Logo of DeridexDeridex
Total Value Locked$187.54

TVL by Chain

Algorand$187.54

Protocol Information

Deridex is a decentralized on-chain derivatives platform built on the Algorand blockchain, offering a range of leveraged financial products to users.

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Category:Derivatives

Methodology

TVL: Gathers the total USD value of all assets suppliedView code on GitHub

Competitors

Jupiter Perpetual Exchange ($750.44m)GMX V2 Perps ($204.88m)Hyperliquid HLP ($187.91m)Derive V2 ($158.26m)Extended Perps ($117.12m)Lighter Robinhood Perps ($69.93m)dYdX V4 ($69.32m)AZverse Perps ($51.83m)dYdX V3 ($38.79m)Apex Omni ($30.86m)

Frequently Asked Questions

What is Deridex's TVL?

Deridex currently has $187.54 in total value locked. TVL has increased 0.3% over the past 30 days.

What chains does Deridex operate on?

Deridex operates on Algorand. Algorand holds the largest share at 100%.

How does Deridex's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Deridex ranks #236 by TVL. The category holds $2.048b across 424 protocols, and Deridex accounts for <0.1% of that total. Other leading protocols include Jupiter Perpetual Exchange, GMX V2 Perps, Hyperliquid HLP, Derive V2, Extended Perps, Lighter Robinhood Perps, dYdX V4, AZverse Perps, dYdX V3, and Apex Omni.