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ProtocolsMerkle Trade

Merkle Trade

Total Value Locked

Chain Breakdown
Aptos	$6.53m

	$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 ($1.26m)Jupiter Perpetual Exchange ($1.293b)Hyperliquid Perp ($1.028b)Drift Trade ($728.86m)GMX V2 Perps ($551.36m)dYdX V4 ($341.14m)Wasabi ($143.89m)GMX V1 ($112.88m)ApeX Pro ($80.45m)Vertex Perps ($79.36m)