Ask about Adrena Protocol · freeTotal Value Locked$136,203
TVL by Chain
Solana$136,203
Key Metrics
Cumulative Fees$10.75m
Cumulative Fees by chain
Solana$10.75m
Cumulative Revenue$3.22m
Cumulative Revenue by chain
Solana$3.22m
Cumulative Holders Revenue$3.22m
Cumulative Holders Revenue by chain
Solana$3.22m
Cumulative Perp Volume$9.428b
Cumulative Perp Volume by chain
Solana$9.428b
Market Cap$43,434
$ADX Price$0.000044
Fully Diluted Valuation$43,747
$ADX Volume 24h$457.61
CEX Volume$0
DEX Volume$0(0% of total)
Staked$0(0% of mcap)
Protocol Information
Solana Perps DEX. 100x Leverage. 0% Slippage. 100% Rev Share. Open Source. Community Owned.
Audits:
Methodology
TVL: TVL counts tokens deposited in the Liquidity Pool.View code on GitHubFees: All fees accrued by liquidity pools.View code on GitHubRevenue: 20% to gov token holder, 10% to buyback gov token, 0% to protocol.View code on GitHubHolders Revenue: 20% to gov token holder, 10% to buyback gov token, 0% to protocol.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Adrena Protocol history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Nov 13, 2024 to Oct 19, 2026.
All-time high TVL: $26.75m on Jan 20, 2025. All-time low TVL: $136,140 on Oct 18, 2026.
Daily TVL, Sep 20, 2026 to Oct 19, 2026
| Date | TVL |
|---|---|
| Sep 20, 2026 | $312,809 |
| Sep 21, 2026 | $312,641 |
| Sep 22, 2026 | $326,296 |
| Sep 23, 2026 | $329,231 |
| Sep 24, 2026 | $324,682 |
| Sep 25, 2026 | $329,244 |
| Sep 26, 2026 | $328,237 |
| Sep 27, 2026 | $326,830 |
| Sep 28, 2026 | $329,992 |
| Sep 29, 2026 | $323,546 |
| Sep 30, 2026 | $326,507 |
| Oct 1, 2026 | $328,210 |
| Oct 2, 2026 | $328,752 |
| Oct 3, 2026 | $327,462 |
| Oct 4, 2026 | $330,114 |
| Oct 5, 2026 | $334,068 |
| Oct 6, 2026 | $331,978 |
| Oct 7, 2026 | $329,041 |
| Oct 8, 2026 | $323,058 |
| Oct 9, 2026 | $180,463 |
| Oct 10, 2026 | $303,217 |
| Oct 11, 2026 | $303,630 |
| Oct 12, 2026 | $306,170 |
| Oct 13, 2026 | $298,702 |
| Oct 14, 2026 | $302,487 |
| Oct 15, 2026 | $297,504 |
| Oct 16, 2026 | $297,941 |
| Oct 17, 2026 | $296,988 |
| Oct 18, 2026 | $136,140 |
| Oct 19, 2026 | $136,171 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $21.9m |
| Dec 31, 2024 | $22.98m |
| Jan 31, 2025 | $24.49m |
| Feb 28, 2025 | $16.33m |
| Mar 31, 2025 | $8.16m |
| Apr 30, 2025 | $6.82m |
| May 31, 2025 | $7.66m |
| Jun 30, 2025 | $8.11m |
| Jul 31, 2025 | $15.71m |
| Aug 31, 2025 | $17.09m |
| Sep 30, 2025 | $17.58m |
| Oct 31, 2025 | $16.45m |
| Nov 30, 2025 | $2.81m |
| Dec 31, 2025 | $1.5m |
| Jan 31, 2026 | $1.14m |
| Feb 28, 2026 | $509,022 |
| Mar 31, 2026 | $505,822 |
| Apr 30, 2026 | $569,206 |
| May 31, 2026 | $568,195 |
| Jun 30, 2026 | $439,973 |
| Jul 31, 2026 | $429,784 |
| Aug 31, 2026 | $500,397 |
| Sep 30, 2026 | $326,507 |
| Oct 19, 2026 (latest) | $136,171 |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Aug 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $583,297 | $174,990 | $174,990 |
| Dec 2024 | $796,000 | $238,801 | $238,801 |
| Jan 2025 | $758,070 | $227,423 | $227,423 |
| Feb 2025 | $409,681 | $122,906 | $122,906 |
| Mar 2025 | $487,667 | $146,301 | $146,301 |
| Apr 2025 | $1.17m | $349,801 | $349,801 |
| May 2025 | $779,753 | $233,923 | $233,923 |
| Jun 2025 | $681,038 | $204,313 | $204,313 |
| Jul 2025 | $674,924 | $202,474 | $202,474 |
| Aug 2025 | $889,928 | $266,977 | $266,977 |
| Sep 2025 | $929,584 | $278,875 | $278,875 |
| Oct 2025 | $1.18m | $353,861 | $353,861 |
| Nov 2025 | $571,094 | $171,327 | $171,327 |
| Dec 2025 | $290,632 | $87,189 | $87,189 |
| Jan 2026 | $253,633 | $76,093 | $76,093 |
| Feb 2026 | $285,279 | $85,583 | $85,583 |
| Mar 2026 | $3,293 | $987 | $987 |
| Apr 2026 | $3,419 | $1,026 | $1,026 |
| May 2026 | $2,324 | $694.41 | $694.41 |
| Jun 2026 | $855.22 | $257.51 | $257.51 |
| Jul 2026 | $423.13 | $127.09 | $127.09 |
| Aug 2026 | $109.24 | $32.71 | $32.71 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/adrena-protocol
Frequently asked questions
What is Adrena Protocol's TVL?
As of Oct 19, 2026, Adrena Protocol has $136,203 in total value locked. TVL has decreased 56.5% over the past 30 days.
What chains does Adrena Protocol operate on?
Adrena Protocol operates on Solana. Solana holds the largest share at 100%.
What is the ADX token price and valuation?
ADX is currently trading at $0.000044. Its circulating market capitalization is $43,434, ranking it #8,951. Its fully diluted valuation is $43,747. Supply currently stands at 987.94m circulating, 995.04m total supply, 1b maximum supply.
How has ADX performed recently?
ADX is down 36.4% over the past 7 days and down 61.6% over the past 30 days. Its all-time high is $0.23, reached on Nov 8, 2024. The token is currently 100% below that level.
How does Adrena Protocol's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Adrena Protocol ranks #95 by TVL. The category holds $1.97b across 423 protocols, and Adrena Protocol accounts for <0.1% of that total. Other leading protocols include Jupiter Perpetual Exchange, GMX Solana, Phoenix Perp, BULK, TurboFlow Perps, Bumpin Trade, Cardboard Trade, Parcl V3, Drift Trade, and Lavarage.