Derive.xyz

SOL options are now live on Derive. Traders can access onchain options markets for one of the most active ecosystems in crypto.

Follow @deriveinsights and head researcher @SeanNotShorn for more granular analysis. derive.xyz

HYPE flows: We've seen large $HYPE put spreads traded, namely the 26 JUNE expiry. We see a huge clip of the $35/$32 put spread being sold. In other words, this suggests traders are farming HYPE prems and betting on it remaining above $35 for the next 3 months.

~$50B in USDC sitting on Ethereum earning less than a T-bill. We built something for that. 🟩 d2Earn — fixed-term deposits, fixed-term predictable yield. → Targets 6% APR, rate locked before you deposit → D2 is the single counterparty → Collateral publicly verifiable on @DeriveXYZ Launching within the next Alpha Strategies (HYPE++) epoch time frame. D2. EARN MORE @D2.Finance/introducing-d2earn-fixed-yield-on-usdc-backed-by-d2s-on-chain-platform-bcdd2fb633d6" target="_blank" rel="nofollow noopener">medium.com/@D2.Finance/in…

Builder Codes Update We now have 23+ active integrations driving over 170k trades, with flow increasingly coming from systematic and API-driven strategies as well as manual users. @heat_fi just went live as a dedicated onchain derivatives terminal.

Weekly Buyback #58 Complete 203,528 DRV was purchased at an average price of $0.11. Derive DAO has bought back a total of 21,514,713 DRV. Year of the Fire Horse

Year of the firehorse!

A record for $HYPE volume on Derive. $41M notional HYPE traded today, predominantly options. Capped off by a massive 800K HYPE butterfly, this evening.

Haruko supports ~90 institutional clients globally, many of whom actively trade options. By removing reconciliation and reporting friction, this integration makes it significantly easier for institutional desks to route options flow to Derive.

Institutions can trade on Derive without changing how they run operations. Positions, P&L, and risk metrics from Derive sit alongside CeFi exchanges, OTC desks, and onchain venues in a single consolidated portfolio view.

Derive is partnering with @HarukoTech to integrate onchain options and derivatives data directly into institutional risk, P&L, and post-trade analytics workflows. Derive activity will now flow into the systems many funds and trading desks already use to monitor portfolio exposure.

@okutrade Year of the Fire Horse 🔥🐎

$DRV has been whitelisted. Get the best price across 14+ routers with ZERO fees. The Oku way ⚫🟠

$HYPE derivatives on Derive just crossed $500M in cumulative volume. A huge driver of that growth has been institutional flow from @FalconXGlobal, helping provide the deep liquidity and tight pricing needed for efficient options markets.

For more information: insights.derive.xyz/sol-on-derive/

SOL spot and perps are already live, now with options, the full derivatives suite is complete. SOL as collateral will be added in a couple weeks to further capital efficiency.

SOL options are now live on Derive. Traders can access onchain options markets for one of the most active ecosystems in crypto.