Ask about Derive
Logo of DeriveDerive(DRV)
Total Value Locked$125.03m

TVL by Chain

Hyperliquid L1$43.42m

Arbitrum$24.86m

OP Mainnet$21.79m

Base$19.29m

Ethereum$15.67m

Blast$0

Mode$0

Key Metrics

Fees (Annualized)$8.84m
Fees 30d$724,440

Derive Chain$724,440

Fees 7d$193,357

Derive Chain$193,357

Fees 24h$33,638

Derive Chain$33,638

Cumulative Fees$12.98m

Derive Chain$11.18m

OP Mainnet$1.13m

Arbitrum$663,779

Revenue (Annualized)$6.7m
Revenue 30d$549,565

Derive Chain$549,565

Revenue 7d$146,902

Derive Chain$146,902

Revenue 24h$25,382

Derive Chain$25,382

Cumulative Revenue$4.22m

Derive Chain$4.22m

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$869.44m
Perp Volume 30d by chain

Derive Chain$869.44m

Perp Volume 7d$218.57m

Derive Chain$218.57m

Perp Volume 24h$30m

Derive Chain$30m

Cumulative Perp Volume$13.028b

Derive Chain$13.028b

Options Premium Volume 30d$40.59m

Options Premium Volume 7d$11.39m

Options Premium Volume 24h$1.64m

Cumulative Options Premium Volume$450.42m

Options Notional Volume 30d$1.283b

Options Notional Volume 7d$379.15m

Options Notional Volume 24h$45.26m

Cumulative Options Notional Volume$17.16b

Open Interest$47.45m

Market Cap$98.65m

$DRV Price$0.099

All Time High$0.23

All Time Low$0.012

Fully Diluted Valuation$148.01m

$DRV Volume 24h$1.8m

CEX Volume$1.17m

DEX Volume$854,006(47.34% of total)

Staked$0(0% of mcap)

Treasury$55.44m

Majors$68,590

Stablecoins$2.71m

Own Tokens$52.66m

Others$470.69

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