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About DRV and MKR
Derive is climbing, while Maker is falling this week. The current DRV to MKR conversion rate is 0.00007893. Inversely, this means that if you convert 1 MKR you will get 12,670.09 DRV. The conversion rate of DRV/MKR has increased by 1.66% in the last hour (MKR/DRV decreased by 1.66%). In the last 24 hours, DRV/MKR grew by 1.09%, while MKR/DRV shrunk by the same amount.
The exchange rate of Derive is increasing. The current value of 1 DRV is 0.00007893 MKR. In other words, to buy 5 Derive, it would cost you 0.00039463 MKR. Inversely, 1 MKR would allow you to trade for 12,670.09 DRV while 50 MKR would convert to 633,504.53 DRV, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 28.88%. Meanwhile, in the last 24 hours, the rate has changed by 0.79%, which means that the highest exchange rate of 1 DRV to MKR was 0.00008229 MKR and the lowest 24 hour value was 1 DRV for 0.00007675 MKR. Last month, 1 DRV was worth 0.00004744 MKR. Today, it's up 39.89%. Looking back a year, Derive has changed by 0.00001251 MKR. That means that in a single year, the value of Derive has grown by 84.15%.
Derive Market Stats
Derive ($DRV) powers the Derive ecosystem, an onchain derivatives protocol for options, perpetuals, and structured products. DRV is used to coordinate governance, liquidity incentives, and ecosystem growth. Derive enables traders, market makers, and builders to create and access advanced financial products onchain - from yield strategies and hedging tools to leveraged speculation across digital assets.
Maker Market Stats
Maker is an Ethereum token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to generate another Ethereum token, called Dai, that seeks to trade on exchanges at a value of exactly US$1.00.
Conversion tables
DRV to MKR values from Today at 11:28 pm
0.5 DRV = 0.00003946 MKR |
1 DRV = 0.00007893 MKR |
5 DRV = 0.0003946 MKR |
10 DRV = 0.0007893 MKR |
50 DRV = 0.003946 MKR |
100 DRV = 0.007893 MKR |
500 DRV = 0.03946 MKR |
1,000 DRV = 0.07893 MKR |
MKR to DRV values from Today at 11:27 pm
0.5 MKR = 6,335.05 DRV |
1 MKR = 12,670.09 DRV |
5 MKR = 63,350.45 DRV |
10 MKR = 126,700.91 DRV |
50 MKR = 633,504.53 DRV |
100 MKR = 1,267,009.06 DRV |
500 MKR = 6,335,045.31 DRV |
1,000 MKR = 12,670,090.62 DRV |
DRV to MKR over time
DRV | Today | 24H 0.79% | 1M 39.89% | 1Y 84.15% |
|---|---|---|---|---|
0.5 DRV | 0.00003946 MKR | 0.00003915 MKR | 0.00002372 MKR | 0.000006257 MKR |
1 DRV | 0.00007893 MKR | 0.0000783 MKR | 0.00004744 MKR | 0.00001251 MKR |
5 DRV | 0.0003946 MKR | 0.0003915 MKR | 0.0002372 MKR | 0.00006257 MKR |
10 DRV | 0.0007893 MKR | 0.000783 MKR | 0.0004744 MKR | 0.0001251 MKR |
50 DRV | 0.003946 MKR | 0.003915 MKR | 0.002372 MKR | 0.0006257 MKR |
100 DRV | 0.007893 MKR | 0.00783 MKR | 0.004744 MKR | 0.001251 MKR |
500 DRV | 0.03946 MKR | 0.03915 MKR | 0.02372 MKR | 0.006257 MKR |
1,000 DRV | 0.07893 MKR | 0.0783 MKR | 0.04744 MKR | 0.01251 MKR |
Frequently asked questions
Right now, 1 Derive is worth about $0.1059.
Based on the current rate, you could get 9.44 DRV for 1 USD.
Derive price has been declining. Since yesterday, the exchange rate of Derive has decreased. Since last month, the exchange rate of Derive has increased. Since this time last year, the price of Derive has increased.
You can use our DRV to USD calculator at the top of this page to convert any amount of DRV to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 47.21 DRV. Inversely, 5 DRV will cost about $0.5296
Derive is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Derive.
There are a number of crypto assets that have the a similar or comparable market cap to Derive, including Cisco tokenized stock (xStock), MYX Finance, and TAC Protocol. For a more robust list of assets to explore, jump to the asset page dedicated to Derive.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.