Derive taps Celestia for V3 scaling, custody and data availability
- —Derive has processed more than $40 billion in cumulative notional volume
- —It has published 43,082 blobs and 42.52 GiB to Celestia since January 2024
- —V3 delivers an order-of-magnitude throughput gain plus an L1 escape hatch
- —Celestia's Fibre upgrade advertises 150 MB/s of mainnet throughput
Why it matters: The case shows modular data layers can support institutional onchain derivatives while users keep an exit path to Ethereum.
Source: Blockchain.News