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ProtocolsMerkle Trade

Merkle Trade

Total Value Locked

Chain Breakdown
Aptos	$5.76m

	$5.34m
	$2.39m
	$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 ($1.11m)Thetis Perps ($724,372)AGDEX ($85,638)Jupiter Perpetual Exchange ($1.277b)Ethereal ($909.41m)Drift Trade ($700.42m)GMX V2 Perps ($285.6m)dYdX V4 ($209.94m)Hyperliquid HLP ($148.25m)GMX V1 ($71.31m)