CoinVoice latest news, the options protocol Derive (formerly Lyra) announced a partnership with Ethena and officially joined the Ethena Network. As part of the collaboration, the Ethena Foundation provided Derive with millions of dollars in grants, while sENA token holders will be eligible to receive 5% of Derive DAO's DRV token supply.
It is reported that Derive currently occupies over 75% of the on-chain options market share, with a weekly trading volume of approximately $250 million and a total locked amount exceeding $80 million, having over 50,000 users. [Original link]