Derive DRV buybacks
Derive bought back $172K of DRV in the 30 days to Nov 10, 2026, down 20.7% on the previous 30 days. At that pace it would spend about $2.09M a year, equal to 0.6% of DRV's $330M market cap. Recorded DRV buybacks total $1.78M since Feb 17, 2025, and Derive ranks #26 of 37 active buyback programs tracked here.
Most recent recorded buyback: Oct 28, 2026 ($9.21K)
Daily DRV buybacks
Show as table
| Day (UTC) | Buybacks |
|---|---|
| Nov 10, 2026 | $0 |
| Nov 9, 2026 | $0 |
| Nov 8, 2026 | $0 |
| Nov 7, 2026 | $0 |
| Nov 6, 2026 | $0 |
| Nov 5, 2026 | $0 |
| Nov 4, 2026 | $0 |
| Nov 3, 2026 | $0 |
| Nov 2, 2026 | $0 |
| Nov 1, 2026 | $0 |
| Oct 31, 2026 | $0 |
| Oct 30, 2026 | $0 |
| Oct 29, 2026 | $0 |
| Oct 28, 2026 | $9,206 |
| Oct 27, 2026 | $55,020 |
| Oct 26, 2026 | $0 |
| Oct 25, 2026 | $0 |
| Oct 24, 2026 | $0 |
| Oct 23, 2026 | $0 |
| Oct 22, 2026 | $0 |
| Oct 21, 2026 | $19,904 |
| Oct 20, 2026 | $5,237 |
| Oct 19, 2026 | $33,868 |
| Oct 18, 2026 | $0 |
| Oct 17, 2026 | $0 |
| Oct 16, 2026 | $0 |
| Oct 15, 2026 | $0 |
| Oct 14, 2026 | $0 |
| Oct 13, 2026 | $23,127 |
| Oct 12, 2026 | $25,417 |
| Oct 11, 2026 | $0 |
| Oct 10, 2026 | $0 |
| Oct 9, 2026 | $0 |
| Oct 8, 2026 | $0 |
| Oct 7, 2026 | $0 |
| Oct 6, 2026 | $0 |
| Oct 5, 2026 | $1,751 |
| Oct 4, 2026 | $49,377 |
| Oct 3, 2026 | $0 |
| Oct 2, 2026 | $0 |
| Oct 1, 2026 | $0 |
| Sep 30, 2026 | $0 |
| Sep 29, 2026 | $2,472 |
| Sep 28, 2026 | $37,076 |
| Sep 27, 2026 | $0 |
| Sep 26, 2026 | $0 |
| Sep 25, 2026 | $34,092 |
| Sep 24, 2026 | $8,797 |
| Sep 23, 2026 | $0 |
| Sep 22, 2026 | $1,894 |
| Sep 21, 2026 | $15,423 |
| Sep 20, 2026 | $37,231 |
| Sep 19, 2026 | $0 |
| Sep 18, 2026 | $0 |
| Sep 17, 2026 | $0 |
| Sep 16, 2026 | $0 |
| Sep 15, 2026 | $3,508 |
| Sep 14, 2026 | $25,013 |
| Sep 13, 2026 | $0 |
| Sep 12, 2026 | $0 |
| Sep 11, 2026 | $0 |
| Sep 10, 2026 | $0 |
| Sep 9, 2026 | $0 |
| Sep 8, 2026 | $0 |
| Sep 7, 2026 | $7,932 |
| Sep 6, 2026 | $0 |
| Sep 5, 2026 | $0 |
| Sep 4, 2026 | $24,085 |
| Sep 3, 2026 | $0 |
| Sep 2, 2026 | $436 |
| Sep 1, 2026 | $1,679 |
| Aug 31, 2026 | $1,709 |
| Aug 30, 2026 | $18,268 |
| Aug 29, 2026 | $1,811 |
| Aug 28, 2026 | $9,314 |
| Aug 27, 2026 | $20,726 |
| Aug 26, 2026 | $10,387 |
| Aug 25, 2026 | $4,943 |
| Aug 24, 2026 | $6,530 |
| Aug 23, 2026 | $638 |
| Aug 22, 2026 | $0 |
| Aug 21, 2026 | $1,733 |
| Aug 20, 2026 | $0 |
| Aug 19, 2026 | $0 |
| Aug 18, 2026 | $0 |
| Aug 17, 2026 | $0 |
| Aug 16, 2026 | $0 |
| Aug 15, 2026 | $640 |
| Aug 14, 2026 | $10,963 |
| Aug 13, 2026 | $964 |
Monthly DRV buybacks, all time
Show as table
| Month | Buybacks |
|---|---|
| Nov 2026 | $0 |
| Oct 2026 | $222,907 |
| Sep 2026 | $199,638 |
| Aug 2026 | $107,763 |
| Jul 2026 | $98,168 |
| Jun 2026 | $136,252 |
| May 2026 | $97,874 |
| Apr 2026 | $78,096 |
| Mar 2026 | $150,124 |
| Feb 2026 | $74,794 |
| Jan 2026 | $73,524 |
| Dec 2025 | $48,636 |
| Nov 2025 | $75,419 |
| Oct 2025 | $80,094 |
| Sep 2025 | $55,952 |
| Aug 2025 | $48,846 |
| Jul 2025 | $25,192 |
| Jun 2025 | $45,293 |
| May 2025 | $62,759 |
| Apr 2025 | $31,945 |
| Mar 2025 | $48,058 |
| Feb 2025 | $19,959 |
DRV buyback record and recent activity
- Largest single day (past year)
- $55.0K on Oct 27, 2026
- Largest month on record
- $223K in October 2026
- How often it buys
- Derive recorded buybacks on 7 of the last 30 days (in periodic batches). That averages $5.73K per day.
Last 7 days
| Day (UTC) | Buybacks |
|---|---|
| Nov 10, 2026 | None recorded |
| Nov 9, 2026 | None recorded |
| Nov 8, 2026 | None recorded |
| Nov 7, 2026 | None recorded |
| Nov 6, 2026 | None recorded |
| Nov 5, 2026 | None recorded |
| Nov 4, 2026 | None recorded |
How the DRV buyback works
DRV is bought on the open market and held by the protocol, its treasury or a dedicated fund.
- Holders revenue
- Fees going to governance token holders
- Token Buy Back
- USDC spent buying DRV on the Derive orderbook and, during the v3 migration, on CoW Swap.
Source: DefiLlama holders revenue for derive-options, derive-v3-options. First recorded buyback Feb 17, 2025, most recent Oct 28, 2026. Days are UTC. See the methodology for how yield and annualized figures are calculated.
DRV buyback FAQ
Does Derive buy back DRV?
Yes. Derive has an active DRV buyback program, with $172K bought back in the 30 days to Nov 10, 2026. DRV is bought on the open market and held by the protocol, its treasury or a dedicated fund.
How much DRV has Derive bought back?
$1.78M in total since Feb 17, 2025, including $1.33M in the last 365 days and $172K in the last 30 days (data through Nov 10, 2026).
How is the DRV buyback funded?
According to DefiLlama's methodology: Fees going to governance token holders. USDC spent buying DRV on the Derive orderbook and, during the v3 migration, on CoW Swap.
What is DRV's buyback yield?
0.6%. That is DRV's annualized buybacks ($2.09M, based on the last 30 days) divided by its market cap of $330M.