
This coin appears fairly priced according to our fundamental analysis.
Contribution to the current score, not a cause of price changes.
Developer Activity
Unrecorded inputs are not scored as zero.
12/13 · 94% model weight
Nov 4, 2026, 12:00 AM UTC
Coverage is not predictive confidence. Security audits, reserves and unlock schedules are outside this score.
Inspect the breakdownCheck source quality12/13 components · 94% measured model weight
Not measured: Developer Activity. Missing components are excluded; their weights are redistributed across measured components.
CoinGecko
Within the time threshold
Nov 3, 2026, 11:58 PM UTC
Age when checked: 25 min · Advisory threshold: 2 h
Used by 12 components.
GitHub REST API (CoinGecko repository reference)
Time missing
Time not recorded
Age when checked: — · Model threshold: 72 h
No component uses this source.
DefiLlama
Within the time threshold
Nov 3, 2026, 9:13 AM UTC
Age when checked: 15.2 h · Model threshold: 72 h
Used by 1 components.
DefiLlama
Within the time threshold
Nov 3, 2026, 9:13 AM UTC
Age when checked: 15.2 h · Model threshold: 72 h
Used by 1 components.
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Not Financial Advice
This page is an informational analysis, not investment advice. The CryptoValue Score is an algorithmically generated rating from public data — it does not replace professional advice. Cryptocurrencies are highly volatile; total loss is possible. Read full risk disclaimer →
Rated 0-100 based on 13 fundamental metrics. Higher = more undervalued.
Derive is a decentralized protocol that creates programmable onchain options, perpetuals, and structured products. Derive is deployed and operates on Derive Chain, an Ethereum rollup built using the OP stack and is the home of the Derive Protocol. It is a permission-less smart contract platform. The Derive DAO earns trading fees from the Derive Protocol and gas fees from the Derive Chain, governed by DRV token holders. Trading fees accrue to an insurance fund to foster robustness of the proto...
Market Cap
$341.74M
24h Volume
$4.89M
Circulating Supply
1.1B
DRV — of 1.5B max (71%)
All-Time High
$0.569
56.5% of ATH
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The market values Derive at 57.6× what users paid in fees to use it over the last twelve months ($5.94M). Whether those fees reach token holders differs by protocol — Bitcoin's go to miners, Lido's to the protocol itself.
$341.74M of market capitalization against $174.22M that users have deposited in the protocol.
The last all-time high was on October 9, 2026. How far below it the price sits is a different question; how long it has stayed there is this one.
12 of 13 components could be measured for Derive, carrying 94 of 100 weight points between them. The rest had their weight redistributed rather than filled with a neutral value.
Computed by Longchain from the published methodology. Not investment advice. Who we are.
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Derive's Value Score rests on 12 of 13 metrics. Learn what each one means:
| Component | Reading /100 | Weight nominal → effective |
|---|---|---|
| MVRV Proxy (Price / ATH)Market data | 45 | 16% → 17% |
| Cycle Position (time since ATH)Market data | 20 | 6% → 6.4% |
| NVT Proxy (MCap / Volume)Market data | 45 | 4% → 4.3% |
| Network Activity ProxyMarket data | 30 | 4% → 4.3% |
| Volume / MCapMarket data | 65 | 4% → 4.3% |
| Capital Locked (MCap / TVL)Market data + Capital locked | 85 | 10% → 10.6% |
| Protocol Fees (MCap / Annual Fees)Market data + Protocol fees | 55 | 10% → 10.6% |
| Developer ActivityDeveloper data | Not measured | 6% → 0% |
| Supply DynamicsMarket data | 55 | 16% → 17% |
| TokenomicsMarket data | 70 | 12% → 12.8% |
| BTC Correlation ProxyMarket data | 55 | 4% → 4.3% |
| Sentiment ProxyMarket data | 40 | 4% → 4.3% |
| Momentum (30d)Market data | 70 | 4% → 4.3% |
Score recorded: Nov 4, 2026, 12:00 AM UTC · Checked: Nov 4, 2026, 12:23 AM UTC. Ages refer to this check, not the moment the page is opened.
Advisory thresholds flag older data; they do not change model arithmetic. The displayed model thresholds apply at calculation time. Freshness and coverage establish neither data accuracy nor predictive confidence.
1 metric(s) cannot be measured for Derive. Their weight was redistributed across the rest rather than filled with a neutral value.