INTELLIGENCE / DERIVE

Derive Intelligence

Third-party XRPFi intelligence for FXRP collateral, XRP options, perpetuals, volatility and verified market flow.

Pro

SYNC

PRODUCTIVE FLOOR—24H —

FXRP LOOK-THROUGH—24H —

XRP COLLATERAL—24H —

FXRP POOLS—24H —

FLR CIRCULATING—24H —

SGB CIRCULATING—24H —

FLR BURNED—24H —

SGB BURNED—24H —CAPITAL ACTIVATION SPREAD—24H —

FLR USE FLOOR—24H —

SGB USE FLOOR—24H —WALLET ALERTS · 24H—24H —LARGE TRANSFERS · 24H—24H —

FLR WALLET PRESSURE—

SGB WALLET PRESSURE—

SMART ACCOUNT EVENTS · 24H—24H —

NET FLOW · 24H—THIRD-PARTY XRPFi—24H —

FLR—24H —

SGB—24H —

FLR TX · 24H—24H —

SGB TX · 24H—24H —

VALIDATORS—24H —

FLR STAKED—24H —

FXRP SUPPLY—24H —

MINT UTIL—24H —

PRODUCTIVE FLOOR—24H —

TOTAL ASSETS—24H —

FXRP SPOT—24H —

FXRP SUPPLIED—24H —

FXRP UTIL—24H —

FXRP LOOK-THROUGH—24H —

XRP COLLATERAL—24H —

FXRP POOLS—24H —

FLR CIRCULATING—24H —

SGB CIRCULATING—24H —

FLR BURNED—24H —

SGB BURNED—24H —CAPITAL ACTIVATION SPREAD—24H —

FLR USE FLOOR—24H —

SGB USE FLOOR—24H —WALLET ALERTS · 24H—24H —LARGE TRANSFERS · 24H—24H —

FLR WALLET PRESSURE—

SGB WALLET PRESSURE—

SMART ACCOUNT EVENTS · 24H—24H —

NET FLOW · 24H—THIRD-PARTY XRPFi—24H —

Third-party XRPFi · Derive

Derive XRPFi Intelligence

Track FXRP collateral deployed into Derive, how the XRP options and perpetuals surface is priced, and which verified market flows are actually passing through the venue.

LIVE

MARKET + CAPITAL SNAPSHOT

Derive At A Glance

Derive is treated as a third-party XRPFi destination. FXRP collateral deployed here stays separate from Flare-native protocol totals while still feeding the same verified-data, live-update and alert surfaces.

PUBLIC SURFACE

0.00%FXRP located

Collateral deployed on Derive 0.00 XRP Derive currently reports 0.00 XRP collateral supplied. Market activity and fees remain separate observations.

Verified market flow balance $248.70K buy $10.75K sell · $237.95K net

Taker flow split over the latest 24 hours. Buy share 95.9% · sell share 4.1%.

$259.46K24h notional

Options vs perp flow mix $230.21K options

Options 88.7% Perpetuals 11.3%

Shows where current XRP derivatives activity is concentrated on Derive.

71.27%Weighted IV

Surface quality + coverage 100.0% trade-tape coverage Call / put OI ratio 1.483 · observed 2026-09-14 15:49 UTC

THIRD-PARTY XRPFi TRUTH

External XRPFi Accounting · Separate Domain

Derive is accounted for in an independent third-party truth layer. These totals can cycle and build history without being added to FlareSignal's native Flare XRPFi productive-capital or yield totals.

NON-ADDITIVE TO NATIVE XRPFi

0.00%FXRP located

Observed third-party capital0.00 XRPShare of current FXRP supply observed in the separate third-party capital domain. A reported zero remains a valid live zero.

Verified economic output$67.56protocol fees · 24h

All-time verified fees $9,024.12Activity notional · 24h $259.46K

Only verified fee fields enter economic output. Notional remains derivatives-market activity.

100.0%Trade evidence

Official trade-tape coverage100.0%Coverage describes captured official activity evidence, not the proportion of XRP earning yield.

