Potential Derive Airdrop » How to be eligible?

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Airdrop confirmed
Chain: Optimism

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Derive Airdrop Details

Lyra is now Derive and has raised $6.3 million in a recent angel fund raising. The Derive airdrop includes multiple distribution channels for $DRV tokens. The protocol has announced two main paths for users to receive tokens: trading on HyperLiquid and holding staked ENA (sENA) tokens.

For HyperLiquid traders, Derive has allocated 2.5% of the total $DRV token supply. The first 1,000 traders who meet specific criteria will be eligible for this portion of the airdrop. Additionally, sENA holders will receive 5% of the DRV tokens that were granted to the Ethena Foundation, creating another avenue for token distribution.

Derive Airdrop Claim Details

Visit the Derive Airdrop claim page.
Connect your wallet.
If you’re eligible then you will be able to claim free DRV tokens.
Users who’ve traded, deposited and referred users are eligible for the airdrop.
HyperLiquid traders, Derive has allocated 2.5% of the total $DRV token supply. The first 1,000 traders who meet specific criteria will be eligible for this portion of the airdrop. Additionally, sENA holders will receive 5% of the DRV tokens that were granted to the Ethena Foundation, creating another avenue for token distribution.
For more information regarding the airdrop, see this tweet.

Go to Airdrop

The Derive Protocol is a collection of smart contracts on Derive L2, an Ethereum rollup on the OP Stack governed by the DAO. There are three main components to the Protocol: subaccounts, managers and assets.

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