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ProtocolsMerkle Trade

Merkle Trade

Total Value Locked

Chain Breakdown
Aptos	$6.14m

	$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 ($1.14m)Jupiter Perpetual Exchange ($795.65m)Hyperliquid Perp ($623.35m)Drift Trade ($394.59m)GMX V2 Perps ($372.06m)dYdX V4 ($176.43m)dYdX V3 ($132.36m)GMX V1 ($101.05m)Wasabi ($83.29m)ApeX Pro ($80.96m)