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ProtocolsMerkle Trade

Merkle Trade

Total Value Locked

Chain Breakdown
Aptos	$6.34m

	$2.1m

TVLDerivatives VolumeMedian 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

TVL code Derivatives Volume code

Competitors

TsunamiX ($1.15m)Jupiter Perpetual Exchange ($751.81m)Hyperliquid Perp ($603.19m)Drift Trade ($373.54m)GMX V2 Perps ($345.03m)dYdX V4 ($166.02m)dYdX V3 ($140.49m)GMX V1 ($100.44m)ApeX Pro ($85.98m)Wasabi ($78.46m)