Perpetual markets
The official v3 API documentation demonstrates placing an ETH-PERP order on mainnet and lists perps alongside options, lending, and vaults.
Venue profile
A derivatives exchange with ETH-PERP on mainnet, order-book trading, and batches verified on Ethereum L1.
Reviewed names and aliases: Lyra, Derive Exchange
Documented details
Reviewed 2026-10-12
The official v3 API documentation demonstrates placing an ETH-PERP order on mainnet and lists perps alongside options, lending, and vaults.
Derive documents an order book and sub-millisecond matching. Its introduction says trades and risk settle on-chain through zero-knowledge proofs, with batches submitted to Ethereum L1 for verification.
The official docs list app.derive.xyz as the mainnet interface and separate it from the testnet app.
Check current terms on the official site before trading. Fees, leverage, markets, access, and collateral can change or depend on the account.