> For the complete documentation index, see [llms.txt](https://deriverse.gitbook.io/deriverse/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://deriverse.gitbook.io/deriverse/instrument-derivatives.md).

# Instrument Derivatives

Instrument Derivatives refer to a set of derivatives, i.e. Futures & Options, from a given Instrument, e.g. SOL/USDC, with the same expiration date.

For example, a 7-day SOL/USDC call option is an Instrument Derivative of the SOL/BTC Instrument.