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ProtocolsMerkle Trade

Merkle Trade

Total Value Locked

Chain Breakdown
Aptos	$4.11m

	$4.28m
	$1.93m
	$2.1m

TVLDerivatives VolumeFeesRevenueMedian APYUSD InflowsTweets

Protocol Information

Merkle Trade is a Perp DEX that offers high leverage on a variety of pairs such as Crypto, Forex, and Commodity.

Category:Derivatives

Audits

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Methodology

Fees: Fees paid by users

Revenue: Treasury and token holders revenue

TVL code Fees and Revenue code Derivatives Volume code

Competitors

Thetis Perps ($522,704)TsunamiX ($294,096)AGDEX ($110,549)Jupiter Perpetual Exchange ($1.678b)Ethereal ($1.206b)Drift Trade ($805.91m)GMX V2 Perps ($375.12m)Hyperliquid HLP ($274.02m)dYdX V4 ($226.58m)Synthetix V3 ($108.01m)