DRVMarket cap rank 267

Derive (DRV) price and heat score

$0.094388
24h -4.5% · 7d -2.9% · 30d -38.8%
18
Heat scoreCOLD▼ -9 vs yesterday
Smart Contract PlatformDecentralized Finance (DeFi)DerivativesOptionsPerpetualsArbitrum Ecosystem

Derive (DRV) trades at $0.094388, down 38.8% over the past 30 days. Its market cap — supply times price — is $94.4M, the 267-largest in crypto. Over a year it is +19% (up), and it sits -59% from its all-time high. On tradability, the book is thin, so incoming money moves the price easily. Taken together, the overall heat score is 18 (COLD). A higher number means more of the conditions for a rally are in place — it is not a price forecast.

One-year chart (daily close; hover for the price)
Candlestick chart (about a year; green = up, red = down; hover for OHLC)
$0.0273$0.0683$0.1093$0.1504$0.191408/1202/1208/11
Each candle shows the open, high, low and close for its period.
Price
$0.094388
Market cap
$94.4M
FDV
$141.6M
24h volume
$722,309
24h / 7d / 30d
-4.5% / -2.9% / -38.8%
From ATH
-58.6%
Circulating / total
67%
Community bullish
67%
CoinGecko poll

⚠ FDV is 1.5x market cap — watch for selling pressure from supply still to unlock

Profile What kind of asset is Derive?

A mechanical read on Derive (DRV) from market data — a first impression to start from, not a verdict.
Market size
Small cap
A small-cap asset in the middle to lower part of the market (ranked #267)
Price swings
Moderate (24h range 4.1%)
Price movement within a normal range
Liquidity (24h volume)
Thin
Volume is very small; even modest orders can move the price a lot
Dilution risk
Moderate (67% circulating)
A meaningful share is still locked; future unlocks are worth watching
Long-term trend
Up over 1 year (+19%)
The direction on a longer time frame
A qualitative summary based on market data. This is not investment advice.

Overview What is Derive

Derive is a decentralized protocol that creates programmable onchain options, perpetuals, and structured products.

Derive is deployed and operates on Derive Chain, an Ethereum rollup built using the OP stack and is the home of the Derive Protocol. It is a permission-less smart contract platform.

The Derive DAO earns trading fees from the Derive Protocol and gas fees from the Derive Chain, governed by DRV token holders. Trading fees accrue to an insurance fund to foster robustness of the protocol and rollup.

Derive has built an AI-powered trading app built for pro traders. In collaboration with Messari, Derive Pro translates market views into trades. The agent then prepares transactions for users and leverages smart contract wallets to make trades one-click, gasless and chainless. The app will support spot, perps and options trading on Derive, and will also plug in to spot AMMs on L2s like Optimism, Arbitrum and Base.

The description is based on public information from CoinGecko.This is information, not investment advice.

Basics How Derive started, and its basic data

Watchlists
4K
How many people track this asset on CoinGecko — a gauge of attention
Launch date, technical design and follower counts come from CoinGecko's public data.

Price detail Price levels for Derive

Key price levels for Derive (DRV). Crypto is divisible, so you can buy well under a whole coin.
Current price
$0.094388
as of 2026-08-14
24h range
$0.094038 – $0.097923
Low to high over the past 24 hours
All-time high
$0.228265
The highest price on record (2025-01-14)
Distance from ATH
-58.6%
A new high would take about 2.4x the current price
All-time low
$0.012437
The lowest price on record (2025-04-07)
Distance from ATL
+659%
About 8x its all-time low
Where it sits in today's range
Low $0Near the bottom of today's rangeHigh $0

Signals Catalysts currently in play (auto-extracted)

💤
Turnover is slow
24-hour volume equals 0.8% of market cap. Trading is quiet, so price moves are likely to stay contained.
🪫
Public repository is quiet
No public commits in the past four weeks (development may be happening in private). Worth confirming the project's continuity separately.
These signals are extracted automatically by deterministic rules from the data on this page — price, volume, unlocks, development activity and chain usage. They do not forecast prices, and they contain no social-media rumour or speculation.This is not investment advice.

Returns Performance by period

Returns over each period, so you can compare short-term momentum against the longer-term trend at a glance. Positive is a gain, negative a loss.
1 hour+0.0%24 hours-4.5%1 week-2.9%2 weeks-0.1%1 month-38.8%200 days+92.8%1 year+18.8%
1 hour
+0.0%
24 hours
-4.5%
1 week
-2.9%
2 weeks
-0.1%
1 month
-38.8%
200 days
+92.8%
1 year
+18.8%
Over the past 30 days it has run about 37 points behind Bitcoin (-2.2%), the market's benchmark. (DRV: -38.8%)
Past performance, which does not guarantee future results.

Supply Who controls the supply

Of the current total supply of 1,500,000,000 DRV, 67% is on the market today. The remaining 33% has been issued but is not circulating — locked, vesting, or held back.
Circulating 67%Issued but locked 33%
Market cap vs FDV (the dilution already priced in)
Market cap
$94.4M
Value of the circulating supply
FDV (fully diluted)
$141.6M
If the entire supply were circulating
Fully diluted valuation is about 1.5x the current market cap, leaving a meaningful amount of future supply still to arrive.

