Derive V3 is live.
The migration completed successfully and trading has resumed.
We've rebuilt Derive to compound our growth in onchain options, with custody on Ethereum, ZK proofs for margin and settlement, and sub-millisecond order matching.
What does this entail?
โค Launch no-code vaults and earn fees
โค Free up capital with ETH + BTC risk offsets
โค Earn and borrow across ETH, WBTC, HYPE + USDC
โค Faster listings across crypto and RWAs
โค Build and monetise apps on Derive with less setup
We'll build on this foundation with new markets, vaults and partner integrations over the coming weeks.
5+ years on onchain options: