Derive
Derive is a decentralized protocol that creates unique and programmable onchain options, perpetuals, and structured products.
as of 19 October 2026
Verdict
Quieter than it was: decisions are still being made, but less often than over the past year.
Key figures
Health breakdown
Activity
Activity is steady: 2 proposals in the last 90 days, against 5 over the year.
SnapshotParticipation
This sub-score could not be computed, so the remaining weights were adjusted to add up to 100%.
SnapshotTreasury diversification
97% of the treasury is the organization's own token, so its value moves with that token.
DefiLlamaVote decentralization
The top ten voters control 99% of the voting power cast in recent votes.
SnapshotWhat moved the score
- Treasury diversification3
- Vote decentralization3
- Activity73
What changed
- 7 Oct 2026Treasury rose from $194.2m to $255.4m.
- 3 Oct 2026One new proposal.
- 24 Sept 2026One new proposal.
- 19 Sept 2026Treasury rose from $126.1m to $216.5m.
- 17 Sept 2026Treasury rose from $69.6m to $108.9m.
Treasury
| Own token | $188m | 97% |
|---|---|---|
| Stablecoins | $4.9m | 2.5% |
| Other major assets | $53.1k | 0.0% |
| Other | $979.9k | 0.5% |
Treasury values move with token prices. See the daily history for how this figure has changed.
Governance activity
Proposals per month
Text version of this chart
| 2026-02 | 1 |
|---|---|
| 2026-04 | 1 |
| 2026-07 | 1 |
| 2026-09 | 1 |
| 2026-10 | 1 |
Health score over the last year
Text version of this chart
| Date | Value |
|---|---|
| 1 Sept 2026 | 30 |
| 2 Sept 2026 | 30 |
| 3 Sept 2026 | 30 |
| 4 Sept 2026 | 29 |
| 5 Sept 2026 | 29 |
| 6 Sept 2026 | 29 |
| 7 Sept 2026 | 29 |
| 8 Sept 2026 | 29 |
| 9 Sept 2026 | 29 |
| 10 Sept 2026 | 29 |
| 11 Sept 2026 | 30 |
| 12 Sept 2026 | 30 |
| 13 Sept 2026 | 30 |
| 14 Sept 2026 | 29 |
| 15 Sept 2026 | 29 |
| 16 Sept 2026 | 30 |
| 17 Sept 2026 | 29 |
| 18 Sept 2026 | 29 |
| 19 Sept 2026 | 29 |
| 20 Sept 2026 | 29 |
| 21 Sept 2026 | 29 |
| 22 Sept 2026 | 29 |
| 23 Sept 2026 | 29 |
| 24 Sept 2026 | 32 |
| 25 Sept 2026 | 32 |
| 1 Oct 2026 | 33 |
| 2 Oct 2026 | 33 |
| 3 Oct 2026 | 36 |
| 4 Oct 2026 | 37 |
| 5 Oct 2026 | 37 |
| 6 Oct 2026 | 37 |
| 7 Oct 2026 | 36 |
| 8 Oct 2026 | 36 |
| 9 Oct 2026 | 36 |
| 10 Oct 2026 | 36 |
| 11 Oct 2026 | 33 |
| 12 Oct 2026 | 33 |
| 13 Oct 2026 | 33 |
| 14 Oct 2026 | 33 |
| 15 Oct 2026 | 33 |
| 16 Oct 2026 | 33 |
| 17 Oct 2026 | 33 |
| 18 Oct 2026 | 33 |
| 19 Oct 2026 | 33 |
Recent proposals
DIP: Increase $DRV Buyback Allocation from 35% to 50% of Protocol Fees
2 Oct 2026DIP: Launch Derive V3
24 Sept 2026DIP: Fully Deprecate USDH Bridge and Return USDH to Owners
13 Jul 2026DIP: Update DRV Buybacks, Staking Emissions and Unstake Period
13 Apr 2026[DIP] Transfer Ownership of Protocol Parameters and Treasury Assets to Derive BVI Subsidiary
6 Feb 2026[Fixed] DIP: Strategic Mint for Institutional Expansion
23 Sept 2025
Participation and power
Top voters in recent votes
- 10x9Ba8…796C37%
- 20x9251…434314%
- 30xaf0F…e92e14%
- 40x2AcA…6ef88.8%
- 50x43ae…348e7.7%
- 60xF68D…64545.4%
- 70x1A21…dF894.2%
- 80xcC60…0F833.5%
- 90x4c9F…Fb012.3%
- 100x6f9B…8A1d1.1%
Addresses are shown as the source publishes them. daohaus.com makes no attempt to identify the people behind them.
Snapshot · 19 Oct 2026Sources and verification
Every figure on this page was read from one of these. Each row links to the page a person can check.
Share
Something wrong?
Tell us what's wrong, with a link we can check. Requests are public and answered within 7 days.
Something wrong?Comparing organizations side by side is planned for a future update.
A classification of how much control software agents hold is planned for a future update.