Ask about DeriveTotal Value Locked$113.38m
TVL by Chain
Hyperliquid L1$32.71m
Arbitrum$24.76m
OP Mainnet$22.72m
Base$21.3m
Ethereum$11.89m
Mode$0
Blast$0
Key Metrics
Fees (Annualized)$5.21m
Fees 30d$511,746
Derive Chain$511,746
Fees 7d$98,010
Derive Chain$98,010
Fees 24h$12,809
Derive Chain$12,809
Cumulative Fees$13.88m
Derive Chain$12.09m
OP Mainnet$1.13m
Arbitrum$663,779
Revenue (Annualized)$3.38m
Revenue 30d$414,754
Derive Chain$414,754
Revenue 7d$80,399
Derive Chain$80,399
Revenue 24h$10,302
Derive Chain$10,302
Cumulative Revenue$4.94m
Derive Chain$4.94m
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$379.74m
Perp Volume 30d by chain
Derive Chain$379.74m
Perp Volume 7d$63.77m
Derive Chain$63.77m
Perp Volume 24h$8.18m
Derive Chain$8.18m
Cumulative Perp Volume$13.798b
Derive Chain$13.798b
Options Premium Volume 30d$42.02m
$6.76m
$666,366
$522.58m
Options Notional Volume 30d$1.768b
$294.31m
$22.03m
$19.634b
$82.57m
Market Cap$115.01m
$DRV Price$0.12
$172.56m
$DRV Volume 24h$998,005
CEX Volume$653,934.69
DEX Volume$357,265.05(35.8% of total)
Staked$0(0% of mcap)
$DRV Liquidity$583,553
Aerodrome Slipstream$249,991
Aerodrome V1$232,019
Balancer V3$101,543
Treasury$62.64m
$51,579.86
Stablecoins$2.23m
Own Tokens$60.36m
Others$533.5
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 $113.38m in total value locked. TVL has increased 1.6% 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 28.9%.
How much has Derive generated in fees and revenue?
Over the past 30 days, Derive generated $511,746 in fees. Of that, $414,754 was protocol revenue. Based on the trailing year, the annualized rate is $5.21m in fees and $3.38m in revenue.
What is the DRV token price and valuation?
DRV is currently trading at $0.12. Its circulating market capitalization is $115.01m, ranking it #327. Its fully diluted valuation is $172.56m. Supply currently stands at 999.74m circulating, 1.5b total supply, 1.5b maximum supply.
How has DRV performed recently?
DRV is down 13.6% over the past 7 days and up 40.7% over the past 30 days. Its all-time high is $0.23, reached on Jan 15, 2025. The token is currently 49.6% 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 $379.74m in perpetual futures volume over the past 30 days.
Does Derive have a treasury?
Derive has a tracked treasury currently valued at $62.64m. Its holdings include $2.23m in stablecoins, $51,579.86 in major assets, $60.36m in its own tokens, $533.5 in other assets.
