Ask about Derive
Total Value Locked$160.02m
TVL by Chain
Hyperliquid L1$49.11m
Base$40.05m
OP Mainnet$29.52m
Ethereum$21.28m
Arbitrum$20.05m
Mode$0
Blast$0
Key Metrics
Fees 30d$619,006
Fees 30d by chain
Derive Chain$619,006
Fees 7d$140,330
Derive Chain$140,330
Fees 24h$40,524
Derive Chain$40,524
Cumulative Fees$14.78m
Derive Chain$12.98m
OP Mainnet$1.13m
Arbitrum$663,779
Revenue 30d$502,420
Revenue 30d by chain
Derive Chain$502,420
Revenue 7d$121,212
Derive Chain$121,212
Revenue 24h$37,542
Derive Chain$37,542
Cumulative Revenue$5.65m
Derive Chain$5.65m
Holders Revenue 30d$0
Holders Revenue 30d by chain
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$740.88m
Perp Volume 30d by chain
Derive Chain$740.88m
Perp Volume 7d$145.95m
Derive Chain$145.95m
Perp Volume 24h$22.85m
Derive Chain$22.85m
Cumulative Perp Volume$14.762b
Derive Chain$14.762b
Options Premium Volume 30d$81.48m
$15.91m
$4.58m
$620.04m
Options Notional Volume 30d$2.935b
$850.97m
$241.65m
$23.341b
$109.26m
Market Cap$140.09m
$DRV Price$0.14
$210.2m
$DRV Volume 24h$4.51m
CEX Volume$1.47m
DEX Volume$3.03m(67.13% of total)
Staked$0(0% of mcap)
Treasury$71.67m
$80,120.82
Stablecoins$1.68m
Own Tokens$69.91m
Others$3,147.73
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: StrategicInvestors: 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 $160.02m in total value locked. TVL has increased 34.3% 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 30.7%.
How much has Derive generated in fees and revenue?
Over the past 30 days, Derive generated $619,006 in fees. Of that, $502,420 was protocol revenue. Based on the trailing year, the annualized rate is $5.58m in fees and $3.85m in revenue.
What is the DRV token price and valuation?
DRV is currently trading at $0.14. Its circulating market capitalization is $139.98m, ranking it #314. Its fully diluted valuation is $210.03m. Supply currently stands at 999.71m circulating, 1.5b total supply, 1.5b maximum supply.
How has DRV performed recently?
DRV is down 14.3% over the past 7 days and up 14.3% over the past 30 days. Its all-time high is $0.23, reached on Jan 14, 2025. The token is currently 38.7% 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 $740.88m in perpetual futures volume over the past 30 days.
Does Derive have a treasury?
Derive has a tracked treasury currently valued at $71.67m. Its holdings include $1.68m in stablecoins, $80,120.82 in major assets, $69.91m in its own tokens, $3,147.73 in other assets.