Ask about DESK · freeTotal Value Locked$16,718
TVL by Chain
Polygon$12,246
Arbitrum$4,472
Blast$0
Base$0
BSC$0
Key Metrics
Cumulative Fees$23.01m
Cumulative Fees by chain
Arbitrum$21.9m
Blast$693,939
Polygon$346,317
Base$69,513
Cumulative Revenue$7.02m
Cumulative Revenue by chain
Arbitrum$6.74m
Blast$281,473
Polygon$0
Cumulative Holders Revenue$6.47m
Cumulative Holders Revenue by chain
Arbitrum$6.23m
Blast$246,287
Polygon$0
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$0
Cumulative Earnings$7.02m
Perp Volume 30d$0
Perp Volume 30d by chain
Arbitrum$0
Perp Volume 7d$0
Arbitrum$0
Perp Volume 24h$0
Arbitrum$0
Cumulative Perp Volume$68.158b
Arbitrum$66.111b
Blast$1.27b
Base$776.62m
Protocol Information
DESK—the perpetual trading infrastructure, empowering both human traders and AI agents with cutting-edge tools and seamless automation
- HMXDerivatives
- DESK CLOBInterface
- DESK PerpsDerivatives
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees: Fees paid by usersView code on GitHubRevenue: Treasury and token holders revenueView code on GitHubHolders Revenue: Fees going to governance token holdersView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchange
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
DESK history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 18, 2022 to Oct 24, 2026.
All-time high TVL: $34.13m on Nov 25, 2023. All-time low TVL: $16,686 on Oct 24, 2026.
Daily TVL, Sep 25, 2026 to Oct 24, 2026
| Date | TVL |
|---|---|
| Sep 25, 2026 | $272,450 |
| Sep 26, 2026 | $272,471 |
| Sep 27, 2026 | $272,530 |
| Sep 28, 2026 | $272,614 |
| Sep 29, 2026 | $272,971 |
| Sep 30, 2026 | $272,076 |
| Oct 1, 2026 | $272,097 |
| Oct 2, 2026 | $272,686 |
| Oct 3, 2026 | $272,015 |
| Oct 4, 2026 | $272,430 |
| Oct 5, 2026 | $273,592 |
| Oct 6, 2026 | $273,106 |
| Oct 7, 2026 | $272,800 |
| Oct 8, 2026 | $270,948 |
| Oct 9, 2026 | $268,829 |
| Oct 10, 2026 | $269,400 |
| Oct 11, 2026 | $269,705 |
| Oct 12, 2026 | $269,763 |
| Oct 13, 2026 | $267,286 |
| Oct 14, 2026 | $269,036 |
| Oct 15, 2026 | $267,127 |
| Oct 16, 2026 | $267,640 |
| Oct 17, 2026 | $267,196 |
| Oct 18, 2026 | $266,803 |
| Oct 19, 2026 | $267,329 |
| Oct 20, 2026 | $16,879 |
| Oct 21, 2026 | $17,051 |
| Oct 22, 2026 | $17,219 |
| Oct 23, 2026 | $16,791 |
| Oct 24, 2026 | $16,686 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $19.61m |
| Dec 31, 2024 | $15.74m |
| Jan 31, 2025 | $14.96m |
| Feb 28, 2025 | $9.84m |
| Mar 31, 2025 | $5.62m |
| Apr 30, 2025 | $3.9m |
| May 31, 2025 | $3.75m |
| Jun 30, 2025 | $2.6m |
| Jul 31, 2025 | $1.79m |
| Aug 31, 2025 | $1.43m |
| Sep 30, 2025 | $986,237 |
| Oct 31, 2025 | $703,214 |
| Nov 30, 2025 | $496,367 |
| Dec 31, 2025 | $438,812 |
| Jan 31, 2026 | $446,872 |
| Feb 28, 2026 | $282,724 |
| Mar 31, 2026 | $256,468 |
| Apr 30, 2026 | $262,150 |
| May 31, 2026 | $257,780 |
| Jun 30, 2026 | $247,507 |
| Jul 31, 2026 | $253,854 |
| Aug 31, 2026 | $265,432 |
| Sep 30, 2026 | $272,076 |
| Oct 24, 2026 (latest) | $16,686 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $674,204 |
| Dec 31, 2023 | $28.14m |
| Dec 31, 2024 | $15.74m |
| Dec 31, 2025 | $438,812 |
Fees, revenue and holders revenue by UTC calendar month, Jan 2024 to Dec 2025
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jan 2024 | $1.05m | $263,284 | $263,284 |
| Feb 2024 | $828,969 | $207,241 | $207,241 |
| Mar 2024 | $1.87m | $466,647 | $466,647 |
| Apr 2024 | $2.8m | $701,015 | $701,015 |
| May 2024 | $2.24m | $804,454 | $721,448 |
| Jun 2024 | $1.08m | $386,530 | $338,212 |
| Jul 2024 | $852,425 | $336,959 | $294,836 |
| Aug 2024 | $857,741 | $351,918 | $307,932 |
| Sep 2024 | $422,382 | $175,202 | $153,307 |
| Oct 2024 | $605,377 | $224,532 | $196,464 |
| Nov 2024 | $1.14m | $402,870 | $352,510 |
| Dec 2024 | $1.34m | $483,829 | $423,349 |
| Jan 2025 | $1.15m | $502,445 | $439,643 |
| Feb 2025 | $895,096 | $368,192 | $322,168 |
| Mar 2025 | $254,532 | $98,924 | $86,555 |
| Apr 2025 | $233,955 | $94,017 | $82,263 |
| May 2025 | $368,710 | $146,733 | $128,392 |
| Jun 2025 | $217,332 | $93,474 | $81,787 |
| Jul 2025 | $99,364 | $39,202 | $34,301 |
| Aug 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Oct 2025 | $0 | $0 | $0 |
| Nov 2025 | $0 | $0 | $0 |
| Dec 2025 | $0 | $0 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/desk
Frequently asked questions
What is DESK's TVL?
As of Oct 24, 2026, DESK has $16,718 in total value locked. TVL has decreased 93.9% over the past 30 days.
What chains does DESK operate on?
DESK operates on 5 chains: Polygon, Arbitrum, Blast, Base, and BSC. Polygon holds the largest share at 73.3%.
Which protocols are included in DESK?
DESK is a parent protocol whose tracked products include HMX, DESK CLOB, and DESK Perps.
How much perpetual futures volume does DESK process?
DESK processed $0 in perpetual futures volume over the past 30 days.