Ask about Derive
Logo of DeriveDerive(DRV)
Total Value Locked$112.87m

TVL by Chain

Hyperliquid L1$40.86m

OP Mainnet$22.39m

Base$19.47m

Arbitrum$18.47m

Ethereum$11.67m

Blast$0

Mode$0

Key Metrics

Fees (Annualized)$5.09m
Fees 30d$572,736

Derive Chain$572,736

Fees 7d$135,148

Derive Chain$135,148

Fees 24h$23,506

Derive Chain$23,506

Cumulative Fees$13.59m

Derive Chain$11.79m

OP Mainnet$1.13m

Arbitrum$663,779

Revenue (Annualized)$3.22m
Revenue 30d$452,133

Derive Chain$452,133

Revenue 7d$111,555

Derive Chain$111,555

Revenue 24h$19,644

Derive Chain$19,644

Cumulative Revenue$4.7m

Derive Chain$4.7m

Holders Revenue (30d Run Rate)$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$518.74m
Perp Volume 30d by chain

Derive Chain$518.74m

Perp Volume 7d$98.41m

Derive Chain$98.41m

Perp Volume 24h$14.53m

Derive Chain$14.53m

Cumulative Perp Volume$13.605b

Derive Chain$13.605b

Options Premium Volume 30d$45.8m

Options Premium Volume 7d$14.84m

Options Premium Volume 24h$876,519

Cumulative Options Premium Volume$501.6m

Options Notional Volume 30d$1.495b

Options Notional Volume 7d$704.61m

Options Notional Volume 24h$102.76m

Cumulative Options Notional Volume$18.72b

Open Interest$52.62m

Market Cap$109.01m

$DRV Price$0.11

All Time High$0.23

All Time Low$0.012

Fully Diluted Valuation$163.55m

$DRV Volume 24h$709,136

CEX Volume$414,368

DEX Volume$298,075(42.03% of total)

Staked$0(0% of mcap)

Treasury$57.72m

Majors$49,108

Stablecoins$2.21m

Own Tokens$55.46m

Others$718.55

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