Derive co-founder & CEO Nick Forster joined DeFi Dad and Nomatic on The Edge Podcast's DeFi Frontier series for a wide-ranging conversation built around one question: could Derive V3 become for on-chain options what Lighter has become for on-chain perps?
🎙️ New @Edge_Pod
— DeFi Dad ⟠ defidad.eth (@DeFi_Dad) September 9, 2026
🐎 Could Derive V3 Be "The Lighter" of Onchain Options on Ethereum? | DeFi Frontier
0:00 - Intro
2:29 - Building blocks for onchain options
7:56 - The massive TAM for onchain options
11:28 - What is Derive V3? A new ZK app
16:48 - Where will V3 launch?
22:12 -… pic.twitter.com/lMrhLLHy3w
What they got into
Derive V3, unpacked: collapsing execution and settlement into a single ZK application, so onboarding takes a few lines of code instead of months of integration work.
The trillion-dollar gap: why on-chain options have lagged so far behind their traditional-finance counterparts, and where that opportunity actually sits.
Why Ethereum, and why unified: Nick's case for staying liquidity-unified on Ethereum L1 instead of splintering across app-chains.
"V2 proved DeFi options could settle billions. V3 is about proving they can settle trillions."
Nick Forster, Co-founder & CEO, Derive
Watch the full episode:
Worth the watch if you want the clearest look yet at where Derive is headed next.
The Derive Team
