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ProtocolsMerkle Trade

Merkle Trade

Total Value Locked

Chain Breakdown
Aptos	$6.24m

	$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 ($1.49m)Jupiter Perpetual Exchange ($1.03b)Hyperliquid Perp ($779.37m)Drift Trade ($581.97m)GMX V2 Perps ($470.32m)dYdX V4 ($253.31m)Wasabi ($154.96m)GMX V1 ($109.88m)ApeX Pro ($82.23m)Vertex Perps ($71m)