Total Value Locked$156.51m
TVL by Chain
Hyperliquid L1$52.28m
Base$34.02m
OP Mainnet$28.54m
Arbitrum$22.46m
Ethereum$19.2m
Blast$0
Mode$0
Key Metrics
Fees (Annualized)$5.46m
Fees 30d$550,144
Derive Chain$550,144
Fees 7d$285,928
Derive Chain$285,928
Fees 24h$29,764
Derive Chain$29,764
Cumulative Fees$14.47m
Derive Chain$12.68m
OP Mainnet$1.13m
Arbitrum$663,779
Revenue (Annualized)$3.69m
Revenue 30d$432,072
Derive Chain$432,072
Revenue 7d$233,330
Derive Chain$233,330
Revenue 24h$25,952
Derive Chain$25,952
Cumulative Revenue$5.41m
Derive Chain$5.41m
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$483.79m
Perp Volume 30d by chain
Derive Chain$483.79m
Perp Volume 7d$249.81m
Derive Chain$249.81m
Perp Volume 24h$29.11m
Derive Chain$29.11m
Cumulative Perp Volume$14.301b
Derive Chain$14.301b
Options Premium Volume 30d$52.74m
$38.04m
$8m
$578.62m
Options Notional Volume 30d$1.805b
$1.055b
$163.07m
$21.598b
$173.97m
Market Cap$147.5m
$DRV Price$0.15
$221.32m
$DRV Volume 24h$9.36m
CEX Volume$4.87m
DEX Volume$4.04m(43.17% of total)
Staked$0(0% of mcap)
$DRV Liquidity$583,553
Aerodrome Slipstream$249,991
Aerodrome V1$232,019
Balancer V3$101,543
Treasury$78.97m
$77,593.85
Stablecoins$1.58m
Own Tokens$77.3m
Others$2,817.21
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.
- Derive V2Derivatives
- Derive V1Options
- Derive OptionsOptions
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
Frequently Asked Questions
What is Derive's TVL?
Derive currently has $156.51m in total value locked. TVL has increased 36.4% 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 33.4%.
How much has Derive generated in fees and revenue?
Over the past 30 days, Derive generated $550,144 in fees. Of that, $432,072 was protocol revenue. Based on the trailing year, the annualized rate is $5.46m in fees and $3.69m in revenue.
What is the DRV token price and valuation?
DRV is currently trading at $0.15. Its circulating market capitalization is $145.53m, ranking it #297. Its fully diluted valuation is $218.36m. Supply currently stands at 999.71m circulating, 1.5b total supply, 1.5b maximum supply.
How has DRV performed recently?
DRV is up 60.4% over the past 7 days and up 30.3% over the past 30 days. Its all-time high is $0.23, reached on Jan 14, 2025. The token is currently 36.2% 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 $483.79m in perpetual futures volume over the past 30 days.
Does Derive have a treasury?
Derive has a tracked treasury currently valued at $78.97m. Its holdings include $1.58m in stablecoins, $77,593.85 in major assets, $77.3m in its own tokens, $2,817.21 in other assets.
