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Derive - DeFi Dapps - Lancers Web3 Explorer

Derive

Free

Decentralized Options

Derive is an onchain options and futures protocol offering institutional-grade derivatives trading.

Hyperliquid

About Derive

Derive runs options and futures markets on-chain with a portfolio margin system that prices risk across a whole position, not each leg separately.

Its v3 API exposes options, perps, lending and vaults, with WebSocket and HTTP endpoints and a documented migration path from v2.

Permissionless vaults let anyone create a strategy vault on the venue within minutes.

How to Read the Derive Options Chain
Walks through the options chain so readers can compare strikes, expiries and quotes before opening an options position.
TutorialDerive Insights
How to Roll an Options Position on Derive
Shows how to move an expiring options position to a new strike or expiry while understanding the cost of the roll.
TutorialDerive Insights