If had 's mcap →
Derive is a decentralized protocol that creates programmable onchain options, perpetuals, and structured products.
Pendle is a protocol that enables the tokenization and trading of future yield.
FOR CONTEXT
$444.03M compared to the worldAbout this comparison
This page compares the market capitalizations of Derive (DRV) and Pendle (PENDLE). With Derive currently at $0.4297 per coin and a market cap of $430.07M, and Pendle at $2.56 with a market cap of $444.03M, applying Pendle's market cap to Derive's circulating supply produces a hypothetical DRV price of $0.4442 — a 1.03x move from current.
Derive: Derive is a decentralized protocol that creates programmable onchain options, perpetuals, and structured products.
Pendle: Pendle is a protocol that enables the tokenization and trading of future yield.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If Derive had Pendle's market cap, what would the price be?
If Derive (DRV) had Pendle's (PENDLE) current market cap of $444.03M, each DRV would be worth approximately $0.4442 based on the circulating supply of 999,659,339 DRV. That is 1.03x the current DRV price of $0.4297.
What is the current market cap of Derive?
Derive (DRV) currently has a market cap of $430.07M, ranking #122 by market capitalization. Each DRV trades at $0.4297.
What is the current market cap of Pendle?
Pendle (PENDLE) currently has a market cap of $444.03M, ranking #121 by market capitalization. Each PENDLE trades at $2.56.
How does DRV compare to PENDLE?
Derive's market cap of $430.07M sits slightly above Pendle's $444.03M. For DRV to reach PENDLE's current valuation, the price would need to move 1.03x from its current level.
Is this comparison financial advice?
No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Derive's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.