Nick Forster | Derive (@nickforster) / X

Nick Forster | Derive

1,339 posts

Nick Forster | Derive

@nickforster

cofounder and CEO @DeriveXYZ

Joined June 2015

Pinned
Nick Forster | Derive
@nickforster
Mar 11
The vision for Derive - which a lot of people get wrong - is not just onchain Deribit. We’re building the infinite payoff factory: any payoff, on any asset, 24/7. Tailored yield generation, hedging, and speculation at institutional scale that can wrap around any high quality
70K
Nick Forster | Derive
@nickforster
Jan 10, 2025
first billion dollar week first billion dollar day 🔜
99K
Nick Forster | Derive
@nickforster
Jul 27, 2023
It’s time to share our vision for Lyra V2. ❇️ A self-custodial, modular, performant stack for on-chain derivatives trading.
Announcing Lyra V2
From paragraph.com
54K
Nick Forster | Derive
@nickforster
May 21, 2025
After a week of active engagement and discussion with our community, partners, and core contributors, we have come to the conclusion that the proposal from Synthetix doesn’t make commercial sense for the Derive community, and that both Derive and Synthetix should continue to
13K
Nick Forster | Derive
@nickforster
Jan 11, 2025
Derive 2025 Roadmap: Triple Threat
44K
Nick Forster | Derive
@nickforster
Jun 13, 2025
$5m in total fees generated for Derive v2 since launch early last year We have the most technically advanced derivatives exchange in crypto, all the puzzle pieces are here Next 6 months is about putting them all together
49K
Nick Forster | Derive
@nickforster
May 8, 2025
1/ Coinbase just bought Deribit for $2.9B. Most won’t realize how smart this is. But if you understand how options markets work, it’s clear: they just locked in the most defensible position in crypto derivatives...
8.9K
Nick Forster | Derive
@nickforster
Dec 31, 2024
What a year it’s been. From $7m TVL and averaging $3-4m in volumes a day with a new protocol launch, to $115m TVL and putting up $2.4bn in volume in December alone. It’s been difficult to find time to reflect properly as we’ve been building out the product this year and scaling
11K
Nick Forster | Derive
@nickforster
Jan 7, 2024
Decided to exclusively use modular systems in all aspects of my life, on and off chain
30K
Nick Forster | Derive
@nickforster
Nov 20, 2024
What if trading felt less like an exam and more like a conversation? AI and options together could make this a reality—turning complexity into clarity and unlocking the potential for onchain markets to scale like never before. Here’s how I think this plays out in 2025 🧵
110K
Nick Forster | Derive
@nickforster
Jun 23, 2025
Derive Pro is a serious upgrade that is more than a facelift, we now have: - Market leading portfolio margin + cross margin - High performance Rust CLOB - Native RFQ - 1-year options - 20+ perp listings Forget decentralized Nasdaq, we're building the onchain CME
23K
Nick Forster | Derive
@nickforster
Sep 29, 2024
One-year expiries are live on @derivexyz 🕗 You can now trade ETH and BTC options out to September 2025—offering long-term, liquidation-free leverage. A DeFi first, unique to Derive 🧵
13K
Nick Forster | Derive
@nickforster
Jan 6, 2025
#8 in perps volume alone, might be our first billion dollar week
6.2K
Nick Forster | Derive
@nickforster
Feb 27, 2024
Just dropped my 2024 roadmap post for Lyra, Harvest Moon. The Lyra community has been planting seeds for 2 long years, it's time to reap what has been sowed. The future of DeFi options has never been brighter👇
19K