Ask about DeriveTotal Value Locked$112.88m
TVL by Chain
Hyperliquid L1$32.11m
Arbitrum$24.77m
OP Mainnet$22.69m
Base$21.38m
Ethereum$11.92m
Blast$0
Mode$0
Key Metrics
Fees (Annualized)$5.22m
Fees 30d$510,165
Derive Chain$510,165
Fees 7d$100,883
Derive Chain$100,883
Fees 24h$18,514
Derive Chain$18,514
Cumulative Fees$13.9m
Derive Chain$12.1m
OP Mainnet$1.13m
Arbitrum$663,779
Revenue (Annualized)$3.4m
Revenue 30d$414,016
Derive Chain$414,016
Revenue 7d$83,035
Derive Chain$83,035
Revenue 24h$15,362
Derive Chain$15,362
Cumulative Revenue$4.96m
Derive Chain$4.96m
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$369.22m
Perp Volume 30d by chain
Derive Chain$369.22m
Perp Volume 7d$64.96m
Derive Chain$64.96m
Perp Volume 24h$12.71m
Derive Chain$12.71m
Cumulative Perp Volume$13.811b
Derive Chain$13.811b
Options Premium Volume 30d$42.57m
$8.26m
$2.78m
$525.37m
Options Notional Volume 30d$1.842b
$360.83m
$124.24m
$19.758b
$82.44m
Market Cap$114.27m
$DRV Price$0.11
$171.44m
$DRV Volume 24h$487,116
CEX Volume$372,232.52
DEX Volume$102,262.77(20.99% of total)
Staked$0(0% of mcap)
$DRV Liquidity$583,553
Aerodrome Slipstream$249,991
Aerodrome V1$232,019
Balancer V3$101,543
Treasury$61.71m
$52,052.89
Stablecoins$2.23m
Own Tokens$59.43m
Others$527.36
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
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 $112.88m in total value locked. TVL has decreased 0.5% 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 $510,165 in fees. Of that, $414,016 was protocol revenue. Based on the trailing year, the annualized rate is $5.22m in fees and $3.4m in revenue.
What is the DRV token price and valuation?
DRV is currently trading at $0.11. Its circulating market capitalization is $114.27m, ranking it #331. Its fully diluted valuation is $171.44m. Supply currently stands at 999.74m circulating, 1.5b total supply, 1.5b maximum supply.
How has DRV performed recently?
DRV is down 8.4% over the past 7 days and up 39.4% over the past 30 days. Its all-time high is $0.23, reached on Jan 15, 2025. The token is currently 49.9% 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 $369.22m in perpetual futures volume over the past 30 days.
Does Derive have a treasury?
Derive has a tracked treasury currently valued at $61.71m. Its holdings include $2.23m in stablecoins, $52,052.89 in major assets, $59.43m in its own tokens, $527.36 in other assets.
