What is DERIVE(DRV)?

Basic information about DRV

Coin name:

Derive

Coin symbol:

Coin introduction:

Derive is a decentralized protocol that creates programmable onchain options, perpetuals, and structured products. Derive is deployed and operates on Derive Chain, an Ethereum rollup built using the OP stack and is the home of the Derive Protocol. It is a permission-less smart contract platform. The Derive DAO earns trading fees from the Derive Protocol and gas fees from the Derive Chain, governed by DRV token holders. Trading fees accrue to an insurance fund to foster robustness of the protocol and rollup. Derive has built an AI-powered trading app built for pro traders. In collaboration with Messari, Derive Pro translates market views into trades. The agent then prepares transactions for users and leverages smart contract wallets to make trades one-click, gasless and chainless. The app will support spot, perps and options trading on Derive, and will also plug in to spot AMMs on L2s like Optimism, Arbitrum and Base.

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Current Price:

$0.066664More coin details

All-time high:

$0.228265

All-time low:

$0.012436

DRV Supply Info and Tokenomics

Circulating supply:

862M

Total supply:

1,500M

Max supply:

1,500M

Market cap:

$57.500M

Fully diluted valuation:

$99.996M

What is the outlook and future value of DRV?

The current market cap of DRV is $57.500M, ranked 589 in the market, showing that the market already recognizes the value of DRV. When a bull market arrives, the market cap of DRV may continue to grow.

Moreover, if DRV can play a greater role in real-world applications—such as if the Monero developers can fully empower DRV and establish partnerships with more business partners to expand its user base—then the long-term value of DRV will be further enhanced.

What is the price of DRV in 2027?

According to the historical price performance prediction model of DRV, the price of DRV is expected to reach $0.069997 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get DRV?

Purchasing DRV with cash is not the only way to obtain DRV. If you have enough time, you can get DRV for free.

Learn how to get Hot rewards for free with DRV.

Earn free DRV by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get DRV airdrops for free.

All crypto airdrops and rewards can be exchanged for DRV through LBank spot trading.

Buy DRV starting from $1

What is DRV used for and how to use it?

The use cases for DRV may grow with the development of the crypto market and project progress. Currently, you can use DRV to:

Arbitrage trading of DRV

DRV is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many DRV trading pairs to suit your needs.

Earn yield with DRV

You can also lend out DRV or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your DRV gains.

Send or pay with DRV

If you want to pay someone with DRV, you can easily and quickly send DRV to them using their receiving address.

You can also visit the official website of Derive to learn more use cases of DRV, such as whether the Derive project supports community/eco apps or buying physical or virtual goods with DRV.