Logo of Derive V1Derive V1(DRV)
Total Value Locked$134,954

TVL by Chain

Ethereum$89,241

Arbitrum$26,815

OP Mainnet$18,899

Key Metrics

Fees (Annualized)$926,804
Cumulative Fees$1.8m

OP Mainnet$1.13m

Arbitrum$663,779

$52.31m

$1.741b

Staked$0

$DRV Liquidity$583,553

Aerodrome Slipstream$249,991

Aerodrome V1$232,019

Balancer V3$101,543

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

Protocol Information

The first complete decentralized options protocol built on Ethereum

Category:Options

Audits:

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Methodology

TVL: TVL counts the option market locked synth value, along with USDC in safety module.View code on GitHubFees: Fees paid by usersView code on GitHubOptions Premium Volume: Sum of value paid buying and selling options on the exchangeView code on GitHubOptions Notional Volume: Sum of the notional value of all options that have been traded on the exchangeView code on GitHub

Competitors

Premia V2 ($200,988)Hegic ($9.15m)SOFA.org ($673,258)GammaSwap Open Interest ($607,251)Pods Finance ($388,783)Deri V4 ($6.46m)Panoptic V2 ($1.67m)Opyn Gamma ($873,751)Ribbon Earn ($858,129)Premia V3 ($459,387)