Key Metrics
Perp Volume 30d$12,629
Perp Volume 30d by chain
Carbon$12,629
Perp Volume 7d$0
Carbon$0
Perp Volume 24h$0
Carbon$0
Cumulative Perp Volume$1.662b
Carbon$1.662b
Open Interest$2,793
Protocol Information
The first fully decentralized DEX that supports any type of financial market.
Audits:No
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubHacks
Date: Sep 25, 2026
Amount: $191,929
Classification: Bridge & Cross-Chain
Technique: Cross-Chain Message Spoofing
Chains: Demex, Ethereum, BSC
Bridge Hack
Language: Solidity
Target Type: DeFi Protocol
Demex Perp history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 21, 2022 to Oct 5, 2026.
All-time high TVL: $2.3m on Feb 9, 2023. All-time low TVL: $176,134 on Sep 30, 2026.
Daily TVL, Jul 19, 2026 to Oct 5, 2026
| Date | TVL |
|---|---|
| Jul 19, 2026 | $198,140 |
| Jul 20, 2026 | $197,953 |
| Jul 21, 2026 | $198,097 |
| Jul 22, 2026 | $198,422 |
| Jul 23, 2026 | $198,216 |
| Jul 24, 2026 | $198,562 |
| Jul 25, 2026 | $198,422 |
| Jul 26, 2026 | $198,782 |
| Sep 14, 2026 | $184,525 |
| Sep 15, 2026 | $184,576 |
| Sep 16, 2026 | $184,595 |
| Sep 17, 2026 | $184,861 |
| Sep 18, 2026 | $184,798 |
| Sep 19, 2026 | $185,244 |
| Sep 20, 2026 | $185,011 |
| Sep 21, 2026 | $185,454 |
| Sep 22, 2026 | $185,386 |
| Sep 23, 2026 | $185,321 |
| Sep 24, 2026 | $184,995 |
| Sep 25, 2026 | $185,514 |
| Sep 26, 2026 | $185,413 |
| Sep 27, 2026 | $185,398 |
| Sep 28, 2026 | $185,023 |
| Sep 29, 2026 | $184,543 |
| Sep 30, 2026 | $176,134 |
| Oct 1, 2026 | $184,622 |
| Oct 2, 2026 | $184,746 |
| Oct 3, 2026 | $184,464 |
| Oct 4, 2026 | $184,387 |
| Oct 5, 2026 | $184,651 |
TVL at each month end, Oct 2024 to Oct 2026
| Date | TVL |
|---|---|
| Oct 31, 2024 | $1.32m |
| Nov 30, 2024 | $1.22m |
| Dec 31, 2024 | $774,096 |
| Jan 31, 2025 | $884,156 |
| Feb 28, 2025 | $927,738 |
| Mar 31, 2025 | $874,723 |
| Apr 30, 2025 | $875,992 |
| May 31, 2025 | $734,388 |
| Jun 30, 2025 | $615,641 |
| Jul 31, 2025 | $622,566 |
| Aug 31, 2025 | $619,843 |
| Sep 30, 2025 | $617,853 |
| Oct 31, 2025 | $609,317 |
| Nov 30, 2025 | $591,805 |
| Dec 31, 2025 | $576,902 |
| Jan 31, 2026 | $559,989 |
| Feb 28, 2026 | $552,368 |
| Mar 31, 2026 | $458,012 |
| Apr 30, 2026 | $361,178 |
| May 31, 2026 | $277,158 |
| Jun 30, 2026 | $266,588 |
| Jul 26, 2026 | $198,782 |
| Sep 30, 2026 | $176,134 |
| Oct 5, 2026 (latest) | $184,651 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $1.8m |
| Dec 31, 2023 | $1.39m |
| Dec 31, 2024 | $774,096 |
| Dec 31, 2025 | $576,902 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/demex-perp
Frequently asked questions
What is Demex Perp's TVL?
As of Oct 5, 2026, Demex Perp has $184,651 in total value locked. TVL has decreased 7.1% over the past 30 days.
What chains does Demex Perp operate on?
Demex Perp operates on Carbon.
How much perpetual futures volume does Demex Perp process?
Demex Perp processed $12,629 in perpetual futures volume over the past 30 days.
Has Demex Perp ever been exploited?
Demex Perp has 1 recorded security incident. The most recent incident occurred on Sep 25, 2026 and involved $191,929. It was classified as Bridge & Cross-Chain.