It's raining options, CoinDesk said last week, pointing to growing demand for derivatives tied to bitcoin (BTC) and other cryptocurrencies. Now, additional evidence has emerged in the form of record ...

DeFi protocol Ethena announced Tuesday a new partnership with Derive.xyz, the world's leading on-chain options and structured products platform, featuring a multi-million dollar investment to enhance ...

A member of the Synthetix team has proposed acquiring Derive in a $27 million token-swap deal. The acquisition would involve a 27:1 DRV-to-SNX token conversion with a lockup and vesting schedule. The ...

Strands Technologies Ltd. has reportedly reached a milestone of over $6 billion in tokenized notional by integrating Derive.xyz, a decentralized protocol for on-chain derivatives. Derive.xyz’s ability ...

Structured product protocol Derive's TVL has topped $100 million. Recently, a whale collected over $1.6 million in premium from a BTC covered call strategy. Traders have been depositing sUSDe to ...