**DRV jumps 6% after Coinbase listing 🚀** Derive Protocol’s token (DRV) climbed to **$0.083** after landing on Coinbase, marking its biggest centralized exchange listing yet. **Why it matters:** * Coinbase exposure opens DRV to millions of users * Derive now holds **$133M TVL** and **$51M open interest** * DRV powers governance, staking, and fee buybacks on the protocol Formerly known as **Lyra (LYRA)**, the token migrated to DRV in 2024 and is positioning itself as a major player in on-chain derivatives alongside Aevo and Hyperliquid. **Key level to watch:** whether Coinbase momentum translates into sustained protocol growth and higher trading volume.