Announcements Derive (DRV) Initial Sale Result & Listing Schedule

Derive (DRV) Initial Sale Result & Listing Schedule

2025-01-14 23:59:08 UTC 17190 Read

DRV/USDT -6.30%

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**1 Derive (DRV) Token Subscription & Distribution Result**

The Gate.io Startup Derive (DRV) result is as follows:
DRV Startup   Amount: 370,370 DRV
Total value of orders (in USDT): 232,146,020 USDT
Total value of qualified orders (in USDT): 231,887,440 USDT
Tokens Per Share：46.29625 DRV
Number of orders: 74,695
Number of Qualified orders: 63,576
Percentage of qualified orders: 85.11 %
Percentage of succeeded purchases: 99.89 %
Number of participants: 74,695
Number of qualified participants: 63,576

F (distribution ratio) = 0.00065092560349714

Per the previous announcement, all qualified orders will have equal chance to obtain the token. To guarantee transparency and fairness, all original records are stored for possible third-party auditing.

**2 DRV Listing**

We will commence DRV trading at Jan 15th, AM 00:00 UTC. The withdrawal service will be available afterwards.

（1）Deposit DRV at: <a href="https://www.gate-learn.com/myaccount/deposit/DRV" target="_blank" title="">https://www.gate-learn.com/myaccount/deposit/DRV</a>
（2）Trade DRV at: <a href="https://www.gate-learn.com/trade/DRV_USDT?ch=ann42623" target="_blank" title="">https://www.gate-learn.com/trade/DRV_USDT</a>

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Gate.io Team
Jan 15th, 2025

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