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ProtocolsMerkle Trade

Merkle Trade

Total Value Locked

Chain Breakdown
Aptos	$6.12m

	$2.1m

TVLDerivatives VolumeMedian APYUSD InflowsTweets

Protocol Information

Merkle Trade is a Perp DEX that offers high leverage on a variety of pairs such as Crypto, Forex, and Commodity.

Category:Derivatives

Audits

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Methodology

TVL code Derivatives Volume code

Competitors

TsunamiX ($1.11m)Jupiter Perpetual Exchange ($907.24m)Hyperliquid Perp ($644.78m)Drift Trade ($448.4m)GMX V2 Perps ($381.99m)dYdX V4 ($192.25m)Wasabi ($137.45m)dYdX V3 ($106.35m)GMX V1 ($103.82m)ApeX Pro ($80.51m)