CryptoCurrencies
16957
Exchanges
500
Total Market Cap
3,393,302,592,399
Volume 24h
251,952,775,820
Dominance
BTC 60.20%   ETH 7.86%   USDT 4.41%   XRP 3.96%

Derive
DRV

0.04117
$
31.78 %
Change 24h
Market Cap
$ 32,620,018
Volume 24h
$ 351,004
Circulating Supply
792,585,006
Total Supply
1,000,000,000
DRV
$
# Exchange Pair Price Volume 24h

Description

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.