### On-Chain Liquidity Enhancement for DerivaDEX#

60
2
Posts
Hot Topic Details

Hot Topic Overview

Overview

Derive's on-chain liquidity is increasing, with its on-chain options protocol Derive announcing that Aerodrome will provide liquidity for the DRV chain. The DRV token will adopt LayerZero's OFT standard, enabling cross-chain transfers between Derive Chain, Base, and over 100 other chains from day one. This means Derive will be able to leverage Aerodrome's liquidity pools, providing deeper liquidity for its on-chain options trading and attracting more users. Additionally, Derive plans to cross-chain the DRV token to other chains, further expanding its user base and liquidity. These initiatives demonstrate Derive's active efforts to enhance its on-chain liquidity, laying a solid foundation for its ecosystem development.

Ace Hot Topic Analysis

小 A

Analysis

Derive is actively boosting its on-chain liquidity and plans to provide liquidity for the DRV chain through Aerodrome. Derive has chosen the OFT standard for cross-chain transfer of DRV, which means that DRV tokens will be cross-chain compatible between Derive Chain, Base, and over 100 chains from day one. This move will significantly boost Derive's liquidity and attract more users and trading volume to its ecosystem. Additionally, Derive will launch the DRV token in January and allocate 5% of its supply to sENA stakers, further incentivizing user participation in the Derive ecosystem. These initiatives demonstrate that Derive is actively building its on-chain liquidity infrastructure and laying a strong foundation for its future development.

Related Currencies

Public Sentiment

100%
0%

Discussion Word Cloud

Classic Views

Derive chooses the OFT standard for cross-chain transfer of DRV, enabling cross-chain liquidity between DeriveChain and Base.

1

Aerodrome will provide liquidity for the DRV chain and enable cross-chain through LayerZero's OFT standard, allowing the DRV token to be traded across multiple chains from day one.

2

The DRV token will be launched in January with 5% of the supply allocated to sENA stakers.

3

Derive is committed to fostering the development of on-chain options protocols through cross-chain liquidity enhancement.

4