Derive.

The onchain options desk. What the covered-call, spread and basis vaults actually earned — trailing realized APY from share price, not the advertised headline — ranked, risk-tagged, and framed against a monthly target.


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The read

What the vaults actually earned, ranked — and the single richest realized-yield seat on the desk right now.

OPTIONS DESKLargest onchain options venue — options-led open interest, five years incident-free.
>$1.2B OI~61% optionsDRV · Coinbase-listed
REALIZED YIELDDERIVE
Realized vault yields — what the strategies actually earned

Ranked on trailing realized APY computed from vault share price — not the advertised headline. Vault premiums mean-revert, so the board pairs every number with a variance flag; read the flag before you size in.

Top realized APY
Variance
Strategy

Tools only; not financial advice.

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