Automated strategy selling out-of-the-money call options on weETH to generate and compound yield. Yields often vary between 8-30% p.a. The vault also buys call options to limit the downside in case of large upwards price movements.
DRV Points3x Multiplier
Earn DRV Points for depositing your weETH into Derive.
EtherFi Points2x Multiplier
Earn boosted EtherFi Points for choosing EtherFi as your liquid restaking provider.
EigenLayer PointsVariable
Earn EigenLayer points for restaking to secure the AVS network.
ETH Staking Rewards...
Earn ETH staking rewards for securing the Ethereum network.
Execution RiskPer the Derive docs, for each market, there is a set of oracle inputs used for marking assets when computing margin and liquidations. This data is posted onchain for transparency and available via the public REST API. This data is provided by Block ScholesIt’s possible that feeds for certain assets (particularly less liquid ones) may have marks that deviate from the true fair value, which can result in suboptimal execution for the strategy vault.
weETH RiskHolding weETH carries its own set of risks, including but not limited to smart contract bugs, Ethereum bugs, price fluctuations and key management problems.
Bridge RiskTransferring assets from one network to another carries risks associated with the underlying bridge provider. In this product, we use Socket as the bridge provider. Please review their documentation for more details.
Smart Contract RiskInteracting with any smart contract carries the risk of losing access to your funds. The immutable nature of smart contacts makes it difficult and potentially impossible to recover them.
DisclaimerAny figures or numerical statements expressed on this interface such as total earnings, return or annual percentage yield are for estimation and informational purposes only and are not guaranteed. Users should consult with qualified professionals before making a decision to use this interface. Your use of the interface is subject to market risk and may result in a negative return. While we make every effort to ensure the interface is up to date, we do not guarantee the accuracy, completeness or currency of the information on this interface. Users are expected to exercise due diligence and verify information independently.