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ProtocolsMerkle Trade

Merkle Trade

Total Value Locked

Chain Breakdown
Aptos	$6.54m

	$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 ($1.27m)Jupiter Perpetual Exchange ($1.285b)Hyperliquid Perp ($1.035b)Drift Trade ($727.96m)GMX V2 Perps ($556.17m)dYdX V4 ($344.5m)Wasabi ($144.77m)GMX V1 ($113.34m)ApeX Pro ($80.53m)Vertex Perps ($79.87m)