Derive vs SSV Network

Derive V3 Options is the options market of Derive V3, the latest version of the self-custodial derivatives exchange formerly known as Lyra. V3 runs on a zkVM exchange that settles trades on Ethereum: orders are matched on a central limit order book while positions, margin and settlement stay verifiable on-chain. Traders can buy and sell European options on major crypto assets with portfolio margin shared across options, perpetuals and spot, and market makers quote directly into the book.

SSV Network is a decentralized infrastructure for Ethereum staking based on Distributed Validator Technology (DVT). Instead of running a validator on a single machine, SSV splits the validator key into shares distributed across several independent operators, so the validator keeps performing even if some operators go offline or misbehave. This improves resilience, reduces slashing risk and lowers reliance on any single node operator. SSV is used by staking pools, liquid staking protocols and institutions, and the SSV token is used to pay operator fees and to govern the network through the SSV DAO.