Navigate to Home Page
⌘K

ProtocolsMorphex V2

INCLUDE IN TVL:

Morphex V2 (MPX)

Total Value Locked
$496,444  .csv
Chain Breakdown
Fantom$495,679
BSC$764.79
Include in TVL (optional)
$187,645
Staked
$187,645
$98,802
USDFTM

Protocol Information

Decentralized perpetual exchange, powered by Fantom.

Category:Derivatives

Forked from:GMX V1

Website Twitter

Token Information

Address:0x66eed5...0657eb

View on FTMscan

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

TVL codeFees and Revenue codeDerivatives Volume code

Competitors

MUX Perps ($19.8m)Mummy Finance ($1.38m)Lynx ($773,107)UniDex Perp ($94,098)Equity ($38,938)Jupiter Perpetual Exchange ($1.83b)Drift Trade ($944.14m)GMX V2 Perps ($445.54m)dYdX V4 ($382.36m)Hyperliquid HLP ($284.14m)