Ask about Derive
Logo of DeriveDerive(DRV)
Total Value Locked$112.28m

TVL by Chain

Hyperliquid L1$37.31m

OP Mainnet$21.62m

Arbitrum$21.15m

Base$19.47m

Ethereum$12.73m

Blast$0

Mode$0

Key Metrics

Fees (Annualized)$4.84m
Fees 30d$726,172

Derive Chain$726,172

Fees 7d$104,558

Derive Chain$104,558

Fees 24h$3,956

Derive Chain$3,956

Cumulative Fees$13.22m

Derive Chain$11.42m

OP Mainnet$1.13m

Arbitrum$663,779

Revenue (Annualized)$2.97m
Revenue 30d$546,104

Derive Chain$546,104

Revenue 7d$76,961

Derive Chain$76,961

Revenue 24h$2,411

Derive Chain$2,411

Cumulative Revenue$4.4m

Derive Chain$4.4m

Holders Revenue (Annualized)$0
Holders Revenue 30d$0

Derive Chain$0

Holders Revenue 7d$0

Derive Chain$0

Holders Revenue 24h$0

Derive Chain$0

Cumulative Holders Revenue$0

Derive Chain$0

Perp Volume 30d$867.74m
Perp Volume 30d by chain

Derive Chain$867.74m

Perp Volume 7d$116.5m

Derive Chain$116.5m

Perp Volume 24h$8.14m

Derive Chain$8.14m

Cumulative Perp Volume$13.278b

Derive Chain$13.278b

Options Premium Volume 30d$44.07m

Options Premium Volume 7d$5.83m

Options Premium Volume 24h$277,869

Cumulative Options Premium Volume$468.31m

Options Notional Volume 30d$1.167b

Options Notional Volume 7d$163.36m

Options Notional Volume 24h$13.04m

Cumulative Options Notional Volume$17.506b

Open Interest$54.32m

Market Cap$100.58m

$DRV Price$0.1

All Time High$0.23

All Time Low$0.012

Fully Diluted Valuation$150.9m

$DRV Volume 24h$140,976

CEX Volume$63,393

DEX Volume$80,173(56.87% of total)

Staked$0(0% of mcap)

Treasury$54.9m

Majors$63,906

Stablecoins$2.71m

Own Tokens$52.12m

Others$447.09

Total Raised$6.3m

Jul 26, 2021$3.3mRound: SeedInvestors: AllianceDAO, Anthony Sassano, Anton Bukov, Apollo Capital, Divergence Ventures, Framework Ventures, Jinglan Wang, Jordan Momtazi, Kain Warwick, Orthogonal Trading, ParaFi Capital, Robot Ventures, Ryan Sean Adams, Stani Kulechov, Tyler Scott Ward

Nov 30, 2022$3mRound: Strategic Investors: Framework Ventures, GSR

Feb 2, 2026Round: Investors: Variant

Protocol Information

Trade options & perps. Earn yield with restaking derivatives.

CategoryDerivatives
WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Derive V1 - Fees paid by usersView code on GitHubDerive V2 - Gross trading fees charged to users across Derive markets (makerFees + takerFees) from stats-api.derive.xyz/fees over the requested period.View code on GitHubDerive Options - Gross trading fees charged to users across Derive markets (makerFees + takerFees) from stats-api.derive.xyz/fees over the requested period.View code on GitHub

Revenue:

Derive V1 - Treasury and token holders revenueView code on GitHubDerive V2 - Equal to Fees (gross trading fees subtracting rebates).View code on GitHubDerive Options - Equal to Fees (gross trading fees subtracting rebates).View code on GitHub
Holders Revenue: Fees going to governance token holdersView code on GitHub

Perp Volume: Notional volume of all trades including leverage on the perp exchange

Options Premium Volume: Sum of value paid buying and selling options on the exchange

Options Notional Volume: Sum of the notional value of all options that have been traded on the exchange