After months of testing and a Class T license from the Bermuda Monetary Authority, DerivaDEX is ready to open mainnet to its first users. Proposal #13, now live for governance voting, would authorize the next phase of the guarded launch and begin onboarding qualified traders.
Since its initial mainnet deployment, DerivaDEX has operated in a testing-only mode while completing regulatory requirements. If passed, Proposal #13 would mark the transition to live trading.
Want to be one of the first users? Join the waitlist.
What This Means for Traders
If approved, Proposal #13 would enable:
- Mainnet access. Qualified users would be able to deposit real funds and trade live markets for the first time.
- Faster execution. One-click trading would remove per-transaction wallet popups.
- Licensed infrastructure. DerivaDEX operates under Bermuda's Digital Asset Business Act—a distinction from most decentralized derivatives platforms.
What the Proposal Contains
User Onboarding
The proposal would update DerivaDEX's due diligence architecture to enable qualified users from supported regions to access mainnet. Blockpass UK Ltd. remains the supported pathway, with the architecture designed to accommodate additional risk-management solutions as the industry evolves.
One-Click Trading
Users would have the option to enable encrypted trading sessions, allowing them to place trades without providing a new signature for each transaction. This feature would be opt-in, session-limited, and revocable at any time.
A Measured Start
DerivaDEX is proposing a conservative approach to mainnet launch. Initial parameters would be set with caution: 3x maximum leverage, $10,000 deposit caps per user, and defined price banding—with the expectation that each can be expanded through governance as the platform matures. This mirrors successful guarded launches in DeFi, where starting small reduces risk and builds confidence.
Security Council Charter Amendments
The proposal also includes amendments to the Security Council Charter, formalizing consultation obligations between the Security Council and DerivaDex Bermuda Ltd. on matters affecting regulatory status, AML/ATF frameworks, and risk management. These amendments would satisfy pre-conditions established by the Bermuda Monetary Authority following the Class T license grant.
Infrastructure Upgrades
The release includes upgrades to the Trusted Execution Environment stack—specifically the SGX SDK and memory encryption architecture—for improved performance and hardware compatibility.
If passed: 3x max leverage · $10,000 deposit cap · Class T licensed · Non-custodial
Testing and Validation
The proposed code is already live at testnet.derivadex.io for testing. Traders can access full platform functionality on the Sepolia testnet with a faucet for testnet tokens. Extensive internal and fuzz testing has validated the release.
Timeline
Proposal #13 was submitted for governance voting on January 22, 2026. If passed, it would proceed through governance procedures for queuing and execution. Platform downtime may occur during the operator transition, and user onboarding would begin once the network achieves a stable state.
How to Participate
- DDX holders: Review the full proposal and vote through the governance interface.
- Prospective traders: Join the waitlist to be notified when onboarding opens.
- Developers: Test the release at testnet.derivadex.io.
For discussion and updates, join the Telegram announcements channel or follow @DDX_official on X.