Derive Traders

Every fill on Derive is public, so each wallet is labelled by how it trades. Labels are behavioural, not identities: maker share, RFQ use, option side bias, far-out-of-the-money buying, and the options-to-perps mix. Wallets with thousands of fills, half or more as maker, across many instruments are labelled market makers, as are those whose maker fills are two-sided within a minute. Market makers are hidden from the ranking by default because quoting is a different business from trading; the toggle below shows them.

Names come from Derive's own leaderboard (ENS) and the wallets we follow by hand; 119 of the 1,742 active wallets have one. Search accepts an ENS name, an X handle, a smart-wallet address or an owner address; an ENS name we have not seen is resolved on-chain when you open it.