Derive DRV
DRV
0.01678
$
19.78 %
Change 24h
Market Cap
$ 13,304,358
Volume 24h
$ 186,703
Circulating Supply
792,847,327
Total Supply
1,000,000,000
Website
DRV
$
| # | Exchange | Pair | Price | Volume 24h |
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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.