Derive Client

Python client for Derive Protocol - a decentralized derivatives trading platform on its own Ethereum L2

Trade options, perpetuals, and spot with full self-custody through smart contract wallets.

Full Documentation

CLI Tool Demo

Here is a quick demonstration of the CLI functionality:

Installation from PyPI

pip install derive-client

Quickstart

Create .env file

DERIVE_SESSION_KEY=0x2ae8be44db8a590d20bffbe3b6872df9b569147d3bf6801a35a28281a4816bbd
DERIVE_WALLET=0xA419f70C696a4b449a4A24F92e955D91482d44e9
DERIVE_SUBACCOUNT_ID=137626
DERIVE_ENV=TEST

Setup client, check market data and place an order.

from derive_client import HTTPClient
from derive_client.data_types import D, Direction, OrderType

# Initialize client
client = HTTPClient.from_env()

# Check market data
ticker = client.markets.get_ticker(instrument_name="ETH-PERP")

# Place an order
order_result = client.orders.create(
    instrument_name="ETH-PERP",
    amount=D("0.10"),  # 0.10 ETH
    limit_price=D("1000"),  # Buy at $1000
    direction=Direction.buy,
    order_type=OrderType.limit,
)

Examples

The fastest way to learn is by running the examples:

# Clone the repo (examples are not included in the package)
git clone git@github.com:8ball030/derive_client.git
cd derive_client

# Install editable with pip
pip install -e .

# Run with testnet credentials (pre-configured)
python examples/01_quickstart.py

The examples use .env.template with pre-filled testnet credentials, so you can run them immediately without setup.

• 01_quickstart.py - Connect and Place Your First Trade
• 02_market_data.py - Exploring Available Markets and Price Information
• 03_collateral_management.py - Deposits, Withdrawals, and Margin.
• 04_trading_basics.py - Order Lifecycle and Management
• 05_position_transfer.py - Moving Positions Between Subaccounts
• 06_bridging.py - Moving Assets Between Chains

NOTE: The bridging example cannot be ran using the TEST environment, as bridging is only available in PROD.

Using Your Own Account

To trade on mainnet or with your own testnet account:

1. Register at derive.xyz to get your LightAccount wallet
2. Create a subaccount
3. Register a session key (regular Ethereum private key for an EOA) as session key via the Developers page
4. Copy .env.template to .env and add your credentials:

DERIVE_WALLET=0x...           # Your LightAccount address
DERIVE_SESSION_KEY=0x...      # Session key private key
DERIVE_SUBACCOUNT_ID=1        # Your subaccount ID
DERIVE_ENV=PROD               # TEST or PROD

See authentication.md for a more detailed explanation.

Documentation

📖 Full Documentation

• Concepts - Account model, authentication, bridging, clients
• API Reference - Public API documentation
• Internal API - Internal API documentation

Development

From Source (for development)

git clone git@github.com:8ball030/derive_client.git
cd derive_client

# Install and spawn the virtual environment
make install
poetry shell

Quick Commands

make fmt        # Format code
make lint       # Run linters
make typecheck  # Type checking
make tests      # Run tests

Code Generation

make codegen-all

API Docs Generation

make docs

Or, run all the above make commands sequentially using simply:

make all

Releasing

Bump version and create release:

export new_version=0.1.5
tbump $new_version

The release workflow will automatically create a GitHub release and publish to PyPI.

Contributors

Zarathustra

8ball030

Saikat K

Andrei Augustin

DomRom

Mf

Supporting This Project

This client library is developed and maintained as an independent open-source project. When you use this library to trade on Derive, we may receive a small referral bonus (configured via the referral_code field in API requests). This helps sustain ongoing development and maintenance. We also set a default client identifier to help Derive track usage statistics across different client implementations. All code is open source and can be audited in this repository.