Derive (DRV): price, market cap and how it did against Bitcoin
Derive (DRV) closed at $0.346 on 4 November 2026, with a market capitalisation of $338.6M (rank 125). On 30 October 2026 it was above its 200-day average of $0.172, which is rising. Over 90 days it is 189 percentage points ahead of Bitcoin. Layer 2 as a theme is +22.4% against Bitcoin over 13 weeks.
Derive (DRV) is a crypto token that CoinGecko lists under smart contract platform, decentralized finance (DeFi) and derivatives. We place it in the Layer 2 theme, with 45 coins. Its highest daily close since 17 January 2025 was $0.5382 on 10 October 2026; its lowest was $0.01634 on 6 April 2025.
Derive is +852.6% over one year, +212.3% over 90 days and -14.5% over 30 days. Annualised 30-day volatility is 131%. Its deepest fall from a high inside the last 90 days is 40%. It trades above its 200-day average, which is rising.
All three lines rebased to 100 at the first week each has data. Bitcoin is the opportunity-cost benchmark for crypto risk; the theme line is its equal-weight index of current rated members.
Derive has no complete calendar-quarter series on file yet, so no quarterly chart is drawn. DefiLlama does publish recent daily figures for it, and the last 30 and 90 days are shown below with their end date. Network activity is evidence about the protocol, not earnings owed to the token.
Source: DefiLlama, daily figures summed to 2026-10-30. Fees are what users paid; revenue is the part the protocol keeps. Paid to token holders is the share of revenue DefiLlama counts as going to holders, through buybacks, burns or staking payouts. Fees and revenue are summed across 6 of its products on DefiLlama.
No complete calendar-quarter series is on file yet for Derive; the recent figures above are what DefiLlama publishes today.
Derive is not rated this week, so it carries no score and no rank inside Layer 2. The four displayed point contributions add exactly to the total; missing evidence pulls only the affected factor toward neutral and lowers its stated coverage. It ranks research attention within one theme, never portfolio action, and it is not comparable across themes.
No traded volume is reported on most of the last 30 days, so it has no liquidity reading.
Its price history is still shown above in full. A missing reading is not a middling reading, so no score is invented for it and it takes no rank inside Layer 2.
No valuation section exists on this page, for any coin. There is no company-style P/E or PEG for a token, and historical market capitalisation is not held at all, only a dated current snapshot, so no ten-year valuation band can be built honestly. Where a protocol publishes fees or revenue, the yield against that dated snapshot is shown above instead.
Derive is one of 45 Layer 2 coins here, 34 of which carry enough evidence to be rated and ranked. Derive is not among them this week, for the reason stated above. The table below is the theme's own scorecard, in its own order, with this coin marked.
| Rank | Coin | Score | Evidence | Read | Market cap | vs Bitcoin, 90d (points) |
|---|---|---|---|---|---|---|
| 1 | POL (ex-MATIC) POL | 77.2 | 93% | Thinly traded | $1.0B | +9.2 pts |
| 2 | Prom PROM | 66.7 | 50% | Price-led, little network data | $99.7M | +168.9 pts |
| 3 | Merlin Chain MERL | 66.2 | 55% | Thinly traded | $40.9M | +47 pts |
| 4 | PHALA PHA | 60.7 | 50% | Price-led, little network data | $33.6M | +93.7 pts |
| 5 | Sophon SOPH | 60.4 | 50% | Thinly traded | $7.4M | +180.2 pts |
| 6 | Optimism OP | 58.9 | 100% | Mixed | $251.2M | +22 pts |
| 7 | Nervos Network CKB | 58.4 | 50% | Thinly traded | $58.6M | +29.6 pts |
| 8 | Treasure MAGIC | 58.1 | 43% | Thinly traded | $28.8M | +73.9 pts |
| 9 | Stacks STX | 56.4 | 43% | Thinly traded | $608.3M | +83.2 pts |
| 10 | MegaETH MEGA | 55.5 | 43% | Thinly traded | $51.7M | +1.7 pts |
| 11 | Celo CELO | 55.4 | 90% | Thinly traded | $43.7M | −6.2 pts |
| 12 | Metal DAO MTL | 55.1 | 50% | Thinly traded | $25.1M | +6.6 pts |
| 13 | Cartesi CTSI | 52.6 | 50% | Thinly traded | $25.1M | +3 pts |
| 14 | ZKsync ZK | 49.4 | 93% | Thinly traded | $111.3M | +11.2 pts |
| 15 | Lumia LUMIA | 48.8 | 50% | Thinly traded | $19.6M | −11.4 pts |
| 16 | Hermez Network HEZ | 47.8 | 50% | Thinly traded | $35.9M | −19 pts |
| 17 | Saakuru SKR | 47.1 | 12% | Thinly traded | $43.8K | — |
| 18 | Orderly ORDER | 45.5 | 55% | Thinly traded | $15.3M | +4 pts |
| 19 | Aztec AZTEC | 45.0 | 50% | Price-led, little network data | $41.9M | −18.1 pts |
