Logo of Drake ExchangeDrake Exchange
Total Value Locked$82,450.69

TVL by Chain

Monad$82,450.69

Protocol Information

Fully on-chain perpetual exchange on Monad with hybrid CLOB + AMM liquidity and isolated/cross-margin portfolios.

Category:Derivatives
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Methodology

TVL: Sums AUSD held in every isolated and cross margin Portfolio contract (enumerated via PortfolioFactory.getPortfolioById) plus AUSD held in the liquidity vault.View code on GitHub

Competitors

Perpl ($5.46m)LeverUp ($3.24m)Monday Trade Perps ($580,996.03)Pingu Exchange ($24,504.14)Narwhal Finance ($1,269.01)OBSDN ($6.05)Jupiter Perpetual Exchange ($761.76m)GMX V2 Perps ($207.37m)Hyperliquid HLP ($187.49m)Derive V2 ($156.49m)

Frequently Asked Questions

What is Drake Exchange?

Fully on-chain perpetual exchange on Monad with hybrid CLOB + AMM liquidity and isolated/cross-margin portfolios.

What is Drake Exchange's TVL?

Drake Exchange currently has $82,450.69 in total value locked.

What chains does Drake Exchange operate on?

Drake Exchange operates on Monad. Monad holds the largest share at 100%.

How does Drake Exchange's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Drake Exchange ranks #109 by TVL. The category holds $2.052b across 419 protocols, and Drake Exchange accounts for <0.1% of that total. Other leading protocols include Perpl, LeverUp, Monday Trade Perps, Pingu Exchange, Narwhal Finance, OBSDN, Jupiter Perpetual Exchange, GMX V2 Perps, Hyperliquid HLP, and Derive V2.