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Derive Price

$ 0.3963(0.00%)
DRV Price Chart
Derive Market Information
$ 0.5088
0.00%
0.00%
0.00%
108
23,102,595.27
$ 396,231,778.87
999,651,282.57
Information
Issue Date
Initial Offering Price--
Max Supply
1,500,000,000.00
Circulating Supply999,651,282.57
Listed Exchanges4
Incentive Mechanism
Encryption Algorithm--
Derive Price History
Over the past year, the Derive price has decreased by 0.00%. During this period, the highest price of Derive against USD was -- and the lowest price of Derive against USD was --.
TimeChangeHighLow
24H0.00%----
7D0.00%----
30D0.00%----
All0.00%----
About Derive

Derive is an options automated market maker (AMM) that allows traders to buy and sell cryptocurrency options based on liquidity pools. Liquidity providers (LPs) deposit sUSD (a stablecoin) into one of Derive's market maker vaults (MMVs) for a specific asset. This liquidity is used to create a two-way (buy and sell) options market for the asset designated by the vault (e.g., ETH market maker vault LPs quote options on ETH). LPs deposit liquidity into the vault to earn fees paid when trading options. Traders use Derive to trade options. They can either buy options from the MMV or sell options to the MMV. Traders pay fees (in the form of market maker spreads) to LPs as compensation for their liquidity.

Derive News
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