Derive(DRV) New Listing on gate.io

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

• Official Website: https://www.derive.xyz/
• X (Twitter): https://x.com/derivexyz
• Community Chat: https://t.me/+YJ-VV2icdpgwYmNl
• Discord: https://discord.com/invite/Derive
• Contract Address (Ethereum): 0xb1d1eae60eea9525032a6dcb4c1ce336a1de71be

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

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