727 FinancePANews October 15 news, according to an official announcement, Huobi HTX will open DRV/USDT spot trading and grid trading at 20:00 on October 15 (UTC+8). DRV deposit services will open at 18:00 on October 15, and withdrawal services will open at 20:00 on October 16.
It is reported that Derive is a self-custodial crypto trading platform composed of three parts: Derive Chain, Derive Protocol, and Derive Exchange. Derive Chain is an Optimistic rollup based on OP Stack, with Ethereum as the main chain providing the settlement layer; Derive Protocol is deployed on this chain, enabling permissionless, self-custodial perpetual, options, and spot margin trading; Derive Exchange is a centralized limit order book responsible for matching and settling to the protocol.