Derivio Review 2026: v1 Wind-Down and the AI Terminal Pivot

Derivio began as a structured derivatives protocol on zkSync Era. Its v1 is now winding down with trading disabled, and the project is pivoting to an AI-native trading terminal.

zkSync Era

By the DappsAtlas editorial team · Updated Nov 5, 2026

DappsAtlas score

4.2/10

Weak

Visit Derivio

Our verdict on Derivio

4.2/10

Derivio is of most interest to people following how DeFi derivatives projects are moving toward AI-driven trading tools. Its main strength is a clear shift in focus, backed by a reported $6 million raise. The main caveat is that v1 is winding down, trading is disabled, TVL is tiny, and the new terminal has few published details on features, fees or custody. Anyone with v1 positions should act on the August 14, 2026 deadline. Everyone else should wait for concrete documentation before depositing funds.

Score breakdown

How Derivio scores

Security: 5.0/10
Ease of use: n/a
Fees: n/a
Features: 4.5/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is Derivio?

Derivio launched as an on-chain structured derivatives ecosystem on zkSync Era, listed in DeFi trackers since November 2023. Its stated aim was permissionless trading, earning and composing derivatives, with synthetic products designed to give traders risk-adjusted exposure.

The project is now in transition. Derivio v1 is winding down: trading is disabled, and open perp positions are scheduled to be force-closed at oracle price on August 14, 2026. Total value locked is about $33,655, which is small.

The homepage now brands Derivio as an AI-native trading terminal with the tagline 'Be early. Trade smarter. One terminal.' One report from March 2026 says the team raised $6 million, framing the project around agentic AI. The homepage lists no feature details, and no native token is listed.

How Derivio works

Derivio v1 was a structured derivatives ecosystem. It used smart contracts to create synthetic derivative positions, so a trader could take a view on relative price moves, such as ETH against BTC, without holding the underlying assets directly. Collateral backed the positions, and oracle prices determined their value and settlement.

In the wind-down, trading is disabled and open perp positions are closed at the oracle price on a set date, with collateral returned. This is how perpetual-style positions are typically settled when a protocol sunsets.

The current homepage describes a different product: an AI-native trading terminal for on-chain crypto, perps and RWA. Third-party descriptions mention analytics, trading and portfolio tracking in a single interface. How the AI component works is not documented.

6 features

Key features

AI-native trading terminal

The homepage positions Derivio as an AI-native terminal that brings trading into one interface.

Crypto, perps and RWA

Third-party descriptions say the terminal covers on-chain crypto, perpetuals and real-world assets.

Analytics and portfolio tracking

The terminal reportedly offers analytical tools and portfolio tracking alongside trade execution.

Structured derivatives (v1)

v1 offered synthetic derivatives meant to split risk-adjusted rewards into finer pieces for traders.

zkSync Era deployment

Derivio v1 ran on zkSync Era, a layer-2 network on Ethereum.

Permissionless design

The protocol's own pitch was permissionless trading, earning and composability.

Pros and cons

What we like

Clear stated direction: a single terminal for on-chain crypto, perps and RWA.
Two audits are listed for the v1 protocol.
The v1 wind-down has a published date and a defined settlement method (oracle price, collateral returned).
Reported $6 million funding round (single source) suggests continued development.
Runs on zkSync Era, a known Ethereum layer-2 with low transaction costs.

Watch out for

Derivio v1 is winding down: trading is disabled and open perp positions are set to be force-closed at oracle price on August 14, 2026.
TVL on zkSync Era is very small (about $33,655), which suggests little remaining usage of the v1 protocol.
The new AI-native terminal is described only in marketing terms, with no published details on features, pricing or architecture.
No native token is listed, so there is no governance or incentive token to evaluate.
Fee schedules, team details and audit reports are not published on the homepage.
Structured and synthetic derivatives are complex and can lose money, even with risk-adjusted framing.

Derivio fees

Derivio does not publish a fee schedule on its homepage. Trading fees, funding rates and any terminal subscription pricing are not stated.

Because v1 trading is disabled and the product is changing, any v1 fee figures would be out of date. Users should check the official site or in-app trade screen for costs before using the new terminal.

Is Derivio safe?

Two audits are listed for the v1 contracts, but the audit firms and reports are not named. Audits reduce but do not remove smart-contract risk. In a wind-down, the main risk is operational: users should make sure positions and collateral are handled as described before the August 14, 2026 deadline.

The team, licensing and regulatory status are not published on the homepage. Derivatives carry a high risk of loss, and availability may be restricted in some jurisdictions, so check the rules where you live. For the new terminal, the custody model is not described, so confirm whether it is non-custodial before depositing funds.

6 steps

How to get started with Derivio

1
Visit the official Derivio website and read any notice about the v1 wind-down.
2
If you hold v1 positions or collateral, check the guidance on the August 14, 2026 force-close and how collateral is returned.
3
Connect a wallet only on the official domain and verify the address bar before signing anything.
4
Review what the AI-native terminal currently offers, since its feature set is not detailed on the homepage.
5
Start with a small amount if you try the new terminal, and understand derivatives risk first.
6
Check the official social account for announcements instead of relying on airdrop pages.

Open Derivio

Who Derivio is for

Derivio suits existing v1 users who need to close out positions, and experienced traders curious about AI-assisted trading terminals who are comfortable with early-stage products. It is not a fit for beginners or anyone who needs published fees, audits and team information before depositing.

Derivio FAQs

Is Derivio shutting down?

Derivio v1, the on-chain structured derivatives protocol, is winding down. Trading is disabled, and open perp positions are set to be force-closed at oracle price on August 14, 2026 at 10:00 AM UTC. Users with positions should check the official site for how collateral is returned.

What is Derivio now?

The homepage presents Derivio as an AI-native trading terminal under the line 'Be early. Trade smarter. One terminal.' Third-party descriptions say it covers on-chain crypto, perps and RWA, with analytics, trading and portfolio tracking tools. The project does not publish a detailed feature list on its homepage.

Which blockchain does Derivio use?

The v1 protocol ran on zkSync Era. The project does not state which chains the new terminal supports.

Does Derivio have a token?

No. The data lists no native token for Derivio. Be cautious about any site advertising an airdrop, and verify claims only through the official channels.

Has Derivio raised funding?

One report from March 2026 says Derivio raised a $6 million funding round, framed around agentic AI in DeFi trading. The investors are not named in the information available here, so treat the figure as a single-source claim.

What did Derivio v1 offer?

Derivio v1 offered synthetic, structured derivatives that aim to granularize risk-adjusted rewards. One guide says users could, for example, short ETH/BTC and potentially profit in USD terms even when both assets fall. Returns are not guaranteed.

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