Ask about Decibel · freeTotal Value Locked$29.25m
TVL by Chain
Aptos$29.25m
Key Metrics
Fees 30d$493,194
Fees 30d by chain
Aptos$493,194
Fees 7d$87,126
Aptos$87,126
Fees 24h$15,424
Aptos$15,424
Cumulative Fees$3.82m
Aptos$3.82m
Revenue 30d$493,194
Revenue 30d by chain
Aptos$493,194
Revenue 7d$87,126
Aptos$87,126
Revenue 24h$15,424
Aptos$15,424
Cumulative Revenue$3.82m
Aptos$3.82m
Perp Volume 30d$1.09b
Perp Volume 30d by chain
Aptos$1.09b
Perp Volume 7d$224.92m
Aptos$224.92m
Perp Volume 24h$32.88m
Aptos$32.88m
Cumulative Perp Volume$9.198b
Aptos$9.198b
Open Interest$2.7m
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 GitHubDecibel history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 26, 2026 to Nov 13, 2026.
All-time high TVL: $57.72m on Feb 26, 2026. All-time low TVL: $28.49m on Jun 24, 2026.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| Oct 15, 2026 | $29.58m |
| Oct 16, 2026 | $29.6m |
| Oct 17, 2026 | $29.73m |
| Oct 18, 2026 | $29.62m |
| Oct 19, 2026 | $29.68m |
| Oct 20, 2026 | $29.66m |
| Oct 21, 2026 | $29.43m |
| Oct 22, 2026 | $29.42m |
| Oct 23, 2026 | $29.38m |
| Oct 24, 2026 | $29.39m |
| Oct 25, 2026 | $29.27m |
| Oct 26, 2026 | $29.27m |
| Oct 27, 2026 | $29.27m |
| Oct 28, 2026 | $29.28m |
| Oct 29, 2026 | $29.27m |
| Oct 30, 2026 | $29.29m |
| Oct 31, 2026 | $29.3m |
| Nov 1, 2026 | $29.3m |
| Nov 2, 2026 | $29.28m |
| Nov 3, 2026 | $29.29m |
| Nov 4, 2026 | $28.91m |
| Nov 5, 2026 | $28.96m |
| Nov 6, 2026 | $29.17m |
| Nov 7, 2026 | $29.18m |
| Nov 8, 2026 | $29.21m |
| Nov 9, 2026 | $29.26m |
| Nov 10, 2026 | $29.24m |
| Nov 11, 2026 | $29.27m |
| Nov 12, 2026 | $29.27m |
| Nov 13, 2026 | $29.29m |
TVL at each month end, Feb 2026 to Nov 2026
| Date | TVL |
|---|---|
| Feb 28, 2026 | $50.99m |
| Mar 31, 2026 | $43.25m |
| Apr 30, 2026 | $42.9m |
| May 31, 2026 | $42.06m |
| Jun 30, 2026 | $28.7m |
| Jul 31, 2026 | $29.94m |
| Aug 31, 2026 | $29.73m |
| Sep 30, 2026 | $29.36m |
| Oct 31, 2026 | $29.3m |
| Nov 13, 2026 (latest) | $29.29m |
Fees and revenue by UTC calendar month, Feb 2026 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Feb 2026 | $34,523 | $34,523 |
| Mar 2026 | $395,215 | $395,215 |
| Apr 2026 | $278,406 | $278,406 |
| May 2026 | $549,500 | $549,500 |
| Jun 2026 | $384,204 | $384,204 |
| Jul 2026 | $376,788 | $376,788 |
| Aug 2026 | $518,657 | $518,657 |
| Sep 2026 | $502,608 | $502,608 |
| Oct 2026 | $552,302 | $552,302 |
| Nov 2026 (to date) | $242,526 | $242,526 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/decibel
Frequently asked questions
What is Decibel's TVL?
As of Nov 13, 2026, Decibel has $29.25m in total value locked. TVL has decreased 1.1% 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 $493,194 in fees. Of that, $493,194 was protocol revenue. Based on the trailing year, the annualized rate is $5.38m in fees and $5.38m 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 $1.753b across 425 protocols, and Decibel accounts for 1.7% of that total. Similar protocols include TsunamiX, Thetis Perps, Mirage Protocol, AGDEX, Jupiter Perpetual Exchange, GMX EVM, Hyperliquid HLP, Lighter Robinhood Perps, Lighter LLP, and Extended Perps.
How much perpetual futures volume does Decibel process?
Decibel processed $1.09b in perpetual futures volume over the past 30 days.