Derive.xyz

A decentralized perpetuals exchange on Starknet offering up to 50x leverage with a unique multi-asset liquidity pool (DLP) that acts as the counterparty.

## Executive Summary Derive.xyz is a decentralized derivatives exchange built natively on Starknet, an Ethereum Layer-2 scaling solution known for its use of STARK-based validity rollups. The platform specializes in perpetual futures contracts, enabling traders to speculate on the price movements of assets like BTC and ETH with up to 50x leverage. Unlike traditional exchanges that rely on a central limit order book (CLOB), Derive.xyz operates on a synthetic liquidity model. Its core is the **Derive Liquidity Pool (DLP)**, a multi-asset pool composed of BTC, ETH, USDC, and USDT that acts as the