⌘K

ProtocolsCovo V2

INCLUDE IN TVL:

Staking

INCLUDE IN TVL:

Covo V2 (COVO)

Total Value Locked

Chain Breakdown
Polygon	$911.81

Include in TVL (optional)
Staking	$0

	$17,908

Protocol Information

A Decentralized Crypto Trading Platform with up to 50X Leverage.

Category:Derivatives

Website Twitter

Token Information

Address:0x681D3e...97d51F

View on PolygonScan

Methodology

Fees: Fees collected from open/close position, liquidations, and borrow fee

Revenue: Revenue is 40% of all collected fees, which goes to COVO stakers

TVL code Fees and Revenue code Volume code Derivatives Volume code

Competitors

ApeX Pro ($82.97m)Contango V2 ($63.24m)Gains Network ($31.53m)Orderly Perps ($19.4m)HMX ($17.03m)Jupiter Perpetual Exchange ($1.117b)Hyperliquid Perp ($966.13m)Drift Trade ($603.74m)GMX V2 Perps ($518.81m)dYdX V4 ($293.58m)