Derive - Frequently Asked Questions

Question 1

What is Derive?

Sharpe Labs · Accepted Answer

Derive is a decentralized protocol offering programmable on-chain options, perpetuals, and structured products, operating on the Derive Chain, an Ethereum rollup built using the OP stack. As a permissionless smart contract platform, Derive is pioneering the integration of DeFAI to revolutionize trading. Its latest innovation, Derive Pro with Messari, enabling pro traders to seamlessly translate market views into one-click, gasless, and chainless trades via smart contract wallets. Derive operates on the Base blockchain network. For more information, visit the official Derive website at https://derive.xyz

Question 2

What is the current price of Derive?

Sharpe Labs · Accepted Answer

The current Derive price today is $0.0397 USD. The Derive (DRV) price has decreased by -3.45% over the last 24 hours. The real-time Derive price is down and updated live based on trading data from decentralized exchanges. You can track DRV price movements to make informed trading decisions.

Question 3

Where can I track Derive price?

Sharpe Labs · Accepted Answer

You can track Derive (DRV) price in real-time on Sharpe DEX Scan at https://sharpe.ai/dexscan/base/derive. Our platform provides live Derive price updates, 24-hour price change percentages, interactive TradingView charts with technical indicators, real-time trading volume data, and DRV holder analytics. The Derive price is updated every few seconds, ensuring you have the most accurate market data for trading decisions. Track DRV price movements across multiple timeframes, monitor trading volume trends, analyze holder distribution patterns, and view recent Derive transactions all in one place. Sharpe AI DEX Scanner is the best platform to track Derive price with professional-grade analytics and real-time market data.

Question 4

How many holders does Derive have?

Sharpe Labs · Accepted Answer

Derive currently has 33,438 token holders on the Base blockchain network. The Derive holder count represents unique wallet addresses that actively hold DRV tokens. The number of Derive (DRV) holders is regularly updated and reflects the size and growth of the Derive community. More holders typically indicate stronger adoption and community support for Derive. Join the Derive community: Twitter: https://x.com/derivexyz, Telegram: t.me/+yytV8ZEI8-piNjI1, Discord: https://discord.gg/Derive

Question 5

What is the circulating supply of Derive?

Sharpe Labs · Accepted Answer

The Derive circulating supply is currently 854,302,736 DRV tokens. The total Derive supply is 76,657,557 DRV tokens. As of now, 1114.4% of the total DRV supply is in active circulation, meaning most of the total supply is available for trading. Derive (DRV) token supply metrics are essential for calculating market capitalization, understanding token distribution, and evaluating scarcity. The circulating supply of Derive directly impacts the token's market value and price dynamics.

Question 6

How to buy Derive?

Sharpe Labs · Accepted Answer

To buy Derive (DRV) on Sharpe AI DEX Scanner, click the Buy button located at the top of the Derive page. This will open a trading interface where you can connect your cryptocurrency wallet (such as MetaMask, Trust Wallet, or Phantom for Solana). Once connected, the interface will show you the current Derive price and allow you to enter the amount of DRV you want to purchase. The Buy button connects directly to decentralized exchanges, making it easy to swap your tokens for Derive. Always verify you have sufficient balance in your wallet and review the transaction details including gas fees before confirming your purchase. Track DRV price movements on Sharpe AI DEX Scanner to find the optimal entry point for buying Derive.

Question 7

How to sell Derive?

Sharpe Labs · Accepted Answer

To sell Derive (DRV) on Sharpe AI DEX Scanner, click the Sell button located at the top of the Derive page, next to the Buy button. This will open a trading interface where you need to connect your cryptocurrency wallet that contains your DRV tokens. Once your wallet is connected, the interface will display your current Derive balance and allow you to enter the amount of DRV you want to sell. The Sell button connects directly to decentralized exchanges, enabling you to swap your Derive for other tokens like USDT or USDC. Review the current Derive price, check the transaction details including slippage tolerance and gas fees, and confirm the transaction in your wallet. Use Sharpe AI DEX Scanner's real-time price charts and trading volume data to determine the optimal time to sell DRV for maximum returns.

Question 8

Is Derive a good investment?

Sharpe Labs · Accepted Answer

Whether Derive (DRV) is a good investment depends on multiple factors including your risk tolerance, investment goals, market conditions, and thorough research. Derive currently has 33,438 holders, which indicates the level of community adoption. Before investing in Derive, consider: 1) Research the project's fundamentals, team credentials, and roadmap. 2) Analyze DRV tokenomics, including total supply, circulating supply, and token distribution. 3) Review the Derive whitepaper and use case to understand the project's value proposition. 4) Monitor DRV price trends, trading volume, and market sentiment on Sharpe AI DEX Scanner. 5) Check Base blockchain explorer for contract verification and transaction history. 6) Assess Derive community engagement and social media presence. Cryptocurrency investments carry significant risk due to market volatility. Derive price can fluctuate dramatically in short periods. Never invest more than you can afford to lose, diversify your portfolio across multiple assets, and consider consulting with a financial advisor. Use Sharpe AI's real-time analytics to track Derive performance metrics, holder distribution, and trading patterns before making investment decisions.

Question 9

How can I view Derive transactions?

Sharpe Labs · Accepted Answer

You can view Derive (DRV) transactions in real-time on Sharpe AI DEX Scanner. The Transactions tab displays all recent Derive buy and sell orders, swap transactions, mint and burn events with detailed information including transaction hash, wallet address, transaction type (buy/sell), token amount, USD value, and timestamp. Each DRV transaction shows the exact price at which the trade occurred, allowing you to analyze Derive trading patterns and market activity. You can filter Derive transactions by type (Buy, Sell, Mint, Burn), set price range filters, and search for specific wallet addresses to track whale movements. Click on any DRV transaction to view complete details on the blockchain explorer. Monitor Derive transactions to identify trading trends, spot large buyers and sellers, and understand market sentiment for DRV token.

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