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ProtocolsMorphex V2

INCLUDE IN TVL:

Morphex V2 (MPX)

Total Value Locked
$1.28m
  .csv
Chain Breakdown
Fantom$1.27m
BSC$719.07
Include in TVL (optional)
$451,929
Staked
$451,929
$480,614

Protocol Information

Decentralized perpetual exchange, powered by Fantom.

Category:Derivatives

Forked from:GMX V1

Token Information

Address:0x66eed5...0657eb

Methodology

TVL: Morphex liquidity is calculated by the value of tokens in the MLP pool. TVL also includes MPX staked.

Fees: Fees from open/close position (0.1%), liquidations, swap (0.2% to 0.8%), mint and burn (based on tokens balance in the pool) and borrow fee ((assets borrowed)/(total assets in pool)*0.01%)

Revenue: Governance revenue is 30% of all collected fees, which are distributed to MPX stakers