Project Project information and governance

Community sentiment
67%
The share of bullish votes in CoinGecko's poll. Not a price forecast.
Category & ecosystem
Smart Contract Platform Decentralized Finance (DeFi) Derivatives Options Perpetuals Arbitrum Ecosystem Ethereum Ecosystem Optimism Ecosystem
Major venues
Gate, Upbit, Coinbase Exchange, Aerodrome Slipstream 3, Hyperliquid, Uniswap V4 (Base), Aerodrome (Base), Kraken
External links point to each project's own official pages.We do not vouch for what those pages contain.

Exchanges Where is Derive traded?

The venues where Derive (DRV) trades most, by 24-hour volume in USD. Deeper volume generally means orders fill more easily and the price holds steadier.
Upbit
$784,752
Bithumb
$264,061
Gate
$140,013
Aerodrome Slipstream 3
$98,144
Coinbase Exchange
$86,515
Hyperliquid
$40,668
KCEX
$35,460
Uniswap V4 (Base)
$29,239
Ranked by converted volume, highest first.Which venues you can use depends on where you live, so check what is licensed in your own jurisdiction.This is not a recommendation of any particular exchange.

Heat score Heat factor breakdown

18
Heat scoreCOLDOverall heat score
How the overall score is built: market gate 42 (applied to everything) × geometric mean of the four factors 43 (momentum, liquidity, fundamentals and supply, multiplied together) → 18. It is not a simple average: a weak market holds the whole score down, and a single weak factor drags the rest with it.
Factor breakdown (0–100; higher means more conditions are in place)
Regime (market gate) gate
42
→ The market gate is neutral. Asset-specific factors decide this one.
Momentum
13
→ The recent price trend is down. Going against it needs a reason.
Liquidity (traded volume depth)
77
→ Volume is deep enough that a move is one you could actually participate in.
Fundamentals (TVL / market cap)
50
→ TVL is unremarkable relative to market cap.
Supply lightness
67
→ Most of the supply already circulates, so unlock pressure is light.
Development activity → No public code updates in the last four weeks. Development may have stalled, or it may be happening in private repositories.
Compare every asset in the heat score ranking →
Standard-score profile, compared against every asset on the site (50 is the mean). It shows where this asset sits in the population on each metric; higher is always the better direction.
Overall standard score
49.6 #2173 of 4097 assets
Standard-score ranking →
Heat 47Momentum 39Volume depth 59Supply 45Dev 49ATH recovery 57Dilution 50Further out = higher standard score; the centre line is the mean of 50
Heat score
47
Momentum
39
Liquidity (traded volume depth)
59
Supply lightness
45
Development activity
49
Recovery toward ATH
57
Dilution lightness
50
A relative position within the assets covered here, not an absolute rating.

Related Structurally similar assets (shared categories)

Similarity computed from shared CoinGecko categories rather than an industry taxonomy. Assets in the same L1 ecosystem or with the same use case tend to share capital flows and market conditions.

FAQ Derive — frequently asked questions

What is Derive (DRV)?
Derive is a decentralized protocol that creates programmable onchain options, perpetuals, and structured products. Read more →
What is the current price of Derive (DRV)?
$0.094388 as of 2026-08-14. The price moves daily, and this page is rebuilt every day.
What is the market cap of Derive (DRV)?
About $94.4M as of 2026-08-14, which ranks #267 across all crypto assets.
What is Derive's heat score, and what does it mean?
The heat score is 18 (COLD) as of 2026-08-14. It is our own 0–100 measure of how many of the conditions a rally needs — momentum, tradable volume, light supply and a supportive market — are currently in place. It is not a price forecast. The model multiplies its factors, so a single missing condition holds the whole score down.
What is the supply of Derive (DRV)?
As of 2026-08-14, 999,736,870 DRV is in circulation out of a total supply of 1,500,000,000 DRV — about 67%. The remainder may reach the market through future unlocks.
What is the all-time high for Derive (DRV)?
The all-time high on record as of 2026-08-14 is $0.228265.The price is $0.094388 today, -58.6% from that high.
How much Derive (DRV) can I buy with $100?
At the 2026-08-14 price ($0.094388), $100 buys roughly 1,059.46 DRV before fees and spread. Crypto is divisible, so you do not need to buy a whole coin.
Will Derive (DRV) go up? What are its prospects?
We do not forecast prices or give investment advice. What this page does is track Derive every day through factual data — the heat score, supply structure, charts and development activity. Use it as material for your own judgement; the decision is yours.
Where can I buy or trade Derive (DRV)?
It trades on major crypto exchanges. Which venues you can use depends on where you live, so check what is licensed in your own jurisdiction. This is information, not a recommendation of any asset or exchange.
The prices, market caps and heat scores above are as of 2026-08-14 and change daily.This is information, not investment advice.

Machine-readable data: JSON

Updated 2026-08-14 · rebuilt daily
This site provides information based on public data. It is not investment advice or a solicitation to buy or sell. The heat score is a deterministic, relative indicator computed by a fixed formula; it does not predict future prices. Trading crypto assets involves risk, including price volatility. Make your own decisions.
Data provided by CoinGecko · TVL / fees / stablecoins: DefiLlama · Fear & Greed: alternative.me
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