Day One support for Derive’s DRV token, plus trade and win
Earlier this week we announced a strategic partnership with Derive, a leading decentralized onchain options platform. Infinex is proud to support Derive’s new DRV token from Day One, and we’re celebrating the launch by hosting a two-week trading competition with a 1M DRV prize pool.
Jan 15, 2025
·Less than 1 min read
To participate, simply buy or trade DRV using the new Swidge feature in your Infinex Account from 06:00 UTC January 15 and 06:00 UTC January 29 to earn a share of 1 million DRV.
The prize pool will be distributed via an Infinex airdrop, and will be based on each participant’s notional trading volume of the DRV token, as per the snapshot taken when the competition ends.
Finally, please note:
- Swidge is currently rolling out to Infinex Patrons, and will be available to all Infinex users in the coming days.
- The Infinex Core Working Group reserves the right to disqualify any participant for suspected malicious behavior.
About the DRV token launch
The DRV token is Derive.xyz’s governance and utility token, with a capped total supply of 1 billion. DRV enables staking for governance, ecosystem rewards, and more. The token launch program began on December 3, 2024, with special bonuses and trading rewards leading up to the January 15, 2025 launch date. As part of the incentivized trading competition, users can earn rewards by trading DRV on Infinex, and liquidity provision on Aerodrome and Optimism.