Derive

DRV#253

$0.113511+14.64%

Website ↗X / Twitter ↗Telegram ↗Explorer ↗

Market Cap

$112.92M

24h Volume

$1.62M

FDV

$169.42M

All-Time High

$0.228265

-50.65%

Circulating DRV

999,761,989

Total DRV

1,500,000,000

Max DRV

1,500,000,000

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 tr…

Security · Rug check

60RISK

RISKY

Tradable but risky — lp not secured (0% locked).

Source: GoPlus security

Risk signals

LP not secured (0% locked) — Liquidity can be pulled — the classic rug.
▸ Why is this risky?
What it means: The trading pool's funds don't appear to be locked or burned, so whoever controls them can pull them out.
How scammers use it: This is the classic rug: the team waits for buyers to add money, then removes all the liquidity, collapsing the price to zero.
What to do: Don't buy unless you can see proof the liquidity is locked or burned. Unverified is a real risk, not a neutral.
Top holder owns 54.8% — One wallet can dump the market.
▸ Why is this risky?
What it means: A single non-pool wallet controls a large share of the total supply.
How scammers use it: That holder can dump their entire bag at once, crashing the price and leaving everyone else underwater.
What to do: Be very cautious when one wallet holds a big slice — a single sell can wipe out the price.
Upgradeable (proxy) — Logic can be changed by the owner.

No honeypot — sells work Fixed supply (not mintable) Ownership renounced Verified source code