According to Odaily, the decentralized derivatives trading protocol, Derivio, has announced its transition from the existing derivatives protocol to a brand new network, the Derivio Network. This new network is a blockchain network specifically designed to enhance Ethereum's functionality. It is fully compatible with the Solana Virtual Machine (SVM) and has been optimized to provide higher performance and efficiency. The move is seen as a significant step forward in the evolution of the zkSync ecosystem, which Derivio is a part of. The compatibility with SVM allows for seamless integration and interaction with the Solana ecosystem, further expanding the potential reach and impact of the Derivio Network. The optimization for higher performance and efficiency is expected to improve the user experience and overall functionality of the platform. The transition to the new network signifies Derivio's commitment to continuous improvement and innovation in the blockchain and cryptocurrency space.
