Derive
Derive is a decentralized options and perpetuals exchange offering institutional-grade crypto trading onchain.
What is Derive?
Derive is a decentralized options and perpetuals exchange built on Ethereum, delivering institutional-grade crypto trading onchain. The protocol offers options, perpetuals, and yield products on BTC, ETH, and altcoins with features designed for professional traders. Derive provides portfolio and cross-margining for capital efficiency, Block RFQ for large-size block trades and complex multi-leg structures, and cross-asset collateral support. Its Rust-powered orderbook enables offchain matching with low-latency streaming. Derive operates as an optimistic rollup settling to Ethereum, combining fast and cheap transactions with self-custody.
Web3 dapps and developer tools related to Derive
Discover blockchain applications that are frequently used with Derive.
Paradex
SYMMIO
SIR
Hotstuff
Developer resources from Alchemy
Agentic payments and x402, explained
Agentic payments let AI agents pay for APIs, data, and services on their own, with no human at checkout. Learn how x402 works and powers agentic commerce.
Deposit tokens for banks: a practical playbook
Major banks are quietly processing $10B+ daily in tokenized deposits. Here's how deposit tokens could capture $140 trillion by 2030 and a playbook to integrate for banks.
How Valantis built a reliable trading experience on Hyperliquid
After moving HyperEVM RPC calls from a self-hosted node to Alchemy’s HyperEVM Node, Valantis reports 100% successful RPC requests and a more dependable foundation for trading.
Derive alternatives
Explore web3 competitors and apps like Derive.
Polynomial Protocol
Rysk Finance
Thetanuts Finance
HegicApp store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
