Derive

DRV#323

Smart Contract PlatformDecentralized Finance (DeFi)Derivatives+9 more

$0.09

+4.48% 24h+16.14% 7d

Price

Extremes$0.01

$0.23

Market Data

Day

Open$0.09

High$0.09

Low$0.09

Market

Vol 24h$75.03K

Mkt Cap$67.23M

FDV$136.72M

Supply

Circ.737.53M DRV

Total1.50B DRV

Max1.50B DRV

About Derive

Derive is a decentralized protocol that creates programmable onchain options, perpetuals, and structured products. Derive is deployed and operates on Derive Chain, an Ethereum rollup built using the OP stack and is the home of the Derive Protocol. It is a permission-less smart contract platform. The Derive DAO earns trading fees from the Derive Protocol and gas fees from the Derive Chain, governed by DRV token holders. Trading fees accrue to an insurance fund to foster robustness of the protocol and rollup. Derive has built an AI-powered trading app built for pro traders. In collaboration with Messari, Derive Pro translates market views into trades. The agent then prepares transactions for users and leverages smart contract wallets to make trades one-click, gasless and chainless. The app will support spot, perps and options trading on Derive, and will also plug in to spot AMMs on L2s like Optimism, Arbitrum and Base.

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Links

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