Derive is a decentralized perpetual futures exchange on Derive Chain. It lists perpetual markets on traditional assets such as stocks, commodities or FX alongside crypto.
Open interest$84.63M#15 of 91 · 0.6% share
Volume · 24h$112.68MRolling 24h · CoinGecko
Fees · 30d$181.52K+16.8% vs prior 30d
OI · 30d change+8.4%Daily average vs prior 30 days
United States persons/residents, Australian tax residents, Ontario residents, Restricted/Sanctioned Persons, UK (only investment professionals/HNW entities) source ↗
From Derive’s own documentation, terms, API or official posts, checked 08 Oct 2026. Terms change; confirm on the venue before trading. “Not verified yet” means we could not confirm it from an official source.
IS IT GROWING?
Derive trend: Stable
0 metric(s) up, 0 down, 2 without a material change. The label counts metric directions; it is not a score and not investment advice.
Rank by open interest: #15 now · #15 30 days ago · #18 90 days ago (among venues reporting that day)
Metric
30 days
90 days
Coverage
Reading
Open interest
+8.4%
+104.3%
100%
30-day and 90-day moves disagree
User fees
+16.8%
-42.7%
100%
30-day and 90-day moves disagree
Trading volume
—
—
2%
Not enough daily history yet
Thresholds: open interest ±25%, fees ±30%, volume ±40% over 30 days; the 90-day move must agree at half the threshold. Incentive campaigns can lift activity temporarily.
HISTORY
Activity over time
Open interest · daily
DefiLlama daily open interest · 180 days · 12 Apr 2026 – 08 Oct 2026
$84.63M
Gaps are not joined. The scale starts near the series minimum, not at zero.
User fees · daily
DefiLlama daily user fees, complete UTC days · 180 days · 09 Apr 2026 – 05 Oct 2026
$4.97K
Gaps are not joined. The scale starts near the series minimum, not at zero.
24h volume · daily capture
CoinGecko rolling 24h volume, one capture per UTC day
Daily volume history started on 8 October 2026; the chart appears after the second daily capture.
Trade options, perps and spot on the most powerful self-custodial exchange.
Derive had $84.63M of open interest according to DefiLlama on 08 Oct 2026 · 12:17 UTC, ranking #15 of 91 perp DEXs we track by open interest. That is 0.6% of the combined open interest of the tracked venues.
How much volume does Derive trade per day?
CoinGecko reported $112.68M of rolling 24-hour volume for Derive on 08 Oct 2026 · 12:16 UTC. Venue-reported volume is not independently audited.
How much do traders pay in fees on Derive?
Traders paid $181.52K in fees over the last 30 days according to DefiLlama, +16.8% compared with the previous 30 days.
Is Derive growing?
Our current reading is “Stable”. Average open interest over the last 30 days changed +8.4% versus the prior 30 days. The reading updates daily and requires sufficient history and a minimum base.
Does Derive have a token?
Yes, DRV. It traded at $0.3729 with a market cap of $372.70M on 08 Oct 2026 · 12:15 UTC (CoinGecko). Token ownership does not by itself entitle holders to exchange revenue.
What are Derive’s trading fees?
Taker 0.03% · maker 0.01% at the base tier, according to Derive’s fee documentation. Higher-volume tiers and promotions can differ.
What is the maximum leverage on Derive?
Up to 15.15× on some markets, according to Derive’s documentation. Most markets allow less.
Open interest and fees: DefiLlama, captured 08 Oct 2026 · 12:17 UTC. 24h volume: CoinGecko derivatives exchange data (rolling 24 hours, converted from BTC), captured 08 Oct 2026 · 12:16 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 ↗
