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 to the platform.

An OP Rewards Bonus has also been added to reward our supporters.

Trade

Trade options and perpetuals on Derive to earn OP and your DRV allocation. Each $1 in fees earns 10k DRV points. OP Incentives are distributed pro-rata based on the fees you generate. For example, if you contribute 10% of the total fees in a given week, you'll earn 10% of the reward pool.

Top 25 Bonus: If you rank among the top 25 traders in a week, your fees will count double, giving you an extra edge in earning rewards.

Yield

Deposit tokens into Derive to earn points. Depositors earn 1 point per $1 deposited per day. Balances are based on the users’ total account value in the protocol.

Invite

For every trader you refer, both you and the trader will receive a 50 OP bonus as well as:

• 10% of referred fees paid in ****USDC.
• 20% of referred fees paid in DRV.
• 10% of secondary referred fees paid in DRV.

A referred user must:

1. Sign up using the referrer’s referral link.
2. Deposit into their funding account on the exchange.
3. Trade. A minimum of $100 in fees is required for the OP bonus.

The program kicks off on September 18th at 12:00:00 AM UTC.

Derive is the infrastructure layer for DeFi derivatives, visit derive.xyz.