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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 19 Oct, 21:36 UTC · auto-checks every 5 min

Track the traders making money on Derive

Smart money (10 of 23 wallets whose returns hold up) is net long $24.9M HYPE.

Markets · 0swipe for more →

Smart money

10 of 23 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+$5.8M 30d
all time
+$12.1M
on exposure
+2%
weeks up
73% of 15
max DD
-$2M
last sold 0.415 ETH perp 19 days agoall time +$12.1M+2% on exposure73% of 15 weeks upmax DD -$2Mlast sold 0.415 ETH perp 19 days ago
20xe1dc…69b7market maker+$420.3K 30d
all time
+$737.8K
on exposure
+1%
weeks up
60% of 15
max DD
-$226K
last sold 0.26276 BTC 88k call, 7 Oct 26 13 days agoall time +$737.8K+1% on exposure60% of 15 weeks upmax DD -$226Klast sold 0.26276 BTC 88k call, 7 Oct 26 13 days ago
30xb4b8…4df9premium seller+$151.8K 30d
all time
+$1.7M
on exposure
+26%
weeks up
71% of 14
max DD
-$341K
last sold 100 ZEC 1.4k call, 23 Oct 26 13 days agoall time +$1.7M+26% on exposure71% of 14 weeks upmax DD -$341Klast sold 100 ZEC 1.4k call, 23 Oct 26 13 days ago
40x15ef…51f3perp trader+$129.9K 30d
all time
+$1.3M
on exposure
+27%
weeks up
53% of 15
max DD
-$265K
last bought 1997.8 ADA perp 13 days agoall time +$1.3M+27% on exposure53% of 15 weeks upmax DD -$265Klast bought 1997.8 ADA perp 13 days ago
50xf795…5c43market maker+$82.1K 30d
all time
+$171.8K
on exposure
+15%
weeks up
67% of 15
max DD
-$71K
last sold 1.272 ETH perp 2 months agoall time +$171.8K+15% on exposure67% of 15 weeks upmax DD -$71Klast sold 1.272 ETH perp 2 months ago
KoolKrypto
Trade spotlight

The ETH $5,000–$7,000 call spread

at mark
-$1.6M

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 157d
Positions
51,028 · $1.6M
Spread now
$12.25 vs $38.22
Every entry →
spot 2.7k5.0k7.0k
Biggest Derive print, 24h
UnavailableDerive trade history is incomplete; retrying on refresh.
Smart money, net
long $24.9MHYPE delta · long $9.2M ETH
Ideas, last 30 days
-31.4%on cost · 218 ideas · 33% profitable

Trade ideas

rule-based, not advice; each card shows what triggered it
Track record, last 30 days: 218 ideas, average -31.4% on cost, 33% 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
89 ideas · -59.1% · 15% profitable
Vol mispricing
73 ideas · -49.2% · 23% profitable
Gamma wall
40 ideas · +59.7% · 90% profitable
Followed wallet
16 ideas · -23.5% · 44% profitable
3 ideasswipe for more →
Crowded tradeETH

5 smart-money wallets are long the ETH perp

Wallets
5 long
Net
+10,756.6 contracts
Trigger
≥5 wallets one side
Why this fires

Buy the ETH perp on Derive, in small size.

The steadiest traders on Derive rarely agree. Here 5 of them are on the same side of one contract, net +10,756.6 contracts. Their edge persists only weakly from month to month, so treat this as a shortlist, not something to copy blindly.

Rule: 5 wallets same side (rule fires at 5 or more).

Smart money book →
Crowded tradeBTC

5 smart-money wallets are long the BTC perp

Wallets
5 long
Net
+167 contracts
Trigger
≥5 wallets one side
Why this fires

Buy the BTC perp on Derive, in small size.

The steadiest traders on Derive rarely agree. Here 5 of them are on the same side of one contract, net +167 contracts. Their edge persists only weakly from month to month, so treat this as a shortlist, not something to copy blindly.

Rule: 5 wallets same side (rule fires at 5 or more).

Smart money book →
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

Some Derive trade history is unavailable. These trades may not cover the full 24 hours.

Trade history is temporarily unavailable

We’ll check again on the next refresh.

Alerts

whales, smart money, followed

No qualifying fills in the last 24 hours.

Who is positioned how

Cohorts →
Whale
-$56.3M
Leviathan
+$17.2M
Shrimp
+$947.5K
Smart money
+$39.7M
perp trader
-$51.6M

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 +$976K30d -$540K
Data timing

This page was calculated at 19 Oct, 21:36 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.