Ask about Decibel · freeTotal Value Locked$29.6m
TVL by Chain
Aptos$29.6m
Key Metrics
Fees 30d$600,302
Fees 30d by chain
Aptos$600,302
Fees 7d$123,242
Aptos$123,242
Fees 24h$19,522
Aptos$19,522
Cumulative Fees$3.35m
Aptos$3.35m
Revenue 30d$600,302
Revenue 30d by chain
Aptos$600,302
Revenue 7d$123,242
Aptos$123,242
Revenue 24h$19,522
Aptos$19,522
Cumulative Revenue$3.35m
Aptos$3.35m
Perp Volume 30d$1.322b
Perp Volume 30d by chain
Aptos$1.322b
Perp Volume 7d$333.89m
Aptos$333.89m
Perp Volume 24h$55.27m
Aptos$55.27m
Cumulative Perp Volume$8.163b
Aptos$8.163b
Open Interest$4.34m
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's TVL?
Decibel currently has $29.6m in total value locked. TVL has increased 0.2% 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 $600,302 in fees. Of that, $600,302 was protocol revenue. Based on the trailing year, the annualized rate is $5.31m in fees and $5.31m in revenue.
How does Decibel's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Decibel ranks #12 by TVL. The category holds $1.954b across 420 protocols, and Decibel accounts for 1.5% of that total. Other leading protocols include TsunamiX, Thetis Perps, Mirage Protocol, AGDEX, Jupiter Perpetual Exchange, GMX V2 Perps, Hyperliquid HLP, Extended Perps, Lighter Robinhood Perps, and dYdX V4.
How much perpetual futures volume does Decibel process?
Decibel processed $1.322b in perpetual futures volume over the past 30 days.