Derivatives
Derive V2
Total TVL
$113.68M
Active pools
0
Chains supported
7
Official site: https://app.derive.xyz ↗
Overview
Derive V2 is a derivatives protocol that enables users to trade futures and options contracts without holding the underlying assets. Participants can generate income through trading fees or by providing liquidity to earn rewards.
The protocol holds $132M in TVL across 5 chains: Hyperliquid L1, Arbitrum, Optimism, Base, and Ethereum. Hyperliquid L1 leads with a 32% share, followed closely by Arbitrum at 23%, indicating a multi-chain presence but with significant concentration on Hyperliquid L1. The distribution suggests that the protocol is diversifying its footprint beyond established Layer 1s like Ethereum.
No public audit references are available for Derive V2. Token economics data is unavailable, making it difficult to assess the relationship between market cap and TVL. The protocol has an official surface area at derive.xyz.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
TVL history
FAQ
› What is Derive V2?
Trade options, perps and spot on the most powerful self-custodial exchange.
› How much TVL does Derive V2 have?
Derive V2 has $113.68M in total value locked across all supported chains as of the last refresh.
› How many active pools does Derive V2 have?
We currently track 0 active pools for Derive V2.
› Is Derive V2 audited?
Audit information is not available in our data. Always check the protocol's official documentation before depositing.
See our methodology for how this data is collected.