Third-party reporting state1 protocol

Official trades · 24h 168Derivatives notional · 24h $259.46K

This card reports the external truth layer without combining it with Flare-native XRPFi totals.

Accounting boundary: Third-party XRPFi capital and economic output are measured separately from Flare-native XRPFi. They are shown together for comparison but are never added together unless protocol-level overlap can be reconciled without double counting. Third-party capital therefore represents observed external exposure, not a claim of unique additional XRP.

THIRD-PARTY XRPFi · CAPITAL LOCATION

Where Is The XRP On Derive?

Observed third-party XRP capital0.00 XRP

Derive-reported XRP collateral0.00 XRP

Inflow · 24h0.00 XRP

Outflow · 24h0.00 XRP

Net flow · 24h0.00 XRP

FXRP supply share0.00%

Collateral observationLIVE · REPORTED ZERO

A change in Derive-reported collateral supply is treated as a protocol-level measured capital change. It does not identify an individual depositor or strategy, and the third-party aggregate remains explicitly non-additive to native Flare XRPFi capital.

ECONOMIC OUTPUT · THIRD-PARTY TRUTH

What Has XRP Derivatives Activity Generated?

Verified protocol fees · 24h$67.56

Verified protocol fees · all time$9,024.12

Notional activity · 24h$259,458.26

Premium activity · 24h$31,961.73

Official trades · 24h168

Trade-tape coverage100.0%

Only fee fields enter the third-party economic-output total. Premium volume, notional and trade count remain market-activity measures and are never relabelled as passive XRP/FXRP holder earnings. Derive does not expose one protocol-wide passive XRP APY.

COLLATERAL HISTORY

Derive XRP Collateral Movement

Verified collateral observations retained by FlareSignal. Use this to see whether FXRP deployment into Derive is expanding or contracting over time.

VERIFIED HISTORY

Collateral supply Latest 0.00 XRP Inflow 0.00 XRP Outflow 0.00 XRP

Create a Derive flow alert →Use collateral supply, net flow, open interest or volatility as a custom notification rule.

CURRENT MARKET SURFACE

XRP Options + Perpetuals

Options open interestSTALE

5,003,805.99

count

Call open interestSTALE

2,988,436.00

count

Put open interestSTALE

2,015,370.00

count

Perp open interestSTALE

395,897.15

count

Forward priceSTALE

1.4055

usd

Funding · hourlySTALE

0.00125%

percent

RISK SURFACE

Volatility, Spread And Greeks

Bid IV38.37%

Ask IV50.41%

Weighted spread2,565.64 bps

Bid depth · 5%—

Ask depth · 5%—

Delta / gamma / theta0.07993 · 1.2722743 · -0.00138

Vega / rho0.00065 · 0.00180

Options instruments312

SIGNATURE CAPITAL MAP · THIRD-PARTY LAYER

Capital State + Verified Derivatives Flow

Follow the XRP-derived capital state into Derive and then separate that deposited collateral from the market activity it supports. Collateral, options flow and perpetual flow remain distinct accounting layers.

VISUAL

FXRPDERIVE

XRPFi CAPITAL

UNDERLYINGXRPorigin capital

FXRP146.52M FXRPtotal issued supply

Derive0.00 XRPverified collateral state

DERIVATIVES MARKET ACTIVITY

Collateral0.00 XRPcapital supporting positions

OPTIONS$230,214.4824h notional · premium $2.72K

PERPETUALS$29,243.7924h notional · funding 0.00125%

VERIFIED FLOW · 24H

TAKER BUY$248,703.92

TAKER SELL$10,752.37

NET FLOW$237,951.55market flow, not a change in deposited collateral

Capital state and market flow remain separate evidence types.Derive collateral is not added into native XRPFi totals without explicit overlap reconciliation.

