Voodoo Trade
Total Value Locked$2,520
| Base | $2,382 |
|---|---|
| Fantom | $138.59 |
| Include in TVL (optional) | |
|---|---|
| $26.06 |
Protocol Information
Voodoo Trade is the ultimate ETH-focused perpetual DEX on Base Network. Voodoo caters solely to the ETH/USDC pair, offering the deepest liquidity and most competitive margin fees available, on par with CEX rates. LPs can earn real yield from both margin trades and swaps on Base's most highly traded pair, with no need to hold any tokens besides ETH and stables. Voodoo is a fair launch platform with support from an array of Base Ecosystem stakeholders, and implements a long-term oriented tokenomics system that is the first of its kind for perpetual DEXs.
Development Activity
(updated at 14/02/24)
Weekly commits: 26
Monthly commits: 26
Weekly developers: 1
Monthly developers: 1
Last commit: 9 months ago (2024-02-14)
Methodology
Fees: Fees from open/close position (0.1%), swap (0.18% to 0.8%), mint and burn (based on tokens balance in the pool) and hourly borrow fee ((assets borrowed)/(total assets in pool)*0.0045%)
Revenue: Revenue is 70% of all collected fees, which goes to VMX stakers