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ProtocolsMerkle Trade

Merkle Trade

Total Value Locked

Chain Breakdown
Aptos	$5.8m

	$4.63m
	$1.99m
	$2.1m

TVLDerivatives VolumeFeesRevenueMedian 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

Fees: Fees paid by users

Revenue: Treasury and token holders revenue

TVL code Fees and Revenue code Derivatives Volume code

Competitors

TsunamiX ($1.17m)Thetis Perps ($855,787)AGDEX ($88,162)Jupiter Perpetual Exchange ($1.435b)Ethereal ($822.86m)Drift Trade ($752.19m)GMX V2 Perps ($308.59m)dYdX V4 ($220.19m)Hyperliquid HLP ($181.29m)GMX V1 ($90.6m)