Can I use Derive in the US?
No. Derive is not available to users in the United States (checked Nov 9, 2026). Available in the US: Robinhood and Coinbase Advanced (code QX42NWM, up to $50 cash reward). Derive code 0xA724…D65f.
Checked 2026-11-09 · 1 sourceOfficial site: robinhood.com
- The Terms of Use bar US persons, Australian tax residents, Ontario residents and sanctioned persons. UK users may use the app only as investment professionals or high-net-worth companies. EU countries are not named as restricted.
- United Kingdom: partly available.
- European Union: unverified.
- Check the venue's own terms of use for your exact location. This is not legal advice.
Sources: Availability source. The venue's own page wins if it disagrees with ours.
Derive
Perp DEX · 0.06% round trip. Derive, formerly Lyra, is an onchain options and perpetuals exchange. Orders match offchain, while margin and settlement are proven with zero-knowledge proofs on Ethereum, where user funds sit in L1 contracts.
Full Derive sheet: fees, custody, incidents →
More on Derive: Overview · Referral code · US alternatives · Available in the US? · KYC required? · Mobile app? · Custodial? · Supported chains