Substance Excha...

Total Value Locked

Chain Breakdown
Arbitrum	$483,271
ZetaChain	$142,466

	$370,246

TVLDerivatives VolumeFeesRevenueUSD InflowsTweets

USD ETH

Protocol Information

Substance Exchange is a derivatives protocol that leads the shift towards decentralized trading. SubstanceX offers futures and options, and achieves a pop-up-free trading experience through 1-click technology.

Category:Derivatives

Website Twitter

Methodology

TVL: The TVL of SubstanceX is equal to the total value of underlying assets locked in the USDX contract.

Fees: Fees paid by users

Revenue: Treasury and token holders revenue

TVL code Fees and Revenue code Derivatives Volume code

Competitors

GMX V2 Perps ($360.3m)GMX V1 ($97.68m)ApeX Pro ($85.91m)Vertex Perps ($62.48m)Derive V2 ($55.45m)Jupiter Perpetual Exchange ($780.8m)Hyperliquid Perp ($615.54m)Drift Trade ($392.75m)dYdX V4 ($167.87m)dYdX V3 ($135.94m)