Derive
DRV#263| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| +0.50% | +0.92% | +1.25% | -17.29% | +28.66% |
About Derive
Derive Price History
Derive (DRV) reached its all-time high of $0.228265 on January 14, 2025, and trades 57.5% below that peak today. Its all-time low was $0.012437 on April 7, 2025, and the price has since risen 679% from that low.
| Year | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026(YTD) | $0.046986 | $0.179415 | $0.035531 | $0.096905 | +106.24% |
| 2025 | $0.117 | $0.1171 | $0.016413 | $0.049559 | -57.64% |
Analysis
No analysis available for Derive yet.
Derive News
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Derive FAQ
What is Derive (DRV)?
Derive (DRV) is a decentralized options and derivatives protocol built on the Ethereum blockchain. It was launched in 2023 and provides a platform for creating, trading, and settling options in a non-custodial manner. The DRV token is the native asset of the protocol.
How does Derive work?
Derive uses smart contracts on Ethereum to automate the creation and settlement of options. Users can write or buy options with collateral locked in the protocol, and prices are determined by an on-chain model. This allows transparent, fully collateralized derivatives trading without an intermediary.
What is the DRV token used for?
The DRV token functions as the native asset of the Derive protocol. It is used for governance, allowing holders to vote on protocol parameters and updates. DRV can also be staked to earn rewards and participate in the protocol's economic security.
How does Derive differ from centralized options platforms?
Unlike centralized options exchanges, Derive operates on Ethereum with transparent, self-custodial smart contracts. Users retain control of their collateral, and all transactions are publicly visible on the blockchain. This reduces counterparty risk and allows permissionless, global options trading from any connected wallet.
What is the current price of Derive?
Derive is currently priced at $0.09691, up 0.92% in the last 24 hours. It is ranked #263 by market capitalization. Over the past 7 days, DRV is up 1.25%.
What is Derive's market cap?
Derive has a market capitalization of $71.47M. The 24-hour trading volume is $2.45M, reflecting the total value of DRV traded across all exchanges in the last day.
How many Derive coins are in circulation?
There are currently 737.53M DRV in circulation. Derive has a maximum supply of 1.50B DRV, meaning no more than this amount will ever exist.