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Derive

DRV
Layer 2

Derive is a decentralized protocol that creates programmable onchain options, perpetuals, and structured products.

Beginner
5 min readUpdated July 2026Block Clarity Hub Editorial Team
$0.161177-4.12%
Updated 3 min ago

About Derive

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.

Description via CoinGecko. Educational reference only — not an endorsement or investment advice.

Price Chart

Historical USD price from CoinGecko. Educational reference — not investment advice.

Live Market Data

Price change
1h
-0.70%
24h
-4.12%
7d
+27.50%
30d
+40.20%
Market Cap Rank
#193
Market Cap
$161.12M
24h Volume
$4.63M
Fully Diluted Val
$241.76M
All-Time High
$0.228265-29.39%January 2025
All-Time Low
$0.012437April 2025
24h Range
$0.15737$0.175278
Circulating Supply999.71M / 1.50B
66.6% of max supply in circulation

Market data from CoinGecko, refreshed every 15 minutes. Educational reference only — not investment advice.

Project Health

TVL (DefiLlama)
$115.6M
Hyperliquid L1 · Arbitrum · Optimism

Dev activity via CoinGecko, TVL/audit status via DefiLlama; official links are the project’s own. Presence here is not an endorsement.

Where DRV trades

The most active markets for DRV by 24h volume. Informational only — these are not affiliate links or endorsements.

ExchangePairPrice24h Volume
OrangeXDRV/USDT$0.160386$1.99M
GateDRV/USDT$0.161506$453,036
UpbitDRV/KRW$0.161207$425,781
Coinbase ExchangeDRV/USD$0.163174$422,108
Aerodrome Slipstream 30X9D0E8F5B25384C7310CB8C6AE32C8FBEB645D083/0X4200000000000000000000000000000000000006$0.162241$350,943
HyperliquidDRV/USDC$0.162136$253,280
KrakenDRV/USD$0.161444$136,529
Aerodrome (Base)0X9D0E8F5B25384C7310CB8C6AE32C8FBEB645D083/0X4200000000000000000000000000000000000006$0.1622$110,297

Data via CoinGecko. Always verify you are on an exchange’s official domain before trading.

Technical Details

Launch Year
Max Supply
1500000000
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