| 20 | Linea LINEA | 44.9 | 100% | Behind most | $58.8M | −14.6 pts |
| 21 | Lisk LSK | 44.3 | 100% | Behind most | $44.7M | +167.1 pts |
| 22 | Aevo AEVO | 42.0 | 50% | Thinly traded | $18.4M | −22.9 pts |
| 23 | Status SNT | 42.0 | 50% | Thinly traded | $32.6M | −10.5 pts |
| 24 | AltLayer ALT | 41.7 | 43% | Thinly traded | $42.3M | −17.9 pts |
| 25 | Immutable IMX | 40.3 | 48% | Thinly traded | $105.3M | −7.3 pts |
| 26 | Metis METIS | 39.8 | 84% | Thinly traded | $23.1M | −6.2 pts |
| 27 | COTI COTI | 37.3 | 50% | Price-led, little network data | $28.9M | −56.6 pts |
| 28 | BSquared Network B2 | 34.8 | 55% | Thinly traded | $16.1M | −41.2 pts |
| 29 | Capx AI CAPX | 33.5 | 50% | Thinly traded | — | −31.5 pts |
| 30 | OpenLedger OPEN | 33.4 | 43% | Thinly traded | $30.2M | −73.8 pts |
| 31 | Taiko TAIKO | 32.1 | 94% | Thinly traded | $17.7M | −18.7 pts |
| 32 | Loopring LRC | 31.7 | 55% | Thinly traded | $10.7M | −48.1 pts |
| 33 | Islamic Coin ISLM | 31.5 | 50% | Thinly traded | $14.2M | −58.2 pts |
| 34 | Manta Network MANTA | 24.9 | 100% | Thinly traded | $27.8M | −20 pts |
| — | Derive DRV this coin | — | 0% | Not rated | $338.6M | +189 pts |
The Layer 2 scorecard in its own order, with this coin marked. Scores are within-theme and are not comparable with coins in another theme. See the full Layer 2 page.
Derive is on one of our crypto lists: Altcoins (DeFi coins). Every coin we track is in the full ranking on Cryptocurrencies by market cap. List membership comes from CoinGecko's categories and market-cap rank, never from a hand-picked list.
Derive is number 84 by market cap among the 604 coins with a page on this site. The 4 just larger and the 4 just smaller are listed here, each with its theme, so the comparison crosses themes. Market cap is the snapshot dated 2026-11-04.
All Layer 2 crypto coins · Every crypto theme · Coins beating Bitcoin
This page names 5 ways its own evidence about Derive can mislead, all listed below. The largest is that crypto network activity is not company earnings: protocol revenue does not automatically accrue to token holders. Price runs through 2026-11-04; market capitalisation is a separate snapshot dated 2026-11-04.
These 8 answers cover the questions this page can settle from data it holds: what the category is, how the score is built, what the coverage gaps are, and what would change the read. Every answer below is also present in the page’s FAQ schema and in its plain-text rendition. None of them is a recommendation.
Derive (DRV) is a crypto token that CoinGecko lists under smart contract platform, decentralized finance (DeFi) and derivatives. We place it in the Layer 2 theme, with 45 coins. Its highest daily close since 17 January 2025 was $0.5382 on 10 October 2026; its lowest was $0.01634 on 6 April 2025.
Derive's market capitalisation is $338.6M, ranking it 125 in the top-1,000 crypto universe, read on 4 November 2026. It is refreshed separately from the daily price.
Over 90 days Derive is 189 percentage points ahead of Bitcoin: its own return minus Bitcoin's. Its theme, Layer 2, is +22.4% against Bitcoin over 13 weeks. Derive trades above its 200-day average as of 4 November 2026.
The highest daily close we hold for Derive is $0.5382, on 10 October 2026, in records from 17 January 2025. The lowest is $0.01634, on 6 April 2025. The close on 4 November 2026, $0.346, is 36% below that high.
No. There is no company-style P/E or PEG for a crypto token, and no valuation band is shown on this page because the data to build one honestly does not exist: historical market capitalisation is not held, only a current snapshot. Where a protocol publishes fees or revenue, this page shows the yield against that dated snapshot instead.
No traded volume is reported on most of the last 30 days, so it has no liquidity reading. It stays on the site with its price history visible, because a missing reading is not a middling reading and a made-up score would be worse than none.
Five years of weekly closes where they exist, plus 20 complete calendar quarters of on-chain activity for the metrics Derive actually publishes. No complete quarterly series is on file for this token yet; DefiLlama's last 30 and 90 days are shown instead.
In the 30 days to 30 October 2026, DefiLlama shows $549.6K of fees and $452.7K of protocol revenue for Derive. Over 90 days: $1.7M of fees and $1.4M of revenue. Fees are what users paid; revenue is the part the protocol keeps.
Not SEBI Registered !! Not Investment advice !!
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