Alpha drops 3% upon launch, DRV falls over 23% from its October 10 historical high

BlockBeats news, October 14: According to market data, the DRV token of the on-chain options protocol Derive has dropped more than 3% since the Binance Alpha announcement. It has fallen over 23% from its high of $0.5631 reached on October 10, and is currently trading at $0.429, with a market cap of $85.71 million and a 24-hour trading volume of $3.7 million.