Nick Forster
Nick Forster is the Co-Founder of Derive, an innovative decentralized protocol that creates programmable on-chain options, perpetuals, and structured financial products. He leads Derive, formerly Lyra, in redefining the options trading experience and attracting traders seeking a decentralized and efficient marketplace. Prior to founding Derive, he was an Equity Options Trader at Susquehanna International Group, a global quantitative trading firm.
Nick Forster Professional Experience / Academic History
Professional Experience
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Co-Founder
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Equity Options Trader
Academic History
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B.S., Mathematics
Nick co-founded Derive as a self-custodial derivatives platform to enable users to seamlessly engage in the buying and selling of crypto options.
The protocol operates on an Ethereum rollup within the Optimistic Rollup (OP) stack, ensuring high throughput and low-cost transactions.
Derive's revolutionary automated market maker (AMM) technology has made it one of the most popular DeFi options protocol in Web3.
He has been featured or quoted in CoinDesk, Cointelegraph, and Real Vision.
EARLY CAREER
At SIG, he focused on equity derivatives market making and proprietary trading.
He was a mathematics and economics tutor at St. Paul's College at the University of Sydney and Project Academy.
He spent four months as a financial risk management vacationer at KPMG in Sydney.