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[Trading Resumed, Derive V3 Launched with No-Code Vault Creation Support] Odaily Planet Daily News: Derive announced on the X platform that Derive V3 has been launched, migration is complete, and trading has resumed. V3 assets are custodied on Ethereum, utilizing ZK proofs for margin and settlement processing, and supporting sub-millisecond order matching. The new version enables no-code vault creation, offers ETH and BTC risk hedging to enhance capital efficiency, and supports lending and borrowing of ETH, WBTC, HYPE, and USDC. Previously, the Derive community proposed migrating V2 positions to V3 and shutting down Derive Chain.

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Today 2026-11-05
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