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ProtocolsMerkle Trade

Merkle Trade

Total Value Locked

Chain Breakdown
Aptos	$6.27m

	$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 ($1.5m)Jupiter Perpetual Exchange ($1.102b)Hyperliquid Perp ($966.68m)Drift Trade ($596.52m)GMX V2 Perps ($521.14m)dYdX V4 ($296.61m)Wasabi ($141.25m)GMX V1 ($110.44m)ApeX Pro ($83.22m)Vertex Perps ($75.39m)