Derive V2 Spot - Protocol Analytics

Explore Derive V2 Spot, a Protocol with N/A in total value locked (TVL). Get real-time metrics, charts, and insights. Data from DefiLlama.

TVL

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About Derive V2 Spot
Derive V2 Spot was the spot trading market of Derive V2, running on Derive Chain, an Optimistic rollup built on the OP Stack and secured by Ethereum. Orders were matched on Derive's central limit order book and settled trustlessly on-chain, with spot balances usable as collateral in the Derive margin system. It was replaced by Derive V3 Spot in October 2026.

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