Ask about DeriveTotal Value Locked$116.88m
TVL by Chain
Hyperliquid L1$33.18m
Base$24.08m
OP Mainnet$22.84m
Arbitrum$18.92m
Ethereum$17.86m
Mode$0
Blast$0
Key Metrics
Fees (Annualized)$5.27m
Fees 30d$388,205
Derive Chain$388,205
Fees 7d$71,052
Derive Chain$71,052
Fees 24h$10,800
Derive Chain$10,800
Cumulative Fees$14.11m
Derive Chain$12.31m
OP Mainnet$1.13m
Arbitrum$663,779
Revenue (Annualized)$3.48m
Revenue 30d$305,183
Derive Chain$305,183
Revenue 7d$53,263
Derive Chain$53,263
Revenue 24h$7,566
Derive Chain$7,566
Cumulative Revenue$5.12m
Derive Chain$5.12m
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$297.18m
Perp Volume 30d by chain
Derive Chain$297.18m
Perp Volume 7d$65.56m
Derive Chain$65.56m
Perp Volume 24h$7.98m
Derive Chain$7.98m
Cumulative Perp Volume$13.984b
Derive Chain$13.984b
Options Premium Volume 30d$23.86m
$2.97m
$294,399
$535.92m
Options Notional Volume 30d$1.112b
$171.32m
$21.33m
$20.293b
$113.22m
Market Cap$98m
$DRV Price$0.098
$147.04m
$DRV Volume 24h$2.05m
CEX Volume$1.46m
DEX Volume$398,498.23(19.47% of total)
Staked$0(0% of mcap)
$DRV Liquidity$583,553
Aerodrome Slipstream$249,991
Aerodrome V1$232,019
Balancer V3$101,543
Treasury$53.62m
$59,919.63
Stablecoins$1.6m
Own Tokens$51.96m
Others$2,319.15
Total Raised
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
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
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
Competitors
Frequently Asked Questions
What is Derive?
Trade options & perps. Earn yield with restaking derivatives.
What is Derive's TVL?
Derive currently has $116.88m in total value locked. TVL has increased 3.5% over the past 30 days.
What chains does Derive operate on?
Derive operates on 8 chains: Ethereum, Arbitrum, OP Mainnet, Hyperliquid L1, and Base and 3 others. Hyperliquid L1 holds the largest share at 28.4%.
How much has Derive generated in fees and revenue?
Over the past 30 days, Derive generated $388,205 in fees. Of that, $305,183 was protocol revenue. Based on the trailing year, the annualized rate is $5.27m in fees and $3.48m in revenue.
What is the DRV token price and valuation?
DRV is currently trading at $0.1. Its circulating market capitalization is $99.57m, ranking it #356. Its fully diluted valuation is $149.4m. Supply currently stands at 999.74m circulating, 1.5b total supply, 1.5b maximum supply.
How has DRV performed recently?
DRV is down 1.1% over the past 7 days and down 19.2% over the past 30 days. Its all-time high is $0.23, reached on Jan 14, 2025. The token is currently 56.4% below that level.
Which protocols are included in Derive?
Derive is a parent protocol whose tracked products include Derive V2, Derive V1, and Derive Options.
How much perpetual futures volume does Derive process?
Derive processed $297.18m in perpetual futures volume over the past 30 days.
Does Derive have a treasury?
Derive has a tracked treasury currently valued at $53.62m. Its holdings include $1.6m in stablecoins, $59,919.63 in major assets, $51.96m in its own tokens, $2,319.15 in other assets.
