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Derive Taps Celestia for Scalability of Onchain Options Exchange

Derive integrates Celestia's data availability layer to enhance its onchain options exchange capabilities.

Derive integrates Celestia's data availability layer to enhance its onchain options exchange capabilities. Celestia (TIA) is trading at ₹52.06 ($0.5486), up 0.8% since this brief published. This is an original Token Times brief based on reporting by Crypto Economy, with live market data added, as of Fri, 23 Oct 2026 18:00:01 UTC.

Why it matters

This integration aims to improve scalability and data accessibility for Derive's platform, which dominates onchain options trading, potentially attracting more users and increasing trading volume.

Key takeaways
  • Derive integrates Celestia's data availability infrastructure.
  • Derive accounts for 95% of onchain options premium volume.
  • The platform has processed over $40B in notional trading volume.
  • Celestia provides public data availability for state reconstruction.

Derive, a leading platform in onchain options trading, has announced the integration of Celestia's data availability layer to enhance its scalability and data accessibility. This move is designed to support the platform's growth and improve its ability to handle increasing trading volumes.

Derive currently accounts for approximately 95% of onchain options premium volume and has facilitated over $40 billion in cumulative notional trading volume. The integration with Celestia ensures that the data required to reconstruct the exchange's state is publicly available, which is crucial for user withdrawals and maintaining transparency.

Celestia's infrastructure provides a scalable solution for data availability, which is essential for platforms like Derive that operate in the rapidly evolving decentralized finance (DeFi) space. This integration could potentially attract more users and increase trading activity on the platform.

As of the latest data, Derive's TVL is $180.09 million, marking a 1.4% decrease over the past week, according to DeFiLlama. The broader crypto market remains relatively flat, with a total market cap of $2.81 trillion. Bitcoin has seen a modest 0.58% increase in the last 24 hours, while the Fear & Greed Index stands at 50, indicating a neutral market sentiment.

Celestia (TIA) is currently priced at $0.544089, experiencing a 4.18% drop in the last 24 hours and a 22.11% decline over the past week, with a market cap of $536.1 million. Derive's native token (DRV) is trading at $0.384928, up 1.07% in the last day but down 6.98% over the week, with a market cap of $383.85 million.

Market reaction since this brief Live

Since this brief published about 1 hour ago, Celestia (TIA) has moved from ₹51.63$0.5441 to ₹52.06$0.5486 — +0.83%.

$0.543$0.545$0.546$0.548$0.549 published · $0.544 now · $0.549 (+0.83%) Oct 23 16:49 UTC Oct 23 18:00 UTC
BeforeSince publishPublished · ₹51.63$0.5441
CoinAt publishNowSince publish
TIA₹51.63$0.5441₹52.06$0.5486+0.83%
DRV₹36.53$0.3849₹36.72$0.3869+0.51%

The chart plots TIA's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 TIA ≈ ₹55.91 (about $0.5486), down 3.2% over 24 hours. The rupee itself trades about 7.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

#107
₹52.06$0.5486 ▼ 3.19%
+0.83% since this brief published
7d -22.11%MCap ₹51.26BFull TIA data →
#124
₹36.72$0.3869 ▲ 1.77%
+0.51% since this brief published
7d -6.98%MCap ₹36.70BFull DRV data →
The market when this published · October 23, 2026
Total market cap₹266.28T
Bitcoin 24h+0.58%
Ethereum 24h+1.25%
BTC dominance58.5%
Fear & Greed50 · Neutral
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 23, 2026.

Derive TVL$180.09M-1.4% 7dDeFiLlama ↗
Bitcoin DeFi TVL$4.36BDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Derive Taps Celestia for Scalability of Onchain Options Exch — questions & answers

What is the significance of Derive's integration with Celestia?

The integration aims to improve scalability and data accessibility, supporting the platform's growth and increasing its capacity to handle trading volumes.

How much trading volume has Derive processed?

Derive has processed over $40 billion in cumulative notional trading volume.

What is the current market cap of Celestia and Derive?

Celestia's market cap is $536.1 million, while Derive's is $383.85 million.

How much is 1 Celestia worth in rupee today?

About ₹55.91 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.5486. The rupee price moves with both TIA's US-dollar price and the USDT/INR rate; use our Celestia in rupee page for any amount.

Has Celestia's price moved since this brief was published?

TIA is up 0.83% since this brief first published — trading at ₹52.06 ($0.5486) now versus ₹51.63 ($0.5441) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Crypto Economy. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 23, 2026 ⛓ Timestamped at Bitcoin block #972,802 sha256:62db64b0778570de
Based on reporting by Crypto Economy — this is an original Token Times summary with live market data, not the original article.Crypto Economy · Oct 23 16:49 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.