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Derive (DRV) jumps 15% after launching V3 upgrade, eyeing $0.52 resistance for further gains

Protocol Fundamentals
09 Oct 2026
AMBCrypto
View Source
Bullish
Derive (DRV) jumps 15% after launching V3 upgrade, eyeing $0.52 resistance for further gains

Derive's token DRV rose 15% to around $0.50 following the launch of its V3 upgrade, which integrates Ethereum for faster, more secure trading. The update also simplifies deposits and borrowing, boosting trading volume sixfold to $112 million. DRV must break above the $0.52-$0.53 resistance to continue its rally, with support levels at $0.44 and $0.39. The trend remains positive but faces a key test at $0.52 for sustained gains.

Derive's token DRV is the subject, with Pluang market data providing context. Of 50 major cryptocurrencies on Pluang, 42 rose and 7 fell today. Notable movers include FIL at Rp19.449 (+8.87%), EOS at Rp12.649 (+8.13%), and VET at Rp140 (+7.42%). Data is as of Oct 10, 2026 00:51 WIB.

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