Derive Protocol a Perpetual and Options DEX trading platform (earlier Lyra Finance) backed by Framework Ventures, raised $6.8M of funds till now. The protocol is deployed on an Optimistic Rollup that settles to the Ethereum blockchain. The protocol is governed by the Derive DAO and DRV token holders. The team has launched DRV airdrop, where every user can earn upto $1000 in DRV and OP tokens.
After great success of HyperLiquid and GMX, we started looking into future trading DEXes that are expected to give high quality airdrops. Here is other list of ongoing airdrops similar to HyperLiquid trading platforms Paradex, Satori Finance, KiloEX and MYX.
Derive Protocol Airdrop Details
- Derive Protocol Airdrop size – 20% of total supply
- Derive Protocol Airdrop claim date – 15 January 2025
- Derive Protocol Airdrop listing date – TBD
- Total amount raised from Investors – 6.8 Million
- Derive XYZ airdrop participation link – Join Derive Airdrop Here
Derive Protocol Airdrop Eligibility Requirements –
- KYC is not needed.
- Yout must have followed each step down below in the same sequence.
- This airdrop is available on multi-chain, you can join with EVM on 4 different chains including Ethereum, Optimism, Arbitrium and Base.
- As trading is needed, fees per staking will be taken by the platform.
You need to deposit some crypto for collatoral of your Leverage, for that you must have some USDC, which you can buy from Gate.io, Binance, Bitget, Bybit or MEXC.
Step by step guide to participate in Derive token Airdrop
Earn DRV points by trading, depositing collateral and referring friends to the protocol. DRV will be rewarded based on your share of DRV points each round. The DRV airdrop is scheduled for Jan 15 2025.
Step 1 – Visit the Derive Protocol Token Airdrop page here
Step 2 – Deposit your funds, any token can be deposited, as it will collateral.
Step 3 – Borrow some amount and Trade Futures or Options to collect as much point as possible.
Step 4 – Invite others to get Derive Protocol additional bonus points
Exclusive tip to get additional Derive Airdrop – Deposit more than $100 of funds, take leverage and trade atleast $10k worth of tokens. Borrow atleast once.
Why join Derive Airdrop –
- Well Estabilished Product [Already raised $6.8M, Earlier named as Lyra Finance]
- Working since 2021 in crypto space, and their tools/apps are already being actively used, still have $100m+ TVL.
Derive Protocol investors list –
Derive investors include Framework Ventures, Robot Ventures and has raised $6.8M since 2021
Derive Protocol token expected Return –
After going through the hype, looking at the investor’s previous returns, socials, the expected return is 3-5x. Although, Derive Protocol still need to launch their tokenomics and release schedules to give more details over expected returns on Derive XYZ.
Where to buy Derive Protocol tokens –
Currently, Derive is expected to be listed over Bitget and Bybit. You can later buy Derive tokens from these two exchanges after listing.
END NOTE –
As mentioned above, Derive Protocol is using point based method to provide airdrop to the users in Q1 2025. The more you trade and borrow, the more you get the airdrop points similar to other ongoing Perpetual/Options trading platforms Paradex, Satori Finance, KiloEX and MYX.
Here is the step by step guide on How to join Derive Protocol Airdrop with step by step guide in Hindi
