Derive.xyz

@DeriveXYZ

Derive (prev. Lyra) | The Leading Onchain Options Platform w/BTC, ETH & HYPE. Deep liquidity. Seamless onboarding. Lowest fees. Institutional-grade custody.

Onchain

derive.xyz

Joined February 2021

50 Following

107.8K Followers

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Derive.xyz
@DeriveXYZ
Oct 12
A new governance proposal to pursue Derive's expansion into US-regulated derivatives markets is live on the Derive forum. Community members are encouraged to review the proposal and join the discussion: forums.derive.xyz/t/dip-expand-d…
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Derive.xyz
@DeriveXYZ
Oct 23
Big LIT options flow on Derive 🕯️ A trader sold $330k notional of LIT calls expiring 25 December, collecting $31k in premium upfront. TL;DR: they’re selling upside roughly ~36% above spot into year-end.
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Derive.xyz
@DeriveXYZ
Oct 23
Derive V3 started with one question: how do you scale an onchain derivatives exchange without moving settlement away from Ethereum? Our answer was to build an application-specific rollup for derivatives, with Celestia for data availability, Succinct for proofs and Ethereum for
Celestia
Celestia
@celestia
Oct 23
Derive, the leading onchain options exchange with over $40B in cumulative trading volume, has used Celestia for nearly 3 years. With V3 now live, we spoke to the Derive team about what changed in the upgrade and why they continue to build on Celestia. Here's what we learned👇
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Derive.xyz
@DeriveXYZ
Oct 21
Weekly Buyback #89 Complete 148,932 DRV was purchased at an average price of $0.40. Derive DAO has bought back a total of 28,358,307 DRV. Buybacks are currently allocated 50% of protocol fees.
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Derive.xyz
@DeriveXYZ
Oct 21
Derive V3 is live. More builders. More LPs. More assets. More launches coming. 🔥
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