← Project CheckDerive $DRV — Project Check
Is Derive legit or a rug? Here's an on-chain read of Derive ($DRV) on ethereum — its liquidity, holder concentration, contract control, and whether its X account matches the official account on its CoinGecko listing. Community health isn't scored here; run the live check for that.
ethereum · 0xb1d1eae6…de71be
High on-chain risk — significant red flags for a KOL considering this project.
Grounding✓ @derivexyz verifiedSmart Contract PlatformCoinGecko #249
Flags
- Top 10 wallets hold 82% of supply — concentrated; a few holders could sell into your audience.
- Valuation ($110.9M) is only 0.1% backed by tradable liquidity.
- Ownership is not renounced — the owner can still modify contract behavior.
100
Verified contract
Address is a deployed on-chain contract.
96
Official account verified
X account @derivexyz matches the official account on this token's CoinGecko listing.
44
Liquidity depth
Total liquidity is $74k.
15
Liquidity vs. valuation
Valuation ($110.9M) is only 0.1% backed by tradable liquidity.
90
Market activity
24h volume is $11k (0.15x liquidity).
58
Contract control
Ownership is not renounced — the owner can still modify contract behavior.
—
Liquidity lock
Liquidity lock not verifiable for this pool type.
79
Market age
Oldest market is 324 days old.
96
Supply overhang (unlock risk)
Supply is essentially fully circulating — little unlock overhang.
14
Holder concentration
Top 10 wallets hold 82% of supply — concentrated; a few holders could sell into your audience.
90
Holder base
56,426 holders.
90
Market presence
20 liquidity pools across DEXes.
83
Listing recognition
Listed on CoinGecko at market-cap rank #249.
Derive — frequently asked
Does Derive have enough liquidity?
Total liquidity is $74k.
Is Derive's supply concentrated in a few wallets?
Top 10 wallets hold 82% of supply — concentrated; a few holders could sell into your audience.
Can Derive's contract be changed or its supply minted?
Ownership is not renounced — the owner can still modify contract behavior.
Is Derive's X account the verified official one?
X account @derivexyz matches the official account on this token's CoinGecko listing.
Taking a deal with Derive?
Run the live check to add the community-health read — real vs manufactured engagement, and whether vetted creators actually engage — before you put your name on it.
Run the live check →On-chain and CoinGecko signals, cited — not financial advice. Always DYOR.