW and CoinW open doors to a world of possibilities.
With the 2025 mainnet launch and $DER token listing imminent, DeriW is set to redefine decentralized derivatives markets. CoinW invites participants across the blockchain spectrum to join this new era of value creation as it bridges centralized and decentralized finance.
About CoinW
Founded in 2017, CoinW is a globally trusted cryptocurrency exchange serving over 13 million users in 14 countries. With cutting-edge technology, advanced security, and a focus on empowering blockchain innovation, CoinW supports communities worldwide in realizing the transformative power of digital assets.
Website: https://www.coinw.com/
Twitter Official: https://twitter.com/CoinWOfficial
Telegram: https://t.me/coinwoff
YouTube Official: https://www.youtube.com/@CoinWOfficial
Linkedin: https://www.linkedin.com/company/coinwofficial/
About DeriW
DeriW is the first zero-gas-fee decentralized perpetual contract exchange, blending Ethereum's security with Layer 3 scalability to deliver CEX-like efficiency in a decentralized framework. Operated by CoinW's seasoned fintech team, it redefines trading with 80,000 TPS throughput, ensuring speed, transparency, and trustless execution.
Website: www.deriw.com
Twitter: @deriwfi
Telegram: https://t.me/deriwfinance
Discord: https://discord.com/invite/deriwfinance
The future of decentralized trading is not coming – it has arrived.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
CoinW and DeriW: Revolutionizing Decentralized Derivatives with Points Reward
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- Expanded new mixed-gender team competition, Hexagon World Series will feature multiple events per year in iconic global cities with equal prize money
- Series becomes the first fully FIP - governed team circuit, included into the official FIP calendar to complement existing professional and amateur events, encompassing Cupra FIP Tour and Premier Padel
- This evolution represents a major opportunity for the Hexagon Cup to be fully integrated within the federative padel pyramid
- Official recognition builds on strategic partnership announced in February 2025 between Hexagon Cup, Premier Padel and FIP, under which Premier Padel is also a shareholder and major strategic partner in the new series
LONDON, Dec. 18, 2025 /PRNewswire/ -- Hexagon Cup, the team-based Padel tournament established in 2024 that revolutionised the sport's international landscape, has today announced an historic strategic alliance with 54, the global sport and entertainment agency behind the creation of LIV Golf, and the game's global governing body, International Padel Federation (FIP).
Under this agreement, 54 will invest and partner with Hexagon Cup to expand and elevate the initial project into its next phase: a new global team circuit, officially named the Hexagon World Series, in what will become the first team Padel series to be delivered under the governance of FIP, fully integrated into the federative padel pyramid.
The agreement positions Hexagon World Series as the sport's official global team circuit, governed by FIP and integrated fully into the official FIP calendar. The Hexagon World Series will expand the revolutionary team-based format of the Hexagon Cup into a series model, adding multiple events per year across new international locations. This expansion will open fresh commercial opportunities for fans, players and partners, while strengthening the overall FIP ecosystem and the Olympic dream alongside existing tours and FIP's governance.
The new circuit will complement Premier Padel, FIP's flagship professional tour for individual pairs, elevating Padel to a new level, whilst creating new value within a fully integrated commercial structure to sit at the top tier of the world's fastest growing sport.
Together, Premier Padel and the Hexagon World Series will form the global professional circuit for elite players: one tour for the world's top pairs, and one groundbreaking teambased competition, both under the governance of FIP.
Details of the new competition format, teams, calendar of events and global host cities will be unveiled in 2026.
54's investment is also the closing of an international financing round for Hexagon Cup, backed by a diverse group of global investors. These include PadelPark India, the British operator Padel Hub, the US-based Padel operator Epic Padel, as well as investment funds and platforms such as Players Fund (United Kingdom) and LinkinFirm (Brazil), alongside other strategic partners from Mexico, Spain, the United States and the Middle East. This multi-regional capital structure reinforces the strength of the project and its position to lead the international expansion of Padel.
Enrique Buenaventura, Founder of Hexagon Cup, said: "This partnership marks a new chapter in the history of padel. Together with 54, FIP and the support of, and fantastic relationship with, Premier Padel, we will build the first truly global team circuit, expanding the vision of the Hexagon Cup and creating something never seen before in our sport. Our mission is to help grow padel worldwide, unlock new commercial opportunities, and contribute decisively to its Olympic journey."
Luigi Carraro, President of FIP, said: "FIP's mission is to develop and grow Padel at every level of the pyramid – from grassroots and amateur participation to elite professional - all around the world. The launch of Hexagon World Series - under the umbrella and governance of FIP and as part of our official international calendar, already including the Cupra FIP Tour and Premier Padel – further enhances, consolidates and stabilizes our ecosystem with the most prestigious competitions in the sport. Together, we will ensure Padel continues to grow with the professionalism, global visibility and collaborative structure – working with all recognized stakeholders within Padel and world sport – driving Padel's long-term success on an international scale."