TERM STRUCTURE

Expiry And Strike Surface

4 EXPIRIES

Expiry	Open interest	Share
2026-09-25	2,852,336.00	57.0%
2026-10-30	1,922,680.00	38.4%
2026-09-18	214,110.00	4.3%
2026-10-02	14,680.00	0.3%

Strike	Open interest	Rank
$3.5000	1,050,000.00	#1
$1.3000	1,025,200.00	#2
$1.1500	889,620.00	#3
$1.5000	433,050.00	#4
$1.4000	356,220.00	#5
$1.4500	287,510.00	#6
$1.5500	187,180.00	#7
$1.2000	130,255.00	#8
$1.8000	124,630.00	#9
$1.6000	93,830.00	#10
$1.6500	91,570.00	#11
$1.7000	70,700.00	#12

Largest expiry 2026-09-25 Largest strike $3.5000 Call / put OI 1.483

VERIFIED MARKET FLOW

Latest XRP Trades

Most recent settled public Derive trades first. Direction represents the taker side where supplied by Derive.

100.0% COVERAGE

24h public trade-tape coverage100.0%Flow totals are marked partial whenever the full API-reported page set cannot be observed in one collection cycle.

UTC	Instrument	Taker	Amount	Price	Notional	Evidence
2026-09-14 15:33:44 UTC	XRP-PERP	BUY	21.1000	$1.4026	$29.59	ONCHAIN
2026-09-14 15:33:44 UTC	XRP-PERP	SELL	21.1000	$1.4026	$29.59	ONCHAIN
2026-09-14 15:30:00 UTC	XRP-PERP	BUY	14.3000	$1.3988	$20.00	ONCHAIN
2026-09-14 15:30:00 UTC	XRP-PERP	BUY	14.2000	$1.3989	$19.86	ONCHAIN
2026-09-14 15:30:00 UTC	XRP-PERP	BUY	14.2000	$1.3989	$19.86	ONCHAIN
2026-09-14 15:30:00 UTC	XRP-PERP	SELL	14.3000	$1.3988	$20.00	ONCHAIN
2026-09-14 15:30:00 UTC	XRP-PERP	SELL	14.2000	$1.3989	$19.86	ONCHAIN
2026-09-14 15:30:00 UTC	XRP-PERP	SELL	14.2000	$1.3989	$19.86	ONCHAIN
2026-09-14 15:30:00 UTC	XRP-PERP	BUY	14.2000	$1.3990	$19.87	ONCHAIN
2026-09-14 15:30:00 UTC	XRP-PERP	SELL	14.2000	$1.3990	$19.87	ONCHAIN
2026-09-14 15:05:45 UTC	XRP-PERP	BUY	14.3000	$1.3964	$19.97	ONCHAIN
2026-09-14 15:05:45 UTC	XRP-PERP	BUY	14.3000	$1.3965	$19.97	ONCHAIN
2026-09-14 15:05:45 UTC	XRP-PERP	SELL	14.3000	$1.3964	$19.97	ONCHAIN
2026-09-14 15:05:45 UTC	XRP-PERP	SELL	14.3000	$1.3965	$19.97	ONCHAIN
2026-09-14 15:05:27 UTC	XRP-PERP	SELL	14.3000	$1.3927	$19.92	ONCHAIN

Methodology

Official Derive public market surface

Active XRP instruments, option pricing, Greeks, volatility, open interest, perpetual metrics, collateral state and settled public trade history are collected directly from Derive’s public API, stored with provenance and UTC observation time, and then exposed through the same provenance-aware data layer used across the wider site.

Official ecosystem links

Derive sources

Derive XRP market Protocol docs API reference Flare integration note

PRO DEPTH · 1Y + FULL HISTORY

XRP Derivatives Structure Lab

Long-window structure analysis built from the same verified Derive observations above. Values are diagnostics, not trading signals.

PRO

Market structureCollateral · OI · PremiumNormalized long-window comparison

Taker flowBuy · Sell · PaceHow observed derivatives flow is changing

Expiry structureConcentration · RankWhere current options OI is concentrated

Historical contextMedian · Range · PercentileCurrent state against retained observations