Derive DRV
Rank #208About 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.
Derive FAQ
What is 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…
What is the current price of Derive?
The live price of Derive (DRV) is $0.1414, with a 24-hour change of -6.54%. Prices on this page update automatically about once a minute using CoinGecko market data.
What is the market cap of Derive?
Derive currently has a market capitalization of $141.31M, ranking #208 by market cap. Market cap is the coin price multiplied by its circulating supply and is a common way to compare the relative size of crypto assets.
Is Derive a good investment?
CryptoWatchHub provides market data and educational content only — not financial advice. Derive, like all crypto assets, is highly volatile and you can lose your entire investment. Always do your own research and consider consulting a licensed financial advisor before investing.
More on Derive
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DRV in 59 currencies
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Compare exchange fees
What a trade actually costs on ten major venues
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