Derive

Derive Trading Insights Report: October 2024

Derive Trading Insights Report: October 2024

Introduction As we approach the US presidential election, there has never been a more exciting time to follow crypto options trading. I am delighted to share Derive.xyz’s Trading Insights Report for October 2024, which reveals critical dynamics in the Bitcoin and Ethereum markets as they evolve in this

Derive Builder Grants

Derive Builder Grants

Application Form: https://docs.google.com/forms/d/e/1FAIpQLSfgZNENQ_QEL6t4svINlgIT2gU0vBtPtrybiDfIgLi_NYCrKQ/viewform Build Grants Framework: https://www.notion.so/lyra-finance/Derive-Builders-Grants-12a03b51517e8042bb2cfaa2c12732e9?pvs=4 We are excited to announce the launch of the Derive Builder Grants program, supported by the Optimism Governance Fund. This initiative recognizes and rewards community contributions,

22+ Perps DEX airdrop and points farming program compared

22+ Perps DEX airdrop and points farming program compared

Trade on Derive and earn up to 20,000 OP via airdrop Trade Now What you’ll learn: • How to participate in the Perpetual DEX airdrop and earn rewards. • A detailed breakdown of the Points Program, including how points are accumulated and what they can be used for. • Key dates

Derive Trading Insights Report: September 2024

Derive Trading Insights Report: September 2024

Derive September Report0:00/489.0881× Introduction I'm excited to share our inaugural Derive Trading Insights Report: September 2024, as we track key market trends across open interest movements, volatility metrics, realized vs. implied volatility, and options trading strategies for ETH and BTC. We also dive into the

Interest Bearing Collateral

Interest Bearing Collateral

The decentralized finance (DeFi) landscape is undergoing a renaissance. Amidst the remnants of past cycles, a new era is unfolding—focused on building applications that users genuinely want. At Derive, we're leading this revival by introducing interest-bearing collateral to our trading platform. For the first time on any

Variable Rate Lending

Variable Rate Lending

We are excited to announce that variable interest lending is now live on Derive. You can now borrow USDC against a variety of collaterals, including: * weETH, rsETH, rswETH * LBTC * sUSDe, USDe * cbBTC Key Features: * Competitive Interest Rates: Benefit from variable rates that adjust with market conditions, potentially lowering your borrowing

Derive Airdrop

Derive is doing an airdrop where users can earn a DRV allocation in three ways: 1. Trade: Earn points based on the pro-rata fees you generate through options and perpetuals trading. 2. Yield: Earn points based on amount you deposit to vaults. 3. Invite: Earn bonuses by referring new traders

LBTC Vaults

TL;DR: * Maxi Strategy: Earn yield in down, sideways, or up markets by selling put spreads with capped downside risk. * Safe Harvest Strategy: Earn yield in up, sideways, or down markets by selling call spreads while retaining potential gains. * Benefits: Generate passive income on your LBTC holdings with controlled risk.

Lyra is now Derive

Lyra is now Derive

Lyra is now Derive Full Details: https://x.com/derivexyz/status/1828607400116658227 3 years, 2 bear markets, 1 rebrand. Lyra is now Derive. We're evolving. As the DeFi landscape continues to transform, Derive is committed to pioneering the growth of onchain options. Our goal is to play a

Free Token Program

Free Token Program

TL;DR * Derive's new Free Token Program rewards you and your friends with crypto tokens for referring and completing onboarding tasks. * Invite friends, join Discord, follow Twitter, and deposit $100 to win tokens like ETH, ENA, PENDLE, ETHFI, and BITCOIN. * Visit derive.xyz to get started. Rules 1.

C-Tokens; Derivatives Yield for LRTs

C-Tokens; Derivatives Yield for LRTs

Today, Derive, is pleased to announce the launch of a new covered call strategy using rswETH from Swell and weETH from EtherFi as collateral. This program offers ETH holders a sustainable way to generate additional income through an automated, tokenized strategy. This will be the first of many strategies implemented

One-Click Spreads

One-Click Spreads

TL;DR * One-click spreads are live on Derive, enabling you to craft any payoff in a single order * Traders can now comfortably realize profits on in-the-money positions without needing to worry about gaps in liquidity * Individual leg risk, slippage, and front-running are eliminated, and upfront capital requirements are drastically reduced

