Ask about Denaria

Logo of DenariaDenaria

Total Value Locked$187

TVL by Chain

Linea$187

Key Metrics

Fees 30d$5,392
Fees 30d by chain

Arbitrum$5,392

Linea$0

Fees 7d$102.51

Arbitrum$102.51

Fees 24h$9.94

Arbitrum$9.94

Cumulative Fees$5,555

Arbitrum$5,433

Linea$122

Revenue 30d$5,392
Revenue 30d by chain

Arbitrum$5,392

Linea$0

Revenue 7d$102.51

Arbitrum$102.51

Revenue 24h$9.94

Arbitrum$9.94

Cumulative Revenue$5,555

Arbitrum$5,433

Linea$122

Holders Revenue 30d$0
Holders Revenue 30d by chain

Arbitrum$0

Holders Revenue 7d$0

Arbitrum$0

Holders Revenue 24h$0

Arbitrum$0

Cumulative Holders Revenue$0

Arbitrum$0

Perp Volume 30d$2.02m
Perp Volume 30d by chain

Arbitrum$2.02m

Linea$0

Perp Volume 7d$442,890

Arbitrum$442,890

Perp Volume 24h$43,450

Arbitrum$43,450

Cumulative Perp Volume$10.82m

Linea$7.9m

Arbitrum$2.92m

$23,892

Protocol Information

Denaria is a mobile-first perpetuals trading app for BTC and other assets. Trading settles on GMX V2 on Arbitrum One; Denaria's original virtual-AMM engine on Linea is now sunset.

WebsiteX/Twitter
Category:Derivatives
Products:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Denaria vAMM - Denaria Perp trading fees (fees + slippage) derived from ExecutedTrade, summed across PerpPair deployments.View code on GitHubDenaria GMX - Fees collected by Denaria: the GMX UI fee charged on Denaria orders, the affiliate reward earned by the DENARIA referral code on GMX position fees, and the flat per-operation service fee paid to the Denaria fee wallet. GMX position, borrowing and funding fees are not Denaria fees and are counted under GMX V2 Perps.View code on GitHub

Revenue:

Denaria vAMM - All the fees are revenue.View code on GitHubDenaria GMX - All Denaria fees (GMX UI fees, affiliate rewards, service fees) are revenue.View code on GitHub

Holders Revenue:

Denaria vAMM - Fees going to governance token holdersView code on GitHubDenaria GMX - None: Denaria has no token.View code on GitHub

Perp Volume: Notional volume of all trades including leverage on the perp exchange

Hacks

Date: Apr 5, 2026

Protocol: Denaria vAMM

Amount: $165,618

Classification: Oracle Manipulation

Technique: Spot Price Manipulation

Chains: Linea

Language: Solidity

Target Type: DeFi Protocol

Competitors

Contango V2 ($13.25m)Lynx ($157,260)MYX Finance ($105,649)Satori Perp ($11,243)LogX V2 ($40.99)RubyDex ($24.14)GMX V2 Perps ($214.82m)Derive V2 ($195.87m)AZverse Perps ($52.09m)Apex Omni ($31.54m)

Frequently Asked Questions

What is Denaria's TVL?

Denaria currently has $187 in total value locked. TVL has increased 0% over the past 30 days.

What chains does Denaria operate on?

Denaria operates on 2 chains: Linea and Arbitrum. Linea holds the largest share at 100%.

How much has Denaria generated in fees and revenue?

Over the past 30 days, Denaria generated $5,392 in fees. Of that, $5,392 was protocol revenue. Based on the trailing year, the annualized rate is $13,428 in fees and $13,428 in revenue.

How does Denaria's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Denaria ranks #419 by TVL. The category holds $2.214b across 419 protocols, and Denaria accounts for 0% of that total. Other leading protocols include Contango V2, Lynx, MYX Finance, Satori Perp, LogX V2, RubyDex, GMX V2 Perps, Derive V2, AZverse Perps, and Apex Omni.

How much perpetual futures volume does Denaria process?

Denaria processed $2.02m in perpetual futures volume over the past 30 days.

Has Denaria ever been exploited?

Denaria has 1 recorded security incident. The most recent incident occurred on Apr 5, 2026 and involved $165,618. It was classified as Oracle Manipulation.