The 25-year-old, who plied his trade with Charlton for the last two seasons, made 75 appearances and scored five goals during his time at The Valley.
Dervite started his professional career with Tottenham before leaving to sign for Spanish side Villarreal, while he has also represented France at every youth level through to the Under-21s.
After initially finding himself on the substitutes' bench at the start of the 2014/15 season, an injury to David Wheater allowed Dervite to establish himself as first choice in the Whites back-line alongside Matt Mills as he made 43 appearances during his first year at the club.
Striking up an impressive partnership with compatriot Prince-Desir Gouano at the start of the following season, a mixture of suspension and injury limited the defender to 26 appearances during the 2015/16 season.
Still managing to net his first Bolton goal against Cardiff City in December 2015, a knee injury against Birmingham City the following February saw his campaign ended prematurely.