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In line with the rising number of regulations by national governments around the globe on platforms offering crypto services, traders should not be worried about getting banned by using DeriW, the nearly launched perpetual decentralized exchange (DEX).
The reason was explained by DeriW’s Tharaka Kahaduwa during an exclusive interview with BitPinas Editor-in-Chief Michael Mislos at Coinfest Asia 2025.
- Read other Taipei Blockchain Week 2025 interviews by BitPinas in this page.
- During the three-day event, BitPinas had a live coverage, which can be seen in this thread.
DeriW is Outside Regulation, But Users are Safe
“I think regulation is important because it is meant to protect users and their assets. From a DEX perspective, it is unique because we do not really have to follow the same regulations that centralized platforms must comply with. But at the same time, we care about users and ensuring their assets are safe.”
Tharaka Kahaduwa, DeriW
Kahaduwa assured that despite not being covered by regulations, the DeriW team is still looking at how to make the experience safer and smoother for its users.
Recently, DeriW completed its testnet campaign, which reached about $4 million in trading volume and around 200,000 traders. The response has been great. The mainnet was launched in August 2025, and already has about $100 million in trading volume and 20,000 traders as of early September.
“This is especially important in Asia, including the Philippines, where we see an emerging user base. For CoinW itself, compliance is important, and we pay attention to rules to avoid traders facing issues in their home countries.”
Tharaka Kahaduwa, DeriW
What is DeriW?
As a perpetual DEX, DeriW (https://www.deriw.com/) offers derivatives trading. It also has an in-app staking platform for USDT and memecoins.
Moreover, since it is a product of CoinW, Kahaduwa assured that DeriW has the same architecture and safety features that CoinW provides, but in a decentralized environment. It is because the platform is built on a layer three built on top of the Ethereum layer two network, Arbitrum.
“It is under CoinW, but it is a decentralized exchange, so it offers a different service compared to CoinW. For example, if you are a trader looking for a decentralized experience—let us say you do not want to do KYC or you want higher leverage for your trades—then DeriW offers that kind of environment. What the centralized exchange cannot provide, the decentralized exchange from CoinW can.”
Tharaka Kahaduwa, DeriW
Moreover, the platform supports 80,000 transactions per second with a “zero-gas fee experience on every trade,” according to Kahaduwa
“For a lot of new traders, DEXs can seem intimidating compared to centralized exchanges. But trading on a DEX shouldn’t be complicated. We’ve made it very easy for beginners. Our first trade starts from just $10, and it’s a zero-gas trade. It’s a simple way to get started without worrying about losing a lot of money.”
Tharaka Kahaduwa, DeriW
The DeriW Airdrop
When asked about the DEX’s future plans, Kahaduwa expressed that the DeriW token and its airdrop are already in the works.
“It has been announced, though the exact date has not been confirmed. We encourage everyone to take part because it is a worthwhile way to earn rewards while using the platform.”
Tharaka Kahaduwa, DeriW
According to the executive, all the trading and social events since the mainnet launch have been aligned with the token airdrop campaign, thus, users can trade, invite friends, and gain “Plus Points,” which automatically translate to airdrops.
Interested airdrop farmers can go to the airdrop page of DeriW.
This article is published on BitPinas: Interview: DeriW Launches with Zero-Gas Perpetual Trading and Upcoming Token Airdrop
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