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Derive (DRV) is currently priced at $0.45 USD. The price has increased 0.09% in the last 24 hours. It has a market capitalization of $452,042,365.519. Fully diluted valuation: $678,294,157.5. Circulating supply is 999,660,015.911 DRV. Total supply is 1,500,000,000 DRV.
$0.45
- 1D
- +0.09%
- 1M
- +2.2%
- 3M
- +4.2%
- 1Y
- +15.3%
Market Cap$452M
Fully Diluted$678.3M
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.