Derive V2 (DRV)
Trade options, perps and spot on the most powerful self-custodial exchange.
Total Value Locked
$156.25M
30d Change
+31.3%
Category
Derivatives
7 chains
TVL — last 180 days
TVL by chain
| Chain | TVL | Share |
|---|---|---|
| Hyperliquid L1 | $47.99M | 30.7% |
| Base | $39.10M | 25.0% |
| Optimism | $29.33M | 18.8% |
| Ethereum | $20.05M | 12.8% |
| Arbitrum | $19.78M | 12.7% |
About Derive V2
Derive V2 is a derivatives protocol deployed across 7 chains, led by Base, Ethereum, Hyperliquid L1. Total value locked measures the assets currently deposited in its smart contracts — see our TVL definition for how to interpret it. Compare Derive V2 against the wider market on the live protocol rankings, or explore current yields across DeFi.
Official website: https://app.derive.xyz