News - RootData

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BTC $68,267.94 2.11%

ETH $2,005.56 2.83%

USDT $0.9997 0.02%

XRP $1.48 2.23%

BNB $622.18 1.73%

USDC $1 0.00%

SOL $83.66 0.28%

HYPE $29.47 0.54%

TRX $0.2804 0.21%

DOGE $0.1019 1.97%

Institutional Ethereum reserves surge, Derive claims Q4 has explosive potential

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Derive DAO will initiate a buyback of DRV on the open market, with an initial amount of $205,000

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Derive will launch the DRV token in January next year, with 5% of the supply allocated to sENA stakers

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The Ethena Foundation provides millions of dollars in grants to Derive, and sENA holders will receive 5% of DRV

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The derivatives trading platform Derive has completed its angel round of financing, with participation from EtherFi co-founders and others.

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The options agreement Lyra launches the LDX token airdrop event, which will last for 12 weeks.

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Derive releases the governance proposal for the DRV token economics, planning to issue the token in the fourth quarter.

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The options agreement Lyra has been renamed to Derive and will release the DRV token update on September 4th.

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