DerivaDAO is a decentralised autonomous organisation (DAO) governing the DerivaDEX, a cryptocurrency exchange focused on derivatives trading. Launched in 2021, it was created to address inefficiencies in traditional centralised exchanges by providing a decentralised alternative with improved security, transparency, and user control. DerivaDAO operates as a community-driven platform, empowering token holders with decision-making privileges regarding the protocol's rules, fee structures, and overall development. The exchange offers a unique combination of off-chain order books and on-chain settlement, leveraging Layer 2 scaling solutions to enhance transaction speed and reduce costs. This progressive model ensures that users benefit from a seamless trading experience while maintaining ownership of their funds, showcasing DerivaDAO's commitment to innovation and security within the decentralised finance space.