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Logo of DeriveDerive(DRV)
Total Value Locked$115.09m

TVL by Chain

Hyperliquid L1$34.12m

Arbitrum$24.34m

OP Mainnet$23.12m

Base$21.61m

Ethereum$11.9m

Blast$0

Mode$0

Key Metrics

Fees (Annualized)$5.19m
Fees 30d$501,720

Derive Chain$501,720

Fees 7d$102,923

Derive Chain$102,923

Fees 24h$12,360

Derive Chain$12,360

Cumulative Fees$13.84m

Derive Chain$12.04m

OP Mainnet$1.13m

Arbitrum$663,779

Revenue (Annualized)$3.36m
Revenue 30d$407,028

Derive Chain$407,028

Revenue 7d$82,247

Derive Chain$82,247

Revenue 24h$9,960

Derive Chain$9,960

Cumulative Revenue$4.9m

Derive Chain$4.9m

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$387.79m
Perp Volume 30d by chain

Derive Chain$387.79m

Perp Volume 7d$70.04m

Derive Chain$70.04m

Perp Volume 24h$13.17m

Derive Chain$13.17m

Cumulative Perp Volume$13.769b

Derive Chain$13.769b

Options Premium Volume 30d$40.45m

$6.85m

$1.21m

$519.47m

Options Notional Volume 30d$1.712b

$287.62m

$63.53m

$19.5b

$76.57m

Market Cap$120.11m

$DRV Price$0.12

All Time High$0.23

All Time Low$0.012

View $DRV token page

$180.21m

$DRV Volume 24h$1.78m

CEX Volume$1.23m

DEX Volume$625,527(35.1% of total)

Staked$0(0% of mcap)

$DRV Liquidity$583,553

Aerodrome Slipstream$249,991

Aerodrome V1$232,019

Balancer V3$101,543

Treasury$67m

$53,726

Stablecoins$2.33m

Own Tokens$64.61m

Others$575.99

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.

Category:Derivatives

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