data as of
Settings8H · net · $10k
Exchanges /

Derive

DEXDerive Chain
Volume 24h$78.7M
Open interest$89.9M
Markets15
Max leverage15.149999618530273x
BTC funding /8h+0.0100%
BTC paid 30d+0.478%

Before you deposit

DataLiveupdated 13:57 UTC from the exchange API
LiquidityDeep$89.9M open interest
Real volumeNormalvolume is 0.9x open interest a day
Book depthUnknownno order-book sample of its BTC market
KYCNoneon-chain, you keep custody

Markets

15 markets
AssetPriceFunding /8hEveryOIVol 24hMax lev
BTC BTC-PERP85,536.5+0.0100%1h$27.6M$50.8M15x
XAUT XAUT-PERP4,349.6+0.0100%1h$1.8M$131K10x
ETH ETH-PERP2,738.8+0.0518%1h$40.3M$18.4M15x
ZEC ZEC-PERP1,537.4+0.0100%1h$504K$198K6.7x
BNB BNB-PERP795.48+0.0100%1h$30K$2K10x
SOL SOL-PERP118.22+0.0029%1h$1.8M$2.3M13x
HYPE HYPE-PERP94.881+0.0100%1h$16.9M$6.7M10x
VVV VVV-PERP32.417+0.0100%1h$433$3435x
LINK LINK-PERP13.047+0.0100%1h$30K$6K10x
LIT LIT-PERP4.9890+0.0100%1h$2K$1K6.7x
XRP XRP-PERP1.4919+0.0100%1h$803K$63K10x
ADA ADA-PERP0.2448+0.0100%1h$40K$3K5x
CC CC-PERP0.1150+0.0100%1h$5K$30K6.7x
DOGE DOGE-PERP0.09347+0.0100%1h$23K$1K10x
PUMP PUMP-PERP0.004388+0.0100%1h$5K$3K6.7x

News from Derive

all
09-17 13:53ProductWe support EIP-8198 (Quick Slots) and @ethlabs_org’s push for faster Ethereum blocks! Great read on the trading costs of slow blocks. Our own @josh_pwrk explains how arbitrageurs could take less price risk while waiting for their L1 spot trades to land, letting them step in on smaller price gaps and help keep spreads tight. We're bringing Derive V3 to Ethereum L1, so we’d love to see this ship. @DeriveXYZ on X ↗
09-17 09:17ListingThe $ZEC 26 March 2027 expiry is now live. Six months of tenor open for quoting. @DeriveXYZ on X ↗
09-15 21:00TokenWeekly Buyback #84 Complete 199,760 DRV was purchased at an average price of $0.14. Derive DAO has bought back a total of 27,645,461 DRV. Buybacks are allocated 35% of protocol fees. @DeriveXYZ on X ↗

About Derive

Derive is a decentralized perpetual futures exchange on Derive Chain. It lists 15 active markets, traded $78.7M in the last 24 hours and holds $89.9M in open interest, #25 among the perp DEXs we track.

Funding settles every 1h. BTC longs pay +0.0100% /8h right now and paid 0.478% over the last 30 days.

Key facts

Type
DEX
Chain
Derive Chain
Rank by volume
#25 of 46
Max leverage
15.149999618530273x
Funding paid
every 1h
Taker / maker
0.030% / 0.010%
Token
none yet
Airdrop
Tracked since
2026-09-18
Links
app · site · docs · X

Funding arb here

all
BTClong here, Hyperliquid+0.0052%
ETHshort here, Hyperliquid+0.0260%
SOLlong here, Hyperliquid+0.0185%
XRPlong here, Hyperliquid+0.0536%
HYPEshort here, Lighter+0.0004%

Price arb here

all
BTClong here, Hyperliquid+0.131%
ETHlong here, Hyperliquid+0.016%
SOLlong here, Hyperliquid+0.111%
HYPElong here, Hyperliquid+0.096%

Changes

listings, fees, intervals
None since 2026-09-18.

BTC funding per day

14 days, positive means longs paid
−0.011%+0.016%−0.005%+0.011%+0.018%+0.027%+0.015%+0.012%+0.018%+0.019%+0.010%+0.032%−0.012%+0.025%+0.032%0−0.032%8101214161820