mjs 🧙

Building @derivexyz, prev @synthetix_io, delegate @optimismPBC, exploring frontiers

[mjs 🧙 @0xmjs]

Last month DA cost 42 ETH
Next month DA will cost < 0.5 ETH
That's over 100x in savings

[Derive.xyz @DeriveXYZ]

Lyra is going modular 🧙🧙🧙🧙

We’re upgrading Lyra Chain, powered by the @optimism OP Stack and @celestiaorg — the leader in modular data availability.

With Celestia underneath ✨, Lyra takes another step towards creating the largest source of crypto options liquidity.

[Derive.xyz @DeriveXYZ]

15.01.25

$DRV is near. Years of building, partnerships, and milestones have brought us to this moment.

Let’s take a moment. ↓

[Derive.xyz @DeriveXYZ]

$DRV will be one of the first tokens listed on Swidge, a new product by @infinex_app that allows users to purchase a token, with any token, from any chain.

To celebrate this launch, Infinex and Derive are hosting a two-week incentivized trading competition with a 1M $DRV prize pool.

[Nick Forster | Derive @nickforster]

first billion dollar week
first billion dollar day 🔜

[Arthur Hayes @CryptoHayes]

I asked these mofos if they are ready to give the degens what they want? They said fuck yes 0-day-options.

It’s going to be fucking lit.

[Derive.xyz @DeriveXYZ]

Giddy up, @CryptoHayes 🐎

@MaelstromFund have made a strategic investment into Derive.

Arthur Hayes pioneered crypto derivatives with BitMEX, played a significant role advising our friends at @ethena, and is now doing the same at Derive.

[growthepie 🥧📏 @growthepie_eth]

.@derivexyz Reaches 2 New ATHs

30d Increase:
+167% Transaction Count
+174% Throughput

[Messari @MessariCrypto]

Congratulations to the Derive team on announcing Derive Pro, an AI-powered trading app.

Derive Pro is supercharged by Messari Copilot, equipping users with top-tier crypto intelligence.

Now, traders can access real-time news, trends, and crypto data with just a prompt.

[mjs 🧙 @0xmjs]

Real #DeFAI product that has been in the making for months 👀

Derive 🤝 Messari

[Derive.xyz @DeriveXYZ]

Introducing Derive Pro: our first step into DeFAI, delivering an AI-powered trading experience for pro traders.

In collaboration with @MessariCrypto, we're redesigning the trading experience from scratch, with agents at the center.

[Muir @muir_eth]

Derive has higher gas usage than both OP Mainnet and Arbitrum during volatility, and users are paying 0 in gas fees.

A lot of people didn't understand why we had to build on our own L2, but scaling 10x from where we are now wouldn't even be possible on a general purpose rollup.

[Derive.xyz @DeriveXYZ]

$100M+ TVL, 61K+ users, and $6B+ in volume.
Onchain derivatives are here, powered by @Celestia underneath 🦣

With 680,000 transactions processed, we've achieved unmatched efficiency. Celestia's modular data availability layer enables ultra-low costs (just 0.0012 gwei per trade) and scalability, powering a seamless trading experience.

Join our upcoming spaces to hear what Celestia and Derive are building next.

[growthepie 🥧📏 @growthepie_eth]

🐴 With this increase in Transactions, @derivexyz has also reached a new ATH in Throughput!

Up 242% this month!

1 Mgas/s = soon™️

[Andrew Huang ⚡️⛓️ @KAndrewHuang]

.@modenetwork and @derivexyz climbing the mgas/s leaderboards

Driven by AI Agents in the former, and onchain options finding demand in the latter

Hats off to both teams for staying heads down building

[Nick Forster | Derive @nickforster]

Aave at max capacity, but you can still put this trade on in size on @derivexyz

sUSDe depositors also eligible for an exclusive Ethena bonus, too

https://t.co/7mrjAasxFf

[Nick Forster | Derive @nickforster]

One of my most insane but enjoyable weeks ever @derivexyz.

- Major partnership + grant with @ethena
- Biggest trade ever ($1.66m in options premiums)
- TVL/user ATHs
- DRV Jan 15 announce

And a MASSIVE influx of collab interest from teams I've wanted to work with all year.

If you're interested in cooking on boundary-pushing unique deriv products, get in touch, we're in the kitchen 🧑‍🍳

[Derive.xyz @DeriveXYZ]

Today, Derive integrates into @ethena.

A multi-million dollar partnership to bring basis trading to Derive and unlock $4.5b of TVL and 300,000 users.

[Derive.xyz @DeriveXYZ]

We were going to write another blog on why BTC options are important.

Turns out @CNBC is doing the education for us.

[Nick Forster | Derive @nickforster]

What if trading felt less like an exam and more like a conversation?

AI and options together could make this a reality—turning complexity into clarity and unlocking the potential for onchain markets to scale like never before.

Here’s how I think this plays out in 2025 🧵

[Robert F. Kennedy Jr @RobertKennedyJr]

Thank you @realDonaldTrump for your leadership and courage. I'm committed to advancing your vision to Make America Healthy Again.

We have a generational opportunity to bring together the greatest minds in science, medicine, industry, and government to put an end to the chronic disease epidemic.

I look forward to working with the more than 80,000 employees at HHS to free the agencies from the smothering cloud of corporate capture so they can pursue their mission to make Americans once again the healthiest people on Earth.

Together we will clean up corruption, stop the revolving door between industry and government, and return our health agencies to their rich tradition of gold-standard, evidence-based science. I will provide Americans with transparency and access to all the data so they can make informed choices for themselves and their families.

My commitment to the American people is to be an honest public servant. Let’s go!

[Donald J. Trump @realDonaldTrump]

I am thrilled to announce Robert F. Kennedy Jr. as The United States Secretary of Health and Human Services (HHS). For too long, Americans have been crushed by the industrial food complex and drug companies who have engaged in deception, misinformation, and disinformation when it comes to Public Health. The Safety and Health of all Americans is the most important role of any Administration, and HHS will play a big role in helping ensure that everybody will be protected from harmful chemicals, pollutants, pesticides, pharmaceutical products, and food additives that have contributed to the overwhelming Health Crisis in this Country. Mr. Kennedy will restore these Agencies to the traditions of Gold Standard Scientific Research, and beacons of Transparency, to end the Chronic Disease epidemic, and to Make America Great and Healthy Again!

[Nick Forster | Derive @nickforster]

24 hour trades ATH ✅
Open interest ATH ✅
TVL ATH ✅

Sure we're cooking, but I mean it when I say this, you ain't seen nothing yet

We are going to change how people all over the world trade, designed from first principles.

More very 🔜