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Derive
DeriveDRV
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Market Stats

Name
Price
Price change(24h)
Market cap
Circulating Supply
DRV

DRV

Derive

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DRV

DRV

Derive

  • Price

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    Price change(24h)

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    Market cap
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    Circulating Supply
    N/A Derive

What is Derive (DRV)?

Derive (DRV) is the native cryptocurrency of Derive, a decentralized derivatives exchange and protocol designed for creating programmable onchain options, perpetual futures, and structured products. The protocol operates on Derive Chain, a permissionless smart contract platform and Ethereum rollup built using the OP stack, allowing users to hedge risks and speculate on crypto assets without relying on traditional intermediaries.

Derive sets itself apart through its dedicated infrastructure and advanced trading features:

  • Custom Rollup Architecture: It runs on Derive Chain, a dedicated Ethereum rollup built using the OP stack.
  • AI-Powered Pro Trading: In collaboration with Messari, Derive developed Derive Pro, an AI-driven trading application that translates market views into trades. It utilizes smart contract wallets to deliver a gasless, chainless, one-click trading experience across spot, perpetuals, options, and Layer 2 AMMs like Optimism, Arbitrum, and Base.
  • Protocol Robustness & Fee Model: Trading fees from the protocol accrue to an insurance fund to bolster platform security, while rollup gas fees and trading fees are managed via community governance.

The DRV token fulfills several key utilities across the Derive ecosystem:

  • Governance: DRV holders govern the Derive DAO, which earns trading fees from the Derive Protocol and gas fees generated on the Derive Chain.
  • Collateralization: The token functions as collateral within the decentralized derivatives platform.
  • Incentivization: DRV is used to incentivize user and liquidity participation across the ecosystem.

The DRV token serves several utility functions within the Derive ecosystem:

  • Governance: DRV holders participate in governance decisions for the Derive DAO, which earns trading fees from the Derive Protocol and gas fees from the Derive Chain.
  • Collateralization: The token can be used as collateral across the platform.
  • Incentivization: DRV is utilized to incentivize active participation within the Derive ecosystem.

Derive can be bought on the SwissBorg app with just a few clicks. Download the app for Android or iOS and exchange cryptos instantly at the best price.

You can purchase Derive (DRV) through cryptocurrency exchange platforms such as Kraken, which offers trading pairs in fiat and crypto currencies such as EUR, USD, ETH, and USDT.

Derive aims to provide a decentralized derivatives platform for creating programmable onchain options, perpetuals, and structured products. It addresses the need for users to hedge financial risks and speculate on various crypto assets without relying on traditional centralized intermediaries. In addition, Derive addresses trading friction by offering AI-powered tools that translate market views directly into one-click, gasless, and chainless transactions using smart contract wallets.

Derive (DRV) achieves its scalability and transaction efficiency by running on Derive Chain, a dedicated Ethereum rollup built using the OP stack. Operating as a permissionless smart contract platform, Derive facilitates fast derivatives execution and utilizes smart contract wallets to deliver one-click, gasless, and chainless transactions across Layer-2 ecosystems like Optimism, Arbitrum, and Base.

Derive utilizes a decentralized governance framework powered by the Derive DAO. Holders of the DRV token govern the platform, which includes overseeing protocol trading fees and Derive Chain gas fees. Trading fees are directed toward an insurance fund to maintain the security and robustness of the protocol and its rollup.

The long-term vision of Derive is to establish a comprehensive decentralized trading platform for programmable onchain options, perpetual futures, and structured products, enabling users to hedge risks and speculate without traditional intermediaries. In addition, DRV is expanding AI-driven trading capabilities through Derive Pro to translate market views into seamless, gasless, one-click execution across Derive and spot AMMs on Layer-2 networks such as Optimism, Arbitrum, and Base.

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