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Logo of DeriveDerive(DRV)
Total Value Locked$135.39m

TVL by Chain

Hyperliquid L1$43.36m

Arbitrum$29.46m

OP Mainnet$25.69m

Base$20.08m

Ethereum$16.81m

Blast$0

Mode$0

Key Metrics

Fees (Annualized)$7.68m
Fees 30d$629,439

Derive Chain$629,439

Fees 7d$167,125

Derive Chain$167,125

Fees 24h$18,007

Derive Chain$18,007

Cumulative Fees$12.73m

Derive Chain$10.93m

OP Mainnet$1.13m

Arbitrum$663,779

Revenue (Annualized)$5.82m
Revenue 30d$477,187

Derive Chain$477,187

Revenue 7d$126,869

Derive Chain$126,869

Revenue 24h$13,322

Derive Chain$13,322

Cumulative Revenue$4.04m

Derive Chain$4.04m

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$749.85m
Perp Volume 30d by chain

Derive Chain$749.85m

Perp Volume 7d$207.67m

Derive Chain$207.67m

Perp Volume 24h$25.34m

Derive Chain$25.34m

Cumulative Perp Volume$12.714b

Derive Chain$12.714b

Options Premium Volume 30d$35.06m

Options Premium Volume 7d$9.67m

Options Premium Volume 24h$863,711

Cumulative Options Premium Volume$436.17m

Options Notional Volume 30d$1.168b

Options Notional Volume 7d$253.48m

Options Notional Volume 24h$17.15m

Cumulative Options Notional Volume$16.694b

Open Interest$54.34m

Market Cap$89.66m

$DRV Price$0.09

All Time High$0.23

All Time Low$0.012

Fully Diluted Valuation$134.52m

$DRV Volume 24h$500,268

CEX Volume$181,793

DEX Volume$323,587(64.68% of total)

Staked$0(0% of mcap)

Treasury$51.23m

Majors$80,071

Stablecoins$2.98m

Own Tokens$48.17m

Others$521.71

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