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Perp DEX review · Derive · —
DeriveDerivederive.xyz · perp DEX

Derive review: fees, funding and markets

Derive Browser Wallet Non-custodial Crypto · Gold & commodities

Derive settles perpetual futures on its own chain and lists 12 markets across crypto and commodities.

On this pageKey numbersWhat is DerivePros & consvs CanborsaFAQ
DERIVE · DERIVELive
DeriveDerivePerp DEX · Crypto · Gold & commodities
Taker fee
0.03%
Sign-up
Browser Wallet Non-custodial
Markets12
Funding interval1h
Maker / taker0.01% / 0.03%
Compare vs Canborsa ›

Derive lists 12 perp markets on Derive · Ethereum. The base-tier schedule is maker 0.01% / taker 0.03% with funding 1h.

Derive fees · at a glance
Max leverage
top market
12
perp marketsMarkets listed
0.03%
maker 0.01%Taker fee
Wallet
non-custodialSign-up
DERIVE
Platform facts · at a glance
Derive — key factsDerive — key facts
Website
derive.xyz
Chain
Derive · Ethereum
Funding
1h
Status
Live

Derive — the key numbers

DeriveDeriveLivePerp DEX · Derive
ChainDerive · Ethereum
Taker fee0.03%
Maker fee0.01%
Sign-up Browser Wallet Non-custodial
Markets12
Funding interval1h
Fee modelFlat
Native tokenDRV
How the venue works

What is Derive?

Derive is a perpetual futures exchange settled on its own Derive chain, with a path from Ethereum. It lists 12 perpetual markets across crypto and commodities, including BTC, ETH, SOL and GOLD.

Fees follow a flat model, with a 0.01 percent maker fee and a 0.03 percent taker fee. Funding is settled hourly, applied per subaccount as individual settlement events.

Derive restricts access from Australia, the United States and Ontario. The platform has its own token, DRV, and its airdrop has already ended.

Derive · platform review

Pros and cons

+Pros
+12 perp markets listed
−Cons
−3 restricted jurisdictions listed in the terms
−Identity checks can apply on this venue
Derive vs Canborsa

How Derive compares to Canborsa

DeriveDeriveDerive
CanborsaCanborsaCanton Network
VS
Markets
12
86
Asset classes
Crypto · Gold & commodities
Crypto · Stocks · Gold & commodities · Indices · Pre-IPO
Max leverage
Fees · maker / taker
0.01% / 0.03%
0.07% / 0.07%
Funding interval
1h
1h
Sign-up
Browser Wallet Non-custodial
Browser Wallet Non-custodial

Frequently asked questions

What chain does Derive run on?›

Derive settles trades on its own chain, with a path from Ethereum.

How many markets does Derive list?›

Derive lists 12 perpetual markets across crypto and commodities.

What are Derive's trading fees?›

Derive charges a flat 0.01 percent maker fee and a 0.03 percent taker fee.

How does funding work on Derive?›

Funding on Derive settles hourly and is applied per subaccount as individual settlement events.

Is Derive available in the United States?›

No, Derive restricts access from the United States, Australia and Ontario.

Does Derive have a token?›

Yes, Derive has its own token, DRV, though its airdrop has already ended.

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What Derive lists
Canton Coin (CC)Crypto · perp›Dogecoin (DOGE)Crypto · perp›Bitcoin (BTC)Crypto · perp›Ethereum (ETH)Crypto · perp›All 86 marketsindex›
Derive vs Canborsa · stocks · gold · pre-IPO

Trade what Derive doesn’t list — on Canborsa

86 marketsup to 30x0.07% per side
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