◆ Layer 2 network · DRVUSDT
Derive
Derive (formerly Lyra) is a decentralised options and derivatives platform on its own chain.
◆ Live market
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24h
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- Ticker
- DRVUSDT
- Category
- Cryptocurrencies
- Type
- Layer 2 network
- Sector
- Layer 2
- Market-cap rank
- n°165
- Trading hours
- 24/7
What is Derive?
Derive (formerly Lyra) is a decentralised options and derivatives platform on its own chain. A Layer 2 is a network built on top of a main blockchain, usually Ethereum. It batches transactions off the main chain (optimistic or zero-knowledge rollups) and posts a summary back to inherit its security.
How Derive works and what gives it value
A Layer 2 token mostly serves governance, sometimes staking or fees. Its value tracks network adoption, Ethereum's health and the pace of token unlocks, which are often large in this segment.
What moves the price of Derive
- ◆Ethereum (ETH) performance
- ◆Network activity and TVL
- ◆Team and investor token unlocks
- ◆Ethereum upgrades lowering rollup costs
- ◆Competition between rollups
Key metrics to watch
- ◆TVL and transaction volume
- ◆Market share among rollups
- ◆Unlock schedule
- ◆Sequencer decentralisation
Risks specific to Derive
- ◆Dilution from unlocks
- ◆Token loosely tied to network revenue
- ◆Bridge technical risk
How to analyse Derive on GraphTrade
Daily for the trend; watch unlock dates alongside. Open the DRVUSDT chart, add the indicators below, compare Derive with similar assets in Performance and ask the AI Compass to explain the latest move with news and macro context.
Themes
Included in: Top 101–250.
◆ Indicators suited to Derive
◆ FAQ
What is Derive (DRVUSDT)?
Derive (formerly Lyra) is a decentralised options and derivatives platform on its own chain.
Why is Derive going up or down today?
The main drivers are: ethereum (eth) performance, network activity and tvl, team and investor token unlocks, ethereum upgrades lowering rollup costs. The AI Compass cross-references these with today's news.
Which indicators work best on Derive?
Daily for the trend; watch unlock dates alongside.
What are the risks of Derive?
Dilution from unlocks ; Token loosely tied to network revenue ; Bridge technical risk.
What is the market-cap rank of Derive?
Derive was ranked #165 by market cap when this page was generated, in the Layer 2 sector. The live rank appears at the top of the page.
How do I follow Derive in real time?
Open the free GraphTrade chart for DRVUSDT: price updates live every second, with all indicators.
How do I add Derive to my portfolio?
Click « Add to portfolio » on this page: the asset joins your active portfolio.
Is this investment advice?
No. GraphTrade provides information and analysis tools only.
◆ Assets similar to Derive
Information only, not investment advice.