Arcus vs Derive
A side-by-side comparison of two perpetual DEXs using the same sources and capture time. Larger is not automatically better: check fees, markets, collateral and access rules for your own use.
- Arcus holds 1.1× the open interest of Derive ($84.22M vs $78.26M).
- Over the last 30 days traders paid $1.17M in fees on Arcus and $183.54K on Derive.
- Arcus’s average open interest moved +136.0% over 30 days.
 Arcus |  Derive | |
|---|---|---|
| Open interest | $84.22M | $78.26M |
| OI rank (of 50) | 12 | 13 |
| OI change · 30d | +136.0% | — |
| Volume · 24h | $367.26M | $74.46M |
| User fees · 30d | $1.17M | $183.54K |
| Fees change · 30d | +218.5% | +14.5% |
| Trend | Growing | Stable |
| Chains | Robinhood Chain | Ethereum |
| Model | Not classified yet | Not classified yet |
| RWA markets | Yes | Yes |
| Token | None verified | DRV |
| Base trading fees | Taker 0.0225% · maker 0% ↗ | Taker 0.03% · maker 0.01% ↗ |
| Max leverage | 50× ↗ | 15.15× ↗ |
| Collateral | USDG (deposits converted to USDG) ↗ | USDC, USDT, USDe/sUSDe, ETH/wstETH/weETH, BTC variants (WBTC, cbBTC, LBTC), SOL, HYPE, XAUT and others ↗ |
| KYC | Not verified | Not verified |
| Referral program | Yes; any discount for the referred trader is set by the referrer ↗ | Not verified |
Open interest over time
- Arcus $84.33M
- Derive $78.20M
DefiLlama daily open interest. Missing days are left as gaps. The scale starts at zero.
Open interest and fees: DefiLlama, captured 10 Oct 2026 · 00:25 UTC. 24h volume: CoinGecko derivatives exchange data (rolling 24 hours, converted from BTC), captured 10 Oct 2026 · 00:25 UTC. Token prices and 30-day price change: CoinGecko, at the time shown on each venue page; a parent-project or chain token is labelled and is not evidence of a claim on exchange revenue. Changes compare the last 30 days with the previous 30 days (OI as a daily average, fees as a total) and need at least 95% daily coverage. A trend label needs the 30-day move to pass a threshold (OI ±25%, fees ±30%) on a minimum base (OI ≥ $5M, fees ≥ $100K per 30 days); with 90 days of history both horizons must agree. Venue-reported volume is not audited; ⚑ marks volume above 25× open interest. “—” means unavailable, never zero. Full method ↗