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Logo of DeriveDerive(DRV)
Total Value Locked$129.18m

TVL by Chain

Hyperliquid L1$44.13m

Arbitrum$26.52m

OP Mainnet$22.84m

Base$19.97m

Ethereum$15.72m

Mode$0

Blast$0

Key Metrics

Fees (Annualized)$8.72m
Fees 30d$714,604

Derive Chain$714,604

Fees 7d$181,572

Derive Chain$181,572

Fees 24h$40,139

Derive Chain$40,139

Cumulative Fees$12.95m

Derive Chain$11.15m

OP Mainnet$1.13m

Arbitrum$663,779

Revenue (Annualized)$6.61m
Revenue 30d$541,509

Derive Chain$541,509

Revenue 7d$136,874

Derive Chain$136,874

Revenue 24h$30,302

Derive Chain$30,302

Cumulative Revenue$4.2m

Derive Chain$4.2m

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$885.02m
Perp Volume 30d by chain

Derive Chain$885.02m

Perp Volume 7d$218.25m

Derive Chain$218.25m

Perp Volume 24h$44.43m

Derive Chain$44.43m

Cumulative Perp Volume$12.998b

Derive Chain$12.998b

Options Premium Volume 30d$39.88m

Options Premium Volume 7d$10.6m

Options Premium Volume 24h$2.02m

Cumulative Options Premium Volume$448.79m

Options Notional Volume 30d$1.271b

Options Notional Volume 7d$360.94m

Options Notional Volume 24h$43.56m

Cumulative Options Notional Volume$17.114b

Open Interest$46.12m

Market Cap$86.1m

$DRV Price$0.086

All Time High$0.23

All Time Low$0.012

Fully Diluted Valuation$129.18m

$DRV Volume 24h$2.72m

CEX Volume$1.57m

DEX Volume$1.3m(47.71% of total)

Staked$0(0% of mcap)

Treasury$47.48m

Majors$70,644

Stablecoins$2.71m

Own Tokens$44.7m

Others$470.48

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