Gary Davidson, Group Chief Operating Officer, 54, said: "Padel is one of the fastest growing sports globally, and we see an incredible opportunity to help accelerate its professionalisation and global reach. "Teaming up with Hexagon Cup and FIP to create the Hexagon World Series is a natural extension of our commitment to building the world's most exciting sporting properties, molded through modern commercial structures and integrated into the existing ecosystem to deliver the best experiences for athletes and fans, and the best performance for partners and investors."
- Expanded new mixed-gender team competition, Hexagon World Series will feature multiple events per year in iconic global cities with equal prize money
- Series becomes the first fully FIP - governed team circuit, included into the official FIP calendar to complement existing professional and amateur events, encompassing Cupra FIP Tour and Premier Padel
- This evolution represents a major opportunity for the Hexagon Cup to be fully integrated within the federative padel pyramid
- Official recognition builds on strategic partnership announced in February 2025 between Hexagon Cup, Premier Padel and FIP, under which Premier Padel is also a shareholder and major strategic partner in the new series
LONDON, Dec. 18, 2025 /PRNewswire/ -- Hexagon Cup, the team-based Padel tournament established in 2024 that revolutionised the sport's international landscape, has today announced an historic strategic alliance with 54, the global sport and entertainment agency behind the creation of LIV Golf, and the game's global governing body, International Padel Federation (FIP).
Under this agreement, 54 will invest and partner with Hexagon Cup to expand and elevate the initial project into its next phase: a new global team circuit, officially named the Hexagon World Series, in what will become the first team Padel series to be delivered under the governance of FIP, fully integrated into the federative padel pyramid.
The agreement positions Hexagon World Series as the sport's official global team circuit, governed by FIP and integrated fully into the official FIP calendar. The Hexagon World Series will expand the revolutionary team-based format of the Hexagon Cup into a series model, adding multiple events per year across new international locations. This expansion will open fresh commercial opportunities for fans, players and partners, while strengthening the overall FIP ecosystem and the Olympic dream alongside existing tours and FIP's governance.
The new circuit will complement Premier Padel, FIP's flagship professional tour for individual pairs, elevating Padel to a new level, whilst creating new value within a fully integrated commercial structure to sit at the top tier of the world's fastest growing sport.
Together, Premier Padel and the Hexagon World Series will form the global professional circuit for elite players: one tour for the world's top pairs, and one groundbreaking teambased competition, both under the governance of FIP.
Details of the new competition format, teams, calendar of events and global host cities will be unveiled in 2026.
54's investment is also the closing of an international financing round for Hexagon Cup, backed by a diverse group of global investors. These include PadelPark India, the British operator Padel Hub, the US-based Padel operator Epic Padel, as well as investment funds and platforms such as Players Fund (United Kingdom) and LinkinFirm (Brazil), alongside other strategic partners from Mexico, Spain, the United States and the Middle East. This multi-regional capital structure reinforces the strength of the project and its position to lead the international expansion of Padel.
Enrique Buenaventura, Founder of Hexagon Cup, said: "This partnership marks a new chapter in the history of padel. Together with 54, FIP and the support of, and fantastic relationship with, Premier Padel, we will build the first truly global team circuit, expanding the vision of the Hexagon Cup and creating something never seen before in our sport. Our mission is to help grow padel worldwide, unlock new commercial opportunities, and contribute decisively to its Olympic journey."
Luigi Carraro, President of FIP, said: "FIP's mission is to develop and grow Padel at every level of the pyramid – from grassroots and amateur participation to elite professional - all around the world. The launch of Hexagon World Series - under the umbrella and governance of FIP and as part of our official international calendar, already including the Cupra FIP Tour and Premier Padel – further enhances, consolidates and stabilizes our ecosystem with the most prestigious competitions in the sport. Together, we will ensure Padel continues to grow with the professionalism, global visibility and collaborative structure – working with all recognized stakeholders within Padel and world sport – driving Padel's long-term success on an international scale."
Gary Davidson, Group Chief Operating Officer, 54, said: "Padel is one of the fastest growing sports globally, and we see an incredible opportunity to help accelerate its professionalisation and global reach. "Teaming up with Hexagon Cup and FIP to create the Hexagon World Series is a natural extension of our commitment to building the world's most exciting sporting properties, molded through modern commercial structures and integrated into the existing ecosystem to deliver the best experiences for athletes and fans, and the best performance for partners and investors."
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Hexagon Cup, 54 and International Padel Federation unite to create the Hexagon World Series, the sport's first official team circuit, unifying the padel calendar alongside Cupra FIP Tour and Premier Padel
