Community Update • We signed on a new strategic advisor bringing a large network and experience, who'll be announced in the coming weeks. • Several team members will attend @CoinfestAsia to connect with traders, funds, exchanges, and community members in the APAC region.

• The broker program is now live. We’ve launched a new affiliate dashboard where brokers and affiliates can track performance, volume, and income. • A fresh merch drop is coming soon, featuring tech bags, ESC buttons, lanyards, and new Derive tees.

• Our Rust-based CLOB upgrade is live on testnet:  – Sub-1ms order placement  – 200μs cancel latency  – Up to 20M TPS throughput • We are launching Derive Insights, a new research hub with guest articles, interviews, and thought leadership.

Derive remains the dark horse of DeFi, and momentum is building. As always, we keep shipping.