A senior builder from Paradigm just made the leap to Derive, walking away from platforms processing $10B in monthly volume. DRV is sitting at $44M market cap right now—impressive for a protocol that siphoned 10% of Deribit's ETH options flow in just 24 hours. When infrastructure architects behind centralized venues flip to permissionless systems, it signals something the market hasn't fully digested yet.
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NftBankruptcyClub
· 22h ago
Everyone from Paradigm has moved to DeFi. What does this indicate?
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StakeOrRegret
· 22h ago
Did Paradigm's team go to derive? With such a clear signal, how come some people haven't jumped on board yet?
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MissingSats
· 22h ago
Everyone at Paradigm is moving to decentralized platforms. What does that indicate...
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NotSatoshi
· 22h ago
The big players in paradigm are all moving towards decentralization. Now Deribit should be worried.
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PumpDetector
· 22h ago
reading between the lines here... when the architects start leaving $10B venues for something doing 10% of deribit's flow in 24hrs? that's not a coincidence, that's a signal. market hasn't priced this in yet ngl
A senior builder from Paradigm just made the leap to Derive, walking away from platforms processing $10B in monthly volume. DRV is sitting at $44M market cap right now—impressive for a protocol that siphoned 10% of Deribit's ETH options flow in just 24 hours. When infrastructure architects behind centralized venues flip to permissionless systems, it signals something the market hasn't fully digested yet.