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![AleaResearch Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1555515751267811328.png) Alea Research [@AleaResearch](/creator/twitter/AleaResearch) on x 22.6K followers
Created: 2025-06-27 17:48:10 UTC

This week, we released a Thesis report on Derive.

A bet on Derive ( $DRV ) seeks venture-scale returns for backing a thesis that expects an alternative to CEXs for options & structured products onchain.

Derive ( $DRV ) is the onchain options leader, trading at a ~$40m FDV👇

![](https://pbs.twimg.com/media/Gud44GnaoAATKVm.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1938655609945301474/c:line.svg)

**Related Topics**
[drv](/topic/drv)
[$40m](/topic/$40m)
[onchain](/topic/onchain)
[exchanges cexs](/topic/exchanges-cexs)
[$drv](/topic/$drv)
[coins defi](/topic/coins-defi)
[coins base ecosystem](/topic/coins-base-ecosystem)
[coins layer 2](/topic/coins-layer-2)

[Post Link](https://x.com/AleaResearch/status/1938655609945301474)