Derive launches V3 with ZK settlement on Ethereum and isolated risk pools
- —Cumulative notional options volume hit $28.69 billion as of October 26
- —Q3 2026 volume reached $7.45 billion, up from $1.18 billion a year earlier
- —Derive accounts for more than 90% of weekly onchain options volume
- —DRV token surged 821% in September before settling near 470 won
Why it matters: V3 positions Derive as infrastructure for third-party services, but rivals Lighter and Variational are preparing options launches that could erode its lead.
Source: Blockmedia