What is Derive?
Derive (DRV) is an altcoin currently ranked 259th by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.
Market position
At the current price of $0.0868, Derive carries a market capitalization of $64.00M. Daily trading volume across exchanges sits at roughly $143.77K. That works out to a 24-hour turnover of about 0.22% of the float — lower than the broad crypto market average, suggesting limited short-term speculative flow.
Price action across timeframes
Over the past 24 hours, Derive has moved -16.28%; over the past week, Derive has moved ++6.51%. Short-term and long-term direction diverge here, which often happens at inflection points where a trend is either reversing or pausing.
Cycle position
Derive is currently trading well below its all-time high (all-time high of $0.1251, -30.6% from peak). A markdown phase — early enough to position, but proceed with care. From its all-time low of $0.0116, current pricing represents a +647% recovery.
Supply & dilution
The circulating supply stands at 1,000,000,000 DRV. With 100.0% of the maximum supply already issued, future dilution is near-zero — almost all token issuance is behind us.
Volatility profile
Recent price action puts Derive in the Extreme-volatility bucket. The asset is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely.
How to evaluate Derive
A balanced read on DRV typically considers three lenses:
- Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
- Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
- Comparable assets — how is DRV performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.
This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.
Project description
Derive (DRV) is a cryptocurrency designed to facilitate the creation and management of derivative assets on the blockchain, enabling users to trade and invest in various financial instruments. It aims to enhance financial accessibility and transparency within decentralized finance. Source: CoinPaprika.com