Ask about Challenge4Trading Perp · freeTotal Value Locked$608.52
TVL by Chain
Arbitrum$608.52
Key Metrics
Fees 30d$0.13
Fees 30d by chain
Arbitrum$0.13
Fees 7d$0.13
Arbitrum$0.13
Fees 24h$0
Arbitrum$0
Cumulative Fees$153.23
Arbitrum$153.23
Revenue 30d$0.13
Revenue 30d by chain
Arbitrum$0.13
Revenue 7d$0.13
Arbitrum$0.13
Revenue 24h$0
Arbitrum$0
Cumulative Revenue$153.23
Arbitrum$153.23
Perp Volume 30d$1,988
Perp Volume 30d by chain
Arbitrum$1,988
Perp Volume 7d$1,978
Arbitrum$1,978
Perp Volume 24h$1.34
Arbitrum$1.34
Cumulative Perp Volume$2.54m
Arbitrum$2.54m
Open Interest$1.02
Protocol Information
Challenge4Trading Perp (C4T) is a perpetuals trading protocol on Arbitrum.
Methodology
TVL: TVL for Challenge4Trading Perp (C4T) is the onchain USDC balance held by the perp contract on Arbitrum.View code on GitHubFees: Daily fees are tracked onchain from Arbitrum events and include open fees, close fees, liquidation fees, and rollover accruals emitted by the perp contract.View code on GitHubRevenue: All the fees (open fees, close fees, liquidation fees, and rollover accruals) are revenue.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubChallenge4Trading Perp history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 2, 2026 to Nov 12, 2026.
All-time high TVL: $621 on Sep 28, 2026. All-time low TVL: $81 on May 3, 2026.
Daily TVL, Oct 14, 2026 to Nov 12, 2026
| Date | TVL |
|---|---|
| Oct 14, 2026 | $603 |
| Oct 15, 2026 | $603 |
| Oct 16, 2026 | $603 |
| Oct 17, 2026 | $603 |
| Oct 18, 2026 | $603 |
| Oct 19, 2026 | $603 |
| Oct 20, 2026 | $603 |
| Oct 21, 2026 | $603 |
| Oct 22, 2026 | $603 |
| Oct 23, 2026 | $602 |
| Oct 24, 2026 | $603 |
| Oct 25, 2026 | $603 |
| Oct 26, 2026 | $603 |
| Oct 27, 2026 | $602 |
| Oct 28, 2026 | $602 |
| Oct 29, 2026 | $602 |
| Oct 30, 2026 | $602 |
| Oct 31, 2026 | $603 |
| Nov 1, 2026 | $603 |
| Nov 2, 2026 | $603 |
| Nov 3, 2026 | $603 |
| Nov 4, 2026 | $603 |
| Nov 5, 2026 | $603 |
| Nov 6, 2026 | $603 |
| Nov 7, 2026 | $607 |
| Nov 8, 2026 | $607 |
| Nov 9, 2026 | $607 |
| Nov 10, 2026 | $607 |
| Nov 11, 2026 | $607 |
| Nov 12, 2026 | $607 |
TVL at each month end, May 2026 to Nov 2026
| Date | TVL |
|---|---|
| May 31, 2026 | $284 |
| Jun 30, 2026 | $478 |
| Jul 31, 2026 | $482 |
| Aug 31, 2026 | $586 |
| Sep 30, 2026 | $603 |
| Oct 31, 2026 | $603 |
| Nov 12, 2026 (latest) | $607 |
Fees and revenue by UTC calendar month, Apr 2026 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Apr 2026 | $0.08 | $0.08 |
| May 2026 | $50.75 | $50.75 |
| Jun 2026 | $75.17 | $75.17 |
| Jul 2026 | $1.31 | $1.31 |
| Aug 2026 | $20.59 | $20.59 |
| Sep 2026 | $4.88 | $4.88 |
| Oct 2026 | $0.32 | $0.32 |
| Nov 2026 (to date) | $0.13 | $0.13 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/challenge4trading-perp
Frequently asked questions
What is Challenge4Trading Perp's TVL?
As of Nov 12, 2026, Challenge4Trading Perp has $608.52 in total value locked. TVL has increased 0.9% over the past 30 days.
What chains does Challenge4Trading Perp operate on?
Challenge4Trading Perp operates on Arbitrum. Arbitrum holds the largest share at 100%.
How much has Challenge4Trading Perp generated in fees and revenue?
Over the past 30 days, Challenge4Trading Perp generated $0.13 in fees. Of that, $0.13 was protocol revenue. Based on the trailing year, the annualized rate is $328.99 in fees and $328.99 in revenue.
How does Challenge4Trading Perp's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Challenge4Trading Perp ranks #214 by TVL. The category holds $1.774b across 425 protocols, and Challenge4Trading Perp accounts for <0.1% of that total. Similar protocols include GMX EVM, AZverse Perps, Apex Omni, Aevo Perps, MUX Perps, Antarctic, Gains Network, Contango V2, Evedex, and AlphaX.
How much perpetual futures volume does Challenge4Trading Perp process?
Challenge4Trading Perp processed $1,988 in perpetual futures volume over the past 30 days.