Substance Excha...

Total Value Locked

Chain Breakdown
Arbitrum	$483,244
ZetaChain	$89,899

TVLDerivatives VolumeFeesRevenueUSD InflowsTweets

USD ETH

Protocol Information

Substance Exchange is a derivatives protocol that leads the shift towards decentralized trading. SubstanceX offers futures and options, and achieves a pop-up-free trading experience through 1-click technology.

Category:Derivatives

Website Twitter

Methodology

TVL: The TVL of SubstanceX is equal to the total value of underlying assets locked in the USDX contract.

Fees: Fees paid by users

Revenue: Treasury and token holders revenue

TVL code Fees and Revenue code Derivatives Volume code

Competitors

GMX V2 Perps ($568.14m)Synthetix V3 ($139.2m)GMX V1 ($114.21m)Vertex Perps ($80.34m)ApeX Pro ($77.23m)Jupiter Perpetual Exchange ($1.368b)Hyperliquid Perp ($1.058b)Drift Trade ($750.57m)dYdX V4 ($342.17m)Wasabi ($137.28m)