Derive is up 26% today and sits within about 10% of its all-time high.
📊 By the numbers
• $DRV trades near $0.456, up about 26% in 24 hours, per CoinGecko
• The 30-day gain is roughly 181%
• Its record of about $0.509 was set on September 19
• Citrini Research named Derive among the decentralized options venues in its tokenization token basket, per CoinDesk
🎯 Levels to watch
A clean break above the September high would put the token in price discovery, where moves can get volatile in both directions. If it stalls under that level, a range between today's lows and the record is the more likely scenario.
Are onchain options finally getting their moment?
#Derive #DeFi
📊 By the numbers
• $DRV trades near $0.456, up about 26% in 24 hours, per CoinGecko
• The 30-day gain is roughly 181%
• Its record of about $0.509 was set on September 19
• Citrini Research named Derive among the decentralized options venues in its tokenization token basket, per CoinDesk
🎯 Levels to watch
A clean break above the September high would put the token in price discovery, where moves can get volatile in both directions. If it stalls under that level, a range between today's lows and the record is the more likely scenario.
Are onchain options finally getting their moment?
#Derive #DeFi