Derive

About Derive

Derive (DRV) is a decentralized protocol for trading onchain options, perpetuals, and structured products. It operates on Derive Chain, an Ethereum rollup built using the OP Stack, enabling permissionless smart contract execution. What sets Derive apart is its AI-powered trading app, Derive Pro, developed in collaboration with Messari, which translates market views into one-click, gasless, and chainless trades using smart contract wallets. The DRV token governs the Derive DAO, which earns trading fees from the protocol and gas fees from the chain, with fees flowing into an insurance fund to support protocol stability.