
24h high
$0.4817
24h low
$0.3713
24h vol (DRV)
11.85M
24h vol(USDT)
4.76M

Derive, formerly known as Lyra, is an institutional-grade onchain derivatives protocol built as an Ethereum optimistic rollup. It offers options, perpetuals, and spot trading with portfolio margin, cross-asset collateral support, and a high-performance Rust-powered orderbook. DRV is the protocol's governance token, enabling staking and on-chain governance. The platform is backed by institutions including GSR and Framework Ventures, and has been featured in Forbes, Bloomberg, and CoinDesk.