Layer 2 · rank #129

Derive DRV

DRV cycle analysis · chart, confirmed lows and fundamentals

$0.3964-0.4% 1d-4.8% 7d-1.8% 30d

bullish lean

30.2% below its 365-day high of $0.5681 (2026-10-10), +421.5% off the 365-day low. Snapshot 2026-10-21 UTC.

Last 18 months, log scale
0.079690.20690.53692026-052026-082026-10high 0.5681low 0.076
Where it stands

Not on the Broken Coins list.

Not on the Broken Coins list: 30% below its rolling 365-day high, under the 50% Watch line, and no crash trigger.

What changed

A baseline for the next check.

Recorded observations begin with the 2026-09-18 scan. There is no earlier one to compare.

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 2U

Last bars
2Ug 2Ug 3g 2Ug 2Ug
Confirmed low
$0.0910 · 2026-08-31
Position
2 of median ? (max ?)
Current low
$0.0779 · confirmed
Cycle-low confidence
—
Confirmed lows
1

Weekly 1

Last bars
2Ug 2Dr 3g 1r 1g
Confirmed low
$0.1348 · 2026-09-20
Position
5 of median 6.0 (max 8)
Current low
$0.3410 · unconfirmed
Confirms above
$0.5681
Cycle-low confidence
—
Confirmed lows
3

Daily 2U

Last bars
1g 2Dr 1g 2Ur 2Ur
Confirmed low
$0.3674 · 2026-10-15 (daily)
Position
6 of median 5 (max 18)
Current low
$0.3623 · unconfirmed
Confirms above
$0.4118
Cycle-low confidence
54%
Confirmed lows
24
The full read, in sentences
  • Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.091 (Aug 2026).
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 0.1348 (Sep 2026), week 5 of a cycle that has typically run 6. Current low 0.341 is unconfirmed — it confirms above 0.5681.
  • Daily: bar is a red 2-Up. Last confirmed swing low 0.3674 (2026-10-15), day 6 of a cycle that has typically run 5. Current low 0.3623 is unconfirmed — it confirms above 0.4118. Cycle-low confidence 54%.
  • Gauges: -26% from the all-time high.

Has Derive bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the DRV snapshot records on 2026-10-21 UTC:

Monthly: the last confirmed swing low is $0.0910 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.1348 from 2026-09-20. A newer candidate at $0.3410 is unconfirmed; its confirmation level is above $0.5681, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.3674 from 2026-10-15. A newer candidate at $0.3623 is unconfirmed; its confirmation level is above $0.4118, provided the candidate low is not undercut first.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is Derive below its high?

The Coinbase price snapshot is 30.2% below its rolling 365-day high of $0.5681 from 2026-10-10. Separately, CoinGecko reports -22.1% relative to its all-time high of $0.5089 in the fundamentals snapshot pulled 2026-10-21.

Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.

The recorded history

scan observations, not exact transition times

History starts with the 2026-09-18 scan. Nothing earlier was recorded, so nothing earlier is shown.

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health46 / 100 · Thin
Liquidity (24h volume / market cap)
can you get out
2.89 %8.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.5 x11.2 / 15
Size (market-cap rank)
survivorship
129 #6 / 15
Age on Coinbase
survived a cycle
0.4 yrs0.0 / 10
usagecould not look — no source data
tvlcould not look — no source data
momentumcould not look — no source data

4 of 7 measurable; score renormalized over what was measurable.

Market cap
$398.7M
Fully diluted
$598.3M
24h volume
$11.5M
Circulating
999,651,428 of 1,500,000,000 max
All-time high
$0.5089 · 2026-09-19 (-22.1%)
On Coinbase since
2026-05-28 (147 bars)
CoinGecko id
derive

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources