Derive MCP Server
Click on "Install Server".
Wait a few minutes for the server to deploy. Once ready, it will show a "Started" state.
In the chat, type
@followed by the MCP server name and your instructions, e.g., "@Derive MCP ServerWhat's the current price and volume for BTC-PERP?"
That's it! The server will respond to your query, and you can continue using it as needed.
Here is a step-by-step guide with screenshots.
Derive MCP Server
An MCP (Model Context Protocol) server that provides market data from Derive.xyz (formerly Lyra Finance). All endpoints are public — no authentication required.
Tools
Tool | Description |
| List all available currencies |
| Details for a specific currency |
| List instruments (options, perps, ERC20) |
| Details for a specific instrument |
| Current price, volume, bid/ask for an instrument |
| Tickers for all instruments of a given type |
| Historical spot prices |
| OHLC candlestick data |
| Perpetual funding rate history |
| Borrowing interest rate history |
| Option settlement history |
| Current oracle price feeds |
| Liquidation events |
| Margin requirement simulation |
| Platform volume and open interest stats |
Setup
git clone https://github.com/aadarshvelu/derive-mcp.git
cd derive-mcp
npm installUsage
Claude Desktop
Add to ~/Library/Application Support/Claude/claude_desktop_config.json:
{
"mcpServers": {
"derive": {
"command": "node",
"args": ["/path/to/derive-mcp/server.mjs"]
}
}
}Restart Claude Desktop. The 15 market data tools will be available.
Claude Code
Add to your project's .mcp.json:
{
"mcpServers": {
"derive": {
"command": "node",
"args": ["/path/to/derive-mcp/server.mjs"]
}
}
}Or run directly:
claude mcp add derive node /path/to/derive-mcp/server.mjsMCP Inspector (debugging)
npx @modelcontextprotocol/inspector node server.mjsTests
node test-mcp.mjsRuns 16 tests against the live Derive API (15 tool calls + tool listing).
API Reference
All tools call the Derive public REST API at https://api.lyra.finance. No API keys or authentication needed.
Resources
Unclaimed servers have limited discoverability.
Looking for Admin?
If you are the server author, to access and configure the admin panel.
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