Key Metrics
Fees (Annualized)$4.9m
Fees 30d$438,062
Aptos$438,062
Fees 7d$104,812
Aptos$104,812
Fees 24h$31,301
Aptos$31,301
Cumulative Fees$2.37m
Aptos$2.37m
Revenue (Annualized)$4.9m
Revenue 30d$438,062
Aptos$438,062
Revenue 7d$104,812
Aptos$104,812
Revenue 24h$31,301
Aptos$31,301
Cumulative Revenue$2.37m
Aptos$2.37m
Perp Volume 30d$970.65m
Perp Volume 30d by chain
Aptos$970.65m
Perp Volume 7d$261.28m
Aptos$261.28m
Perp Volume 24h$60.67m
Aptos$60.67m
Cumulative Perp Volume$5.943b
Aptos$5.943b
$3.39m
Protocol Information
Decibel is a composable, onchain trading engine for spot, perps, and yield opportunities.
Methodology
TVL: TVL is the total USDC collateral in the Decibel perp engine plus USDC in the predeposit vault.View code on GitHubFees: Trading fees charged on every fill. Takers always pay, between 0.034% and 0.018% depending on their 30-day volume, and makers pay between 0.011% and 0% until they reach the top volume tiers. Also includes USDC and USDCbl paid into Decibel's fee treasury from outside the exchange.View code on GitHubRevenue: Everything Decibel charges, minus any maker rebates it nets out, plus the treasury deposits.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What is Decibel?
Decibel is a composable, onchain trading engine for spot, perps, and yield opportunities.
What is Decibel's TVL?
Decibel currently has $29.64m in total value locked. TVL has decreased 2.1% over the past 30 days.
What chains does Decibel operate on?
Decibel operates on Aptos. Aptos holds the largest share at 100%.
How much has Decibel generated in fees and revenue?
Over the past 30 days, Decibel generated $438,062 in fees. Of that, $438,062 was protocol revenue. Based on the trailing year, the annualized rate is $4.9m in fees and $4.9m in revenue.
How does Decibel's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Decibel ranks #10 by TVL. The category holds $1.985b across 418 protocols, and Decibel accounts for 1.5% of that total. Other leading protocols include TsunamiX, Thetis Perps, Mirage Protocol, AGDEX, Merkle Trade, Jupiter Perpetual Exchange, GMX V2 Perps, Hyperliquid HLP, Derive V2, and Extended Perps.
How much perpetual futures volume does Decibel process?
Decibel processed $970.65m in perpetual futures volume over the past 30 days.
