Decentralized derivatives exchange Derivio launches mainnet on zkSync Era

Quick Take

  • Decentralized derivatives exchange Derivio launched its mainnet on zkSync Era. 
  • Derivio plans to hit $1 billion daily in trading volume within six months, its founder Michael Ho told The Block. 

Decentralized derivatives exchange Derivio launched its mainnet on zkSync Era. The platform offers traders perpetual futures, digital options, spot trades and other DeFi derivative products, providing quick transaction speeds and low costs.

"Derivio is committed to the creation of trustless and efficient on-chain derivative infrastructure. Our goal is to foster innovation in self-custody, self-sovereignty and economic liberty," its co-founder Michael Ho told The Block. 

Derivio plans to hit $1 billion in daily trading volume within six months, Ho added.

"Derivio’s cross-margining and multi-token pool design serves as the nexus for activating idle fund and a way for projects to enhance their token liquidity and offerings," the company said in a statement.

Binance-incubated 

Founded in 2022, Derivio has a globally distributed team and is incorporated at Saint Vincent and the Grenadines. The firm isn't disclosing its valuation or funding plans. 

Derivio is a part of the season 6 cohort of the Binance Labs incubation program, which offers resources and curriculum to web3 entrepreneurs and projects building in the Binance ecosystem. 


© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

AUTHOR

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.

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To contact the editor of this story: Nathan Crooks at [email protected]

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