Volume 24h—
Open interest$84.6M
Markets15
Max leverage15x
Taker / maker0.030%/0.010%
BTC funding /8h+0.0100%
BTC paid 30d+0.214%
Not reporting since 10-13 18:07 UTC: the figures below are the last ones received.
Markets
0 marketsNo markets match.
Before you deposit
- LiquidityDeep$84.6M open interest
- Real volumeNormalvolume is 0.0x open interest a day
- Book depthNo data
- KYCNoneNo ID, the account is created by your first deposit; not for US persons, Australian tax residents, Ontario or sanctioned countries.
Key facts
About Derive
Derive is a decentralized perpetual futures exchange on Derive Chain. It lists 15 active markets, traded — in the last 24 hours and holds $84.6M in open interest, #47 among the perp DEXs we track.
Funding settles every —. BTC longs pay +0.0100% /8h right now and paid 0.214% over the last 30 days.
News from Derive
all| 11-04 03:55 | Token | Weekly Buyback #91 Complete 149,420 DRV was purchased at an average price of $0.30. Derive DAO has bought back a total of 28,683,120 DRV. Buybacks are currently allocated 50% of protocol fees. @DeriveXYZ on X ↗ |
| 10-31 16:14 | Contest | October at Derive: ➤ V3 Live. Launched with Ethereum custody, ZK proofs, sub-millisecond matching and no-code vaults. ➤ Governance. Submitted a CFTC comment letter on conflicts and affiliations. Proposed expansion into US-regulated derivatives markets through governance. ➤ Volume. $3.47B month to date, including $2.94B in options and ~$4B open interest. ➤ Trading. Added RFQ Price Protection, PUMP and VVV markets as well as LIT as collateral. ➤ HYPE. Integrating Elysium by @Kinetiq_xyz. Launched Road to Expiry with Kinetiq, a HYPE options contest with a ~$40k prize pool. Lowered margin and more borrowing power against HYPE and kHYPE. @DeriveXYZ on X ↗ |
| 10-30 14:20 | Listing | LIT is now live as collateral on Derive 🕯️ Deposit LIT and put it to work without selling it: • Margin LIT options and LIT-PERP • Sell covered calls against your LIT • Use it as cross-margin for BTC, ETH, HYPE and alts Keep your exposure to @Lighter_xyz while making your holdings productive. @DeriveXYZ on X ↗ |
| 10-30 03:36 | Product | Expiry day. Check your positions and roll if you need to. ~$11B in BTC options expire at 08:00 UTC. ~$470M expires on Derive: $269M BTC, $103M HYPE, $59M ETH. Max pain ~$78K, P/C ~0.53: still call-heavy after the Fed hold. New: Derive is now integrated with @Otomato for alerts. @DeriveXYZ on X ↗ |
| 10-29 01:06 | Contest | Road to Expiry is live Derive x @Kinetiq_xyz: a HYPE options contest with a ~$40k prize pool. Trade the 13 Nov HYPE expiry. Highest realized ROI wins. Read more👇 @DeriveXYZ on X ↗ |
| 10-28 01:48 | Token | Weekly Buyback #90 Complete 175,393 DRV was purchased at an average price of $0.37. Derive DAO has bought back a total of 28,533,700 DRV. Buybacks are currently allocated 50% of protocol fees. @DeriveXYZ on X ↗ |
| 10-27 13:00 | Contest | To celebrate Derive V3 and Elysium's upcoming launch, we're running an options trading competition with @Kinetiq_xyz. To enter, trade the HYPE options expiring on November 13th, that's all! The top 10 traders by realized ROI share 250 kHYPE, based on each wallet's best position. Additionally, the first 250 new wallets to open a qualifying multi-leg position receive 1 kHYPE each. Full details: @DeriveXYZ on X ↗ |
| 10-21 21:04 | Token | Weekly Buyback #89 Complete 148,932 DRV was purchased at an average price of $0.40. Derive DAO has bought back a total of 28,358,307 DRV. Buybacks are currently allocated 50% of protocol fees. @DeriveXYZ on X ↗ |
Volumesince Sep 18
Open interest
$84.6M↗ 44.9%90D
Table, every 3rd day
| Day | Volume | Open interest | Share of DEX volume |
|---|---|---|---|
| Oct 13, 2026 | $0 | $84.6M | 0.0% |
| Oct 10, 2026 | $0 | $84.6M | 0.0% |
| Oct 7, 2026 | $0 | $84.7M | 0.0% |
| Oct 4, 2026 | $15.4M | $90.5M | 0.1% |
| Oct 1, 2026 | $44.3M | $85.0M | 0.2% |
| Sep 28, 2026 | $30.0M | $88.3M | 0.1% |
| Sep 25, 2026 | $69.8M | $85.4M | 0.3% |
| Sep 22, 2026 | $49.6M | $90.8M | 0.2% |
| Sep 19, 2026 | $50.5M | $76.9M | 0.4% |
| Sep 16, 2026 | — | $57.1M | — |
| Sep 13, 2026 | — | $52.9M | — |
| Sep 10, 2026 | — | $54.7M | — |
| Sep 7, 2026 | — | $61.8M | — |
| Sep 4, 2026 | — | $64.8M | — |
| Sep 1, 2026 | — | $73.7M | — |
| Aug 29, 2026 | — | $81.0M | — |
| Aug 26, 2026 | — | $85.7M | — |
| Aug 23, 2026 | — | $88.1M | — |
| Aug 20, 2026 | — | $79.9M | — |
| Aug 17, 2026 | — | $59.5M | — |
| Aug 14, 2026 | — | $54.6M | — |
| Aug 11, 2026 | — | $56.6M | — |
| Aug 8, 2026 | — | $58.7M | — |