Derive

About Derive

Derive is a decentralized protocol that creates programmable onchain options, perpetuals, and structured products. It operates on Derive Chain, an Ethereum rollup built using the OP stack, and is a permission-less smart contract platform. The Derive DAO earns trading fees from the protocol and gas fees from the chain, governed by DRV token holders. Trading fees accrue to an insurance fund to enhance protocol robustness. Derive also offers an AI-powered trading app, Derive Pro, which translates market views into trades, preparing transactions for users and leveraging smart contract wallets for one-click, gasless, and chainless trading. The app supports spot, perps, and options trading on Derive and integrates with spot AMMs on L2s like Optimism, Arbitrum, and Base.

• Derive is built on Derive Chain, an Ethereum rollup using the OP stack.
• The Derive DAO earns both trading fees from the protocol and gas fees from the chain.
• Trading fees are directed to an insurance fund to support protocol and rollup robustness.
• Derive Pro, developed in collaboration with Messari, uses AI to translate market views into trades.
• The trading app aims to make trades one-click, gasless, and chainless using smart contract wallets.