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ProtocolsMerkle Trade

Merkle Trade

Total Value Locked

Chain Breakdown
Aptos	$5.81m

	$4.64m
	$2.1m
	$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

TsunamiX ($1.16m)Thetis Perps ($824,945)AGDEX ($84,168)Jupiter Perpetual Exchange ($1.384b)Ethereal ($906.19m)Drift Trade ($723.59m)GMX V2 Perps ($303.23m)dYdX V4 ($214.95m)Hyperliquid HLP ($159.57m)GMX V1 ($88.22m)