CEX volume (24h)
$55.31K 
CryptoGames Bitcoin and Altcoin Casino
Play Now 
Derive
$0.10
+1.21% Market cap $74.81M
Token Dominance 0.0%
Volume (24h) $223.68K+234.03%
Circ. supply 737.53M
FDV $152.15M
Derive price chart
Loading chart data...
Derive Price Movement
1H +0.53% $0.10
24H +1.21% $0.10
7D -10.92% $0.11
30D +28.03% $0.08
60D +29.10% $0.08
90D -4.55% $0.11
1Y +269.23% $0.03
Market context
DEX volume (24h)
$168.37K Total supply
1.5B Max supply
1.5B Derive price overview
Cycle position
16% through historical range
730.06% above ATL and 81.88% below ATH
Now $0.10
ATL $0.012 ATH $0.56
ATL All-time low
$0.012 730.06% above ATL
ATH All-time high
$0.56 81.88% below ATH
Derive Markets
Showing 10 spot markets sorted by CoinMarketCap exchange rank. Markets excluded from CMC price or volume calculations are hidden.
| Pair | |||||
|---|---|---|---|---|---|
| 1 | DRV/USDT | $0.10 | $13.73K | 221 | |
| 2 | Aerodrome SlipStream | WETH/DRV | $1,709.56 | $9.31K | 220 |
| 3 | Aerodrome SlipStream | USDC/DRV | $1.00 | $7 | 8 |
| 4 | Uniswap v4 (Ethereum) | ETH/DRV | $1,722.78 | $4.23K | 163 |
| 5 | Uniswap v4 (Ethereum) | DRV/USDT | $0.10 | $141 | 112 |
| 6 | DRV/USD | $0.10 Best price | $9.95K | 340 | |
| 7 | DRV/EUR | $0.10 | $4.62K | 169 | |
| 8 | Uniswap v4 (Base) | USDC/DRV | $1.01 | $3.78K | 228 |
| 9 | Uniswap v4 (Base) | USDC/DRV | $1.00 | $31 | 80 |
| 10 | Aerodrome Finance | WETH/DRV | $1,731.53 | $24.72K | 325 |
Affiliate Disclaimer: CryptoSlate may receive a commission when you click trading links on this page and complete an action with a third party. This does not influence our editorial independence or coverage.
DRV price converter
Quick Select
See DRV across major fiat currencies and swap the active converter instantly.
Active Converter
Live DRV to USD
Using the live USD market price. Additional fiat rates will appear after the daily sync.
About Derive
Launched in January 2024, Derive is a decentralized protocol engineered to facilitate the trading of options, perpetuals, and structured financial products directly on-chain. Built atop the Optimism (OP) Stack, Derive combines Ethereum's security with enhanced scalability and low transaction costs, delivering a high-performance trading environment for both retail and institutional participants.
Key Features and Infrastructure
- Derive Protocol: A decentralized settlement layer supporting trustless margining, liquidations, and clearing for derivatives trading.
- Derive Chain: An OP Stack rollup optimized for high-throughput and low-latency settlement, seamlessly bridging with Ethereum.
- Risk Engine: A modular framework enabling custom risk management strategies for diverse financial products.
- Matching Engine: An institutional-grade order matching system for options and perpetual futures.
Derive's structured products include automated covered call vaults, delta-neutral yield strategies, and perpetual basis trading tools. The protocol has facilitated over $1.5 billion in notional volume and supports innovative yield-generating strategies for traders and liquidity providers.
DRV Token Utility and Governance
DRV is the native utility token of the Derive ecosystem, serving multiple roles:
- Governance: DRV token holders participate in the Derive DAO, managing protocol upgrades, trading fees, and liquidity incentives.
- Staking: Users can stake DRV to earn rewards and gain voting power in governance decisions.
- Fee Discounts: Stakers receive discounted fees on spot, perpetuals, and options trades based on their staked balance.
- Buybacks: 25% of Derive protocol fees are allocated to DRV token buybacks, executed monthly to support token value.
As of May 8, 2025, DRV is trading at approximately $0.0317, with a market capitalization of around $24.25 million and a circulating supply of approximately 792 million DRV tokens.
Strategic Partnerships and Roadmap
In November 2023, Derive announced a partnership with Ethena, integrating Ethena’s USDe and sUSDe stable assets into the platform. With Ethena’s $4 billion in TVL and over 300,000 users, the collaboration enhances Derive's liquidity, expands collateral options, and unlocks yield opportunities. The partnership introduces structured product vaults for sUSDe holders and enables the use of USDe as collateral for derivatives trading while earning staking yields.
Looking ahead, Derive's roadmap focuses on scaling liquidity, introducing new structured products, and enhancing user experience through smart contract wallets, gasless transactions, and advanced trading tools. With a foundation built on composability and interoperability, Derive is positioned to lead the evolution of decentralized derivatives trading.
Conclusion
Derive represents a significant advancement in the DeFi space, offering a robust and scalable platform for on-chain derivatives trading. Through its innovative infrastructure, strategic partnerships, and community-driven governance, Derive aims to democratize access to sophisticated financial instruments and redefine the landscape of decentralized finance.
Derive Technical Details
Circulating Supply 737,529,683
Total Supply 1,500,000,000
Max Supply 1,500,000,000
Derive FAQs
What is the price of Derive today?
As of Jun 15, 2026, Derive trades at $0.10.
What is the market cap of Derive?
Derive has a market capitalization of $74,810,710.17.
What is the 24-hour trading volume of Derive?
Derive has a 24-hour trading volume of $223,679.20.
What is the all-time high of Derive?
Derive reached an all-time high of $0.56, recorded on Jan 15, 2025. It is currently 81.88% below its all-time high.
What is the all-time low of Derive?
Derive recorded an all-time low of $0.012, recorded on Apr 7, 2025. It is currently 730.06% above its all-time low.