Derivatives Yield On EigenLayer

Derivatives Yield On EigenLayer

TL;DR * Derive is launching a new primitive to tokenize derivatives yield — any yield-bearing derivatives trade can be automated and packaged up into a composable erc20 * This new primitive will support the dynamic EigenLayer restaking ecosystem, as new AVSs and LRTs create demand for optimal and sustainable yield * We are

DRV Farming Program

DRV Farming Program

TLDR * DRV is the new utility token for the Derive Derivatives Network; an ecosystem including a Chain, Protocol, Exchange and Wallet * The DRV Farming Program allows LYRA holders to farm DRV, starting today * LYRA balances will be snapshotted on May 8 and migrated 1:1 to DRV — DRV has the

0DTE Options: The Most Powerful Tool in Finance

0DTE Options: The Most Powerful Tool in Finance

TLDR * Zero days to expiration (0DTE) options have taken markets by storm * 0DTE crypto options offer a uniquely attractive value proposition * Low-cost and minimal max loss * Higher volatility than TradFi 0DTE options on high beta tech stocks * No liquidation risk despite having higher leverage than perps * Transparency, self-custody, and 24/

0DTEs: Stocks vs Crypto options

0DTEs: Stocks vs Crypto options

"Options provide the cheapest access to leverage." After almost two years of down-only price action, the skies are clearing and the bulls are charging through the streets. Crypto options are so back. Since the last bull-cycle, 0 Days to Expiration (0DTE) options have rocketed in popularity. This blog

Best Options Trading Tutorials

Best Options Trading Tutorials

For those venturing into the world of options trading, the journey may initially appear overwhelming. Fortunately, the digital landscape is rich with educational content designed to unravel the complexities of this intricate field. Through a careful examination of numerous online tutorials, we have curated a list of the top five

The Basis Trade on Derive

The Basis Trade on Derive

TLDR Savvy traders are earning superhuman yields basis trading on Derive: * The basis trade is the godfather of non-directional, interest-bearing crypto trading strategies * Basis trading yields are the most bountiful in bull markets * Traders are currently earning ~$5 in DRV rewards per $1 in fees paid * You can farm basis

Introducing Cross-Asset Collateral & Portfolio Margin

Introducing Cross-Asset Collateral & Portfolio Margin

TLDR * Derive has officially democratized capital efficiency — portfolio margin, cross-asset collateral, and multiple accounts are live on Derive for all traders * This is novel for options and perps — a first-of-its-kind feature offering in DeFi * Users can now create up to 32 subaccounts to compartmentalize risk * Portfolio margined subaccounts on Derive

BTC ETF PVP

TLDR * The BTC ETF PVP trading competition marks the first phase of the Derive rollout, with the final phase slated for early January. It aims to: * Concentrate liquidity on a single asset (BTC) and expiry (Jan. 12th) * Create the highest-ever BTC options OI expiry in DeFi * Make V2 the most

Derive Liquidation Engine

Derive Liquidation Engine

Partial liquidations are an essential aspect of the V2 overhaul - they swiftly remove risk from the system and ensure a maximally beneficial user experience for traders. The market impact of liquidations is reduced by closing over-extended positions incrementally, decreasing the likelihood of insolvency and cascading liquidations. Liquidating positions incrementally

Can an orderbook be a public good?

Can an orderbook be a public good?

The Derive Matcher is going open-source! There is much duplicate work being done on orderbooks in crypto, and much more to be done still, as the crypto techstack rapidly evolves. We felt it would only benefit the DeFi ecosystem, and ultimately our users, to open up the first all-in-one self-custodial

Derive: Harder, Better, Faster, Stronger

Derive: Harder, Better, Faster, Stronger

We know Derive is coming. We know it’s made for pro traders. And we know it’s the most scalable derivatives protocol yet. But how did we build it all onchain? It’s time to find out how we leveraged the OP Stack to build Derive Chain and make

A Technical Overview of Derive

A Technical Overview of Derive

The Derive protocol is the culmination of 12 months of rigorous research and development. In this blog post, we deep dive into the key features of the protocol’s design, including its modular architecture, subaccount and asset management innovations, permissionless onchain risk checks and liquidations, and strategic trade-offs that contribute

Derive: The DEX For Pro Traders

Derive: The DEX For Pro Traders

Despite comprising the vast majority of the decentralized crypto options market, trading over $1.5bn in notional volume, more than all other options DEXes combined, Lyra V1 was not fine-tuned for the discerning demands of smart money. The time is ripe for that to change. Enter Derive, a fully redesigned,