#Derive Chain On-Chain Liquidity#
Hot Topic Overview
Overview
Derive Chain will launch its on-chain liquidity, with its native token DRV adopting LayerZero's OFT standard for cross-chain transfer, enabling circulation across Derive Chain, Base, and over 100 other chains from day one. Aerodrome will provide liquidity for the DRV chain and offer cross-chain bridging services. Previously announced, Derive will launch the DRV token in January, with 5% of the supply allocated to sENA stakers. This indicates that Derive is actively expanding its ecosystem and providing wider liquidity and use cases for its native token.
Ace Hot Topic Analysis
Analysis
Derive's on-chain liquidity means that the DRV token of the Derive protocol will be cross-chain through LayerZero's OFT standard, flowing between Derive Chain, Base, and over 100 chains from day one. Aerodrome will become a source of on-chain liquidity for DRV, providing wider liquidity support for the Derive protocol. Previously, Derive announced that it will launch the DRV token in January, with 5% of the supply allocated to sENA stakers. This means that Derive is actively building its ecosystem and expanding its influence through cross-chain liquidity, providing a more convenient trading experience for users. This move also shows that Derive is actively embracing cross-chain technology and is committed to becoming a leader in the on-chain options space.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Derive chooses the OFT standard to transfer DRV tokens across chains, enabling interoperability between Derive Chain, Base, and multiple other chains.
Aerodrome will provide liquidity for the DRV chain, offering more liquidity pools and trading opportunities for transactions on Derive Chain.
DRV tokens will be cross-chain from day one, allowing them to be transferred between Derive Chain, Base, and over 100 other chains, expanding their reach and usability.
Derive will launch the DRV token in January and allocate 5% of the supply to sENA stakers, encouraging community participation and support.