Derive V2 - Protocol Analytics

Derive is a self-custodial, high-performance crypto derivatives platform enabling trading of options, perpetuals and spot markets. It operates through three components: the Derive Chain, an Optimistic rollup built on the OP Stack and secured by Ethereum; the Derive Protocol, which provides permissionless margin trading infrastructure; and the Derive Exchange, a centralized limit order book that matches orders while settling trades trustlessly on-chain. The system combines the efficiency of off-chain matching with on-chain settlement, ensuring user custody of funds, transparent liquidations, and decentralized governance via the Derive DAO.