Derive

Derive Basic Information

Symbol: DRV

Price: $0.04683896

Volume: $147,988

Market Cap: $34,564,970

Fully Diluted Value: 46,867,797

Short Term Beta: For Premium Users Only

Beta: For Premium Users Only

Futures Curve: For Premium Users Only

Total Supply: 1,000,000,000

Type: Crypto Token

Derive Trading Chart

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Derive on Exchanges

Learn more about Derive

Derive is a decentralized protocol that creates programmable onchain options, perpetuals, and structured products. Derive is deployed and operates on Derive Chain, an Ethereum rollup built using the OP stack and is the home of the Derive Protocol. It is a permission-less smart contract platform. The Derive DAO earns trading fees from the Derive Protocol and gas fees from the Derive Chain, governed by DRV token holders. Trading fees accrue to an insurance fund to foster robustness of the protocol and rollup. Derive has built an AI-powered trading app built for pro traders. In collaboration with Messari, Derive Pro translates market views into trades. The agent then prepares transactions for users and leverages smart contract wallets to make trades one-click, gasless and chainless. The app will support spot, perps and options trading on Derive, and will also plug in to spot AMMs on L2s like Optimism, Arbitrum and Base.