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      Derive(DRV) New Listing on gate.io

      https://s1.coincarp.com/logo/1/lyra.png?style=36&v=1725430707's logo Derive(DRV)
      $0.1627
      2.52%
      Listing

      According to gate.io's official announcement, Derive (DRV) is soon going to be listed on the gate.io crypto exchange.

      Derive Listing Schedule

      • Trading starts time: 0:00 AM 15th January, 2025 (UTC) (Trading pair: DRV/USDT)

      About Derive

      Derive is bringing the options market onchain - we have built a monopoly with over (>70% market share) and we're experiencing rapid growth (currently 120m TVL, 70k users and 400k wallets eligible for airdrop).

      The size of the market today is $200 billion and this will grow to $5 trillion over the next 3 years as more RWAs are issued onchain, and the onchain economy constitutes a significant share of financial flows globally.

      Composability with Major Partners: Largest DeFi protocols (Ethena, EtherFi, Lombard) using Derive to increase the utility of their tokens. We onboard interest bearing collateral faster than anyone else on the market.

      Derive Token Distribution

      • Market Makers: 3% TGE unlock 100%; (3,000,000,000 DRV)
      • Ethena Foundation: 5% TGE no unlock, cliff period 6 months, vesting period 25 month; (5,000,000,000 DRV)
      • Airdrop: 8% TGE unlock 100%; (8,000,000,000 DRV)
      • Circulating/Vested: 58% TGE unlock 100%; (58,000,000,000 DRV)
      • Ecosystem/ Community: 20% TGE unlock 2.3%, no cliff period, vesting period 77 month; (20,000,000,000 DRV)
      • Foundation: 3% TGE no unlock, cliff period 1 months, vesting period 20 month; (3,000,000,000 DRV)
      • Team: 3% TGE no unlock, cliff period 6 months, vesting period 30 month. (3,000,000,000 DRV)

      Further Information on Derive

      For comprehensive insights and strategies on Derive (DRV) trading, delve into our detailed guide at Derive Price Overview


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