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.
Trading Insights
Traders
177
Searched
22
Market Stats
Market Cap
£39.70M
33.66%
FDV
£53.83M
Circ. Supply
738M DRV
Max Supply
1B DRV
Total Supply
1B DRV
Diluted Valuation
£53.87M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£822.19K
253.81%
Volume (7D)
£5.33M
Volume (30D)
£10.35M
All time high
£0.0605
Price Change (1Y)
-72.3%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Derive has decreased by 0.46% in the last hour and increased by 32.71% in the past 24 hours. Derive’s price has also risen by 33.73% in the past week. The current price is £0.0538 per DRV with a 24-hour trading volume of £822.19K. Currently, Derive is valued at 11.01% below its all time high of £0.0605. This all-time high was the highest price paid for Derive since its launch.
The current circulating supply of Derive is 737,529,683 DRV which means that Derive has as total market cap of £39,700,150.21.
Market details
DRV vs markets
↘ 83.02%
DRV vs BTC
↘ 85.08%
DRV vs ETH
↘ 72.34%
Tags
ai-big-data
defi
defai
Network & Addresses
Network | Address | |
|---|---|---|
Arbitrum | 0x77b7787a09818502305C95d68A2571F090abb135 | |
Ethereum | 0xB1D1eae60EEA9525032a6DCb4c1CE336a1dE71BE | |
Optimism | 0x33800De7E817A70A694F31476313A7c572BBa100 | |
Base | 0x9d0E8f5b25384C7310CB8C6aE32C8fbeb645d083 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0538 | ↗ 32.71% |
1 Day | £0.0407 | ↗ 32.71% |
1 Week | £0.0399 | ↗ 33.73% |
1 Month | £0.0256 | ↗ 108.91% |
1 Year | £0.21 | ↘ 72.30% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
We update our Derive to GBP currency in real-time. Get the live price of Derive on Coinbase.
The current market cap of Derive is £39.70M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Derive is £0.0605. This all-time high is highest price paid for Derive since it was launched.
Over the last 24 hours, the trading volume of Derive is £822.19K.
Assets that have a similar market cap to Derive include Symbol, MAGIC, AVA, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Derive is 738 million.
Derive calculator
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.