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Trader intelligence for Derive: who is trading, what they hold, who is good, and what the rules say is mispriced. Built from public fills and quotes, refreshed every few minutes.

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Every number on the site is computed from public data by fixed rules; nothing is hand-picked except the wallets we say we follow. Nothing here is investment advice. Links to Derive may use Optionly's broker code, which pays Optionly a share of exchange fees at no cost to you. © 2026 Optionly.

Updated 7 Oct, 21:24 UTC · auto-checks every 5 min

Track the traders making money on Derive

Smart money (18 of 72 wallets whose returns hold up) is net long $18.7M HYPE.

Markets · 0swipe for more →

Smart money

18 of 72 wallets whose returns hold up · the five with the best 30-day P&L and 12+ weeks of history
How it's picked →
10x3bf6…3efbmarket maker+$4.5M 30d
all time
+$10.6M
on exposure
+2%
weeks up
69% of 16
max DD
-$2M
last sold 0.415 ETH perp 7 days agoall time +$10.6M+2% on exposure69% of 16 weeks upmax DD -$2Mlast sold 0.415 ETH perp 7 days ago
20xb4b8…4df9premium seller+$432.5K 30d
all time
+$1.3M
on exposure
+27%
weeks up
56% of 16
max DD
-$231K
last sold 100 ZEC 1.4k call, 23 Oct 26 a day agoall time +$1.3M+27% on exposure56% of 16 weeks upmax DD -$231Klast sold 100 ZEC 1.4k call, 23 Oct 26 a day ago
30xe492…d08cpremium seller+$398.7K 30d
all time
+$825.1K
on exposure
+4%
weeks up
50% of 16
max DD
-$173K
last sold 30 ETH 2.7k call, 16 Oct 26 6 days agoall time +$825.1K+4% on exposure50% of 16 weeks upmax DD -$173Klast sold 30 ETH 2.7k call, 16 Oct 26 6 days ago
40xf795…5c43market maker+$77.7K 30d
all time
+$214.4K
on exposure
+17%
weeks up
69% of 16
max DD
-$87K
last sold 1.272 ETH perp 2 months agoall time +$214.4K+17% on exposure69% of 16 weeks upmax DD -$87Klast sold 1.272 ETH perp 2 months ago
50x7e04…4cdctwo-way trader+$39.3K 30d
all time
+$56.3K
on exposure
+5%
weeks up
63% of 16
max DD
-$17K
last sold 100 HYPE 100 call, 16 Oct 26 a day agoall time +$56.3K+5% on exposure63% of 16 weeks upmax DD -$17Klast sold 100 HYPE 100 call, 16 Oct 26 a day ago
KoolKrypto
Trade spotlight

The ETH $5,000–$7,000 call spread

at mark
-$845.6K

KoolKrypto bought 23,500 spreads for $898.2K, posted it on X, and 162 wallets followed. (@koolkrypto223) bought 23,500 ETH 26 Mar 5000/7000 call spreads for $898.2K and said so on X. 162 other wallets hold matching legs; 132 first appear in our fill history on or after the post.

ETH needs
+87% in 169d
Positions
51,028 · $1.6M
Spread now
$22.63 vs $38.22
Every entry →
spot 2.7k5.0k7.0k
Biggest Derive print, 24h
No prints above $50kDerive option trades in the last 24 hours
Smart money, net
long $18.7MHYPE delta · long $13.5M BTC
Ideas, last 30 days
-15.2%on cost · 355 ideas · 40% profitable

Trade ideas

rule-based, not advice; each card shows what triggered it
Track record, last 30 days: 355 ideas, average -15.2% on cost, 40% profitable

Each idea is recorded the first time it fires and marked at the current mid every 15 minutes; expired legs settle at intrinsic. Return is per unit of the structure as a share of the entry cost, before fees. Ideas open for less than a day are not scored yet.

Pin risk
157 ideas · -39.6% · 26% profitable
Vol mispricing
102 ideas · -25.7% · 33% profitable
Gamma wall
69 ideas · +38.2% · 80% profitable
Followed wallet
27 ideas · +29.5% · 44% profitable
1 ideasswipe for more →
Cross-venueNo cross-venue mispricing worth trading right now

The same option on Derive and Deribit is quoted within fees of each other on every contract we can match, or the gap is under a dollar a contract. That is the normal state; edges appear briefly when one book lags. Arb scanner.

Notable trades

Derive · Last 24h · Ranked by unusual activity

Full tape

No notable trades in the last 24 hours

No Derive option trades above $50k notional. This section updates as new trades arrive.

Alerts

whales, smart money, followed

No qualifying fills in the last 24 hours.

Who is positioned how

Cohorts →
Whale
+$24.5M
Leviathan
-$45.5M
Shrimp
+$499.1K
Smart money
+$37.2M
perp trader
-$53.6M

Net delta in dollars, 30 days; the bar is net as a share of gross.

Trending wallets

most traded in 24h
Leaderboard →
KoolKryptofollowedupside buyer$0.0 24h
0 fills, 0% optionstoday +$242K30d +$346K
Data timing

This page was calculated at 7 Oct, 21:24 UTC and checks for updates every 5 minutes while visible. Scheduled updates: quotes every minute; trade sync and alerts every 5 minutes; wallet statistics, cohorts and idea results every 15 minutes; wallet performance hourly.

Individual sources can be older than the page, and a check can return the same cached page while a newer version is prepared. Automatic checks pause in hidden tabs and catch up when you return.

Calculations and trade ideas use fixed rules and templates, not AI.

How to read this page

Market prices, open interest, volatility signals and flow on this page come from Derive. The biggest print is the largest contract execution or same-second sweep by underlying notional, before notable-trade ranking; a package leg is not the whole spread. Premium is the amount paid for the option. Deribit supplies comparison prices and the cross-venue scanner. Implied is the at-the-money vol interpolated to 30 days from the Derive chain; realized is the annualised standard deviation of daily index moves over the last 30 days. Below 0.85× we call options cheap, above 1.25× expensive. Smart money is the top quarter of wallets by risk-adjusted 90-day results, among those that made at least $5k and traded in the last two weeks, with market makers removed; "smart long" on an asset chip is their net delta. Ideas are generated by fixed rules from these numbers, not by a person or a model; payoff diagrams are per unit at expiry and ignore fees. Notable trades are ranked by size against the wallet's usual size, distance from spot, smart-money or followed status, price versus Deribit's mark, and package legs. Alerts are aggressor fills over $250k notional in options (with at least $2k premium) or $1M in perps, over $50k by a smart-money wallet, or over $10k by a wallet we follow by hand; market makers are left out of the whale rows. The same rules feed the Telegram alerts.