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Derive

Derive

Live
DeFi64

The leading onchain options platform w/ BTC, ETH & HYPE

Upvotes

75

Views

95

Score

64

Algorithm Analysis: Derive

64/100
Activity57/100
Maturity48/100
Community48/100
Transparency50/100
Documentation49/100

Derive is a live, self-custodial options and futures platform with a substantial track record: 5+ years of operation, $18B+ notional volume, and ~$500M open interest, backed by named investors. Transparency is solid through a legal entity, foundation status, Cayman HQ, public docs, and a live app, though named team members and audits are not shown. Activity is strong, but Canton-specific signals are absent; community and maturity are capped by missing funding round/amount/lead and no listed partnerships or institutional clients.

Last analyzed: Sep 23, 2026

OverviewRelated

Derive on Canton

Accept on Canton Network oficial x

About Derive

Derive (formerly Lyra) is a self-custodial onchain options and futures trading platform. Live for 5+ years with no security or insolvency incidents, it has processed $18B+ in notional volume and holds ~$500M in open interest. Backed by Framework, GSR, and Theia. Operated by Derive Labs / the Derive Foundation, based in the Cayman Islands.