According to ChainCatcher, the derivatives trading platform Derive (formerly Lyra) announced the completion of its angel round of financing, with participation from DCFGOD, EtherFi co-founder Rok Kopp, SPREEK and others.

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