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DAppsDerivatives

Drakewell

Derivatives#37 in Derivatives
Open app
TVL
$27.8M
TVL 24h
+0.0%
TVL 7d
+5.6%

About Drakewell

JDrakewell is an issuer of onchain structured products, incubated by JPEG Trading, a high-frequency trading firm active across global crypto and DeFi markets. Its products are USDdw, a fixed yield token, and SPYdw, a hedged SPY portfolio. Drakewell brings institutional trading discipline and risk management onchain, with live proof of reserves.

Website: drakewell.fi

Chains · 3

  • Ethereum
  • Arbitrum
  • Aleo

Listings are not endorsements or investment advice. Always check the address before you connect a wallet: scam copies of popular apps are common.

Drakewell news

No COINMAG stories about Drakewell yet.

Drakewell: questions and answers

What is Drakewell?

JDrakewell is an issuer of onchain structured products, incubated by JPEG Trading, a high-frequency trading firm active across global crypto and DeFi markets. Its products are USDdw, a fixed yield token, and SPYdw, a hedged SPY portfolio. Drakewell brings institutional trading discipline and risk management onchain, with live proof of reserves.

Which blockchains does Drakewell support?

Drakewell works on 3 chains: Ethereum, Arbitrum, Aleo.

How much is locked in Drakewell?

According to DefiLlama, Drakewell holds $27.8M in deposits (+0.0% over 24 hours, +5.6% over 7 days).

Is Drakewell safe to use?

COINMAG lists apps from public data and does not audit them. Open Drakewell only from its official address (drakewell.fi), read its audits and start with small amounts.

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Data: DefiLlama, updated Nov 11, 2026

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