Derive DRV
Rank #298$0.0874
-0.96%
CoinGecko · just now
Derive Statistics
- Market Cap
- $87.40M
- 24h Volume
- $405,293
- 24h High
- $0.0928
- 24h Low
- $0.0868
- Circulating Supply
- 999,817,958.565 DRV
- Max Supply
- 1,500,000,000 DRV
- All-Time High
- $0.2283
- All-Time Low
- $0.0124
About Derive
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. Derive has built an AI-powered trading app built for pro traders. In collaboration with Messari, Derive Pro translates market views into trades. The agent then prepares transactions for users and leverages smart contract wallets to make trades one-click, gasless and chainless. The app will support spot, perps and options trading on Derive, and will also plug in to spot AMMs on L2s like Optimism, Arbitrum and Base.
Frequently Asked Questions about Derive
What is Derive (DRV)?
Derive (DRV) is a cryptocurrency that can be traded on various exchanges. It has a current market capitalization of $87.40M, making it one of the notable digital assets in the crypto market.
What is the current price of Derive?
The current price of Derive (DRV) is $0.0874. Prices update in real-time based on market activity across major cryptocurrency exchanges.
Where can I buy Derive?
You can buy Derive (DRV) on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. Always use a reputable exchange and enable two-factor authentication to secure your account.
Is Derive a good investment?
Whether Derive is a good investment depends on your financial goals, risk tolerance, and research. Cryptocurrency markets are highly volatile. Always do your own research and consider consulting a financial advisor before investing.
