Logo of Cadence ProtocolCadence Protocol(CAD)
Total Value Locked$0.3

TVL by Chain

Canto$0.3

Key Metrics

Staked$0

Total Raised

Jan 22, 2024Round: Strategic Investors: Dewhales Capital, CSP DAO, FourMoons, Scott Lewis, Boz Menzalji, Aniket Jindal, Stephen Tong, Jasraj Bedi, Defi Dad, Nomatic, Bluntz Capital, Ryon Nixon

Protocol Information

Cadence Protocol is an intent-based perpetuals aggregator that unites DeFi by enabling an omnichain perpetuals experience with near-instant cross-chain execution speeds. It abstracts away all bridges, wallets, and chains into a simple one-click experience.

Category:Derivatives
WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Jupiter Perpetual Exchange ($746.31m)GMX V2 Perps ($203.89m)Hyperliquid HLP ($184.07m)Derive V2 ($154.24m)Extended Perps ($121.45m)dYdX V4 ($72.71m)AZverse Perps ($51.67m)dYdX V3 ($38.78m)Lighter Robinhood Perps ($34.43m)GMTrade ($31.75m)

Frequently Asked Questions

What is Cadence Protocol's TVL?

Cadence Protocol currently has $0.3 in total value locked.

What chains does Cadence Protocol operate on?

Cadence Protocol operates on Canto. Canto holds the largest share at 100%.

How does Cadence Protocol's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Cadence Protocol ranks #277 by TVL. The category holds $2.025b across 419 protocols, and Cadence Protocol accounts for <0.1% of that total. Other leading protocols include Jupiter Perpetual Exchange, GMX V2 Perps, Hyperliquid HLP, Derive V2, Extended Perps, dYdX V4, AZverse Perps, dYdX V3, Lighter Robinhood Perps, and GMTrade.