Derivative Trading Platform Derive Completes Angel Round Funding, EtherFi Co-Founder Among Investors

Article is form Jinse
September 13, 2024
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On September 13th, according to official reports, Derive (formerly Lyra) announced the completion of its angel round of financing. Investors included DCFGOD, RokKopp (co-founder of EtherFi), and SPREEK.

Derive is a decentralized cryptocurrency options and perpetual contracts trading platform that supports financial applications and products for various integrators, traders, and institutions. It aims to make its protocols and infrastructure easily accessible, paving the way for the next wave of on-chain innovation and breakthroughs.

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