
Derive launches perpetuals on DRV and tokenized Ford stock with 5x leverage
- —Listing of DRV and $F perpetuals with maximum 5x leverage
- —Platform migrated to V3 on September 14 to increase throughput
- —DRV has a maximum supply of 1.5 billion tokens
- —35% of protocol fees go toward weekly DRV buybacks
Why it matters: Derive is expanding its perpetuals lineup to tokenized stocks, reinforcing the trend toward onchain trading of traditional assets.
Source: Crypto Briefing