Derive V2 (DRV)
Total Value Locked$69.81m
TVL by Chain
OP Mainnet$20.57m
Ethereum$18.47m
Arbitrum$13.13m
Base$12.23m
Hyperliquid L1$5.41m
Blast$0
Mode$0
Key Metrics
Fees (Annualized)$1.72m
Fees 30d$140,628
Fees 7d$27,711
Fees 24h$6,373
Cumulative Fees$6m
Revenue (Annualized)$808,616
Revenue 30d$66,280
Revenue 7d$11,198
Revenue 24h$2,485
Cumulative Revenue$122,324
Holders Revenue (Annualized)$0
Holders Revenue 30d$0
Holders Revenue 7d$0
Holders Revenue 24h$0
Cumulative Holders Revenue$0
Perp Volume 30d$418.72m
Perp Volume 7d$91.54m
Perp Volume 24h$17.24m
Cumulative Perp Volume$10.318b
Open Interest$29.4m
Total Raised$0
Feb 2, 2026Round: Investors: VariantSource: https://x.com/derivexyz/status/2018337493624430835
Protocol Information
Trade options, perps and spot on the most powerful self-custodial exchange.
Category:Derivatives
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Gross trading fees charged to users across Derive markets (makerFees + takerFees) from stats-api.derive.xyz/fees over the requested period.View code on GitHubRevenue: Equal to Fees (gross trading fees subtracting rebates).View code on GitHubHolders Revenue: Fees going to governance token holdersView code on GitHubPerp Volume: Notional volume of all trades in the protocol, includes leverageView code on GitHubIncome Statement for Derive V2
| Q1 2026* | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Fees | $222,094 | $354,197 | $381,540 | $317,896 | $1.44m | $1.43m | $676,982 | $722,343 | $451,313 | $7,702 |
| Revenue | $103,821 | $18,503 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Earnings | $103,821 | $18,503 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Token Holder Net Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |