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

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 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

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.

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

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

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

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

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/

"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

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

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

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

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

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

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

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

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

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,

TLDR Derive is a spot, perpetuals and options trading platform designed to be secure, performant and easy to use: * Derive Protocol, a decentralized settlement protocol for spot, perpetuals and options trading. * Derive Chain, an OP stack rollup providing high throughput, low cost settlement of transactions to Ethereum mainnet. * Support for