DRV vs Gains

Gains leads on both live benchmarks. Gains wins on Perp DEX token P/E ratio 2026 (4.24x vs 90.7x), Perp DEX price to fees (3.08x vs 52.9x). Data as of 2026-10-31 UTC.

Read methodology Last measured Window: rolling 24h2 shared benchmarks
DRV logo
DRV

Derive (formerly Lyra) is an options and perpetuals exchange on its own OP Stack rollup with an off-chain orderbook and on-chain settlement. DRV is the protocol token.

Gains logo
Gains

Perp DEX on Polygon, Arbitrum, Base and Solana. Pool-based execution against the gToken vaults, oracle-priced trades with synthetic leverage.

Side by side measurements

Perp DEX token P/E ratio 2026: Hyperliquid, Lighter, GMX, dYdX, GNS live

Trading

DRV

Trails

90.7x

p99
90.7x
rank
#8
samples
2,880

Gains

Leads

4.24x

p99
4.24x
rank
#2
samples
2,880
P/E ratio
DRVn/aGainsn/a

P/E = fully diluted valuation (CoinGecko) divided by annualized protocol revenue (DeFiLlama dailyRevenue, 30-day trailing average x365). Protocol revenue = fees accruing to the treasury or token holders, not total user fees. Tokens without a CoinGecko listing show no P/E. FDV reflects total supply at current price, not circulating supply; tokens with large unvested allocations will show inflated FDV-based P/E. Updated hourly.

Perp DEX price to fees: what the market pays per dollar of trading fees

Trading
ProviderP/F ratioFDV / feesP/SFees 30dRevenue 30dFloat
DRV52.9x74.8x64.2x$550.3K$453.4K70.8%
Gains3.08x3.08x4.24x$241.2K$175.1K100.0%
View
DRVn/aGainsn/a

P/F = circulating market cap (CoinGecko) / annualized fees (DeFiLlama dailyFees, trailing 30d x 365/30), on the DeFiLlama parent the token accrues from. Fees include the share paid to liquidity providers; P/S uses protocol revenue only. Low-float tokens show a much higher FDV/F than P/F. Pre-TGE venues are listed unranked with fees and OI, no ratio. A low multiple is not a recommendation.

Frequently asked questions

DRV vs Gains: which one is better?

DRV and Gains are compared on 2 shared OpenChainBench benchmarks. Gains leads on Perp DEX token P/E ratio 2026. See the live table on this page for every metric.

Which has the lower p/e ratio, DRV or Gains?

On the Perp DEX token P/E ratio 2026 benchmark, Gains leads at 4.24x versus DRV at 90.7x. Live measurement is updated continuously by the OpenChainBench harness.

How is the DRV vs Gains comparison measured?

Every benchmark on this page uses the same open methodology, published at https://openchainbench.com/methodology. Data is CC-BY-4.0. Measurement harnesses are MIT-licensed.

Related comparisons

How this pair was selected

Auto-generated pairs require: both providers in the same benchmark for seven consecutive days, at least 1000 samples per provider, observable third-party search demand, and a public /products/[slug] page on OCB. Editorially curated pairs (like this one) may publish early when search demand is high and data is accruing; panels with fewer than 100 samples are shown as provisional. The full pair ledger is versioned in the public repo.

Live data refreshes via ISR within 60 seconds of a new run. Sources are the same Prometheus queries surfaced on the parent benchmark pages.