Total Value Locked$18.95
TVL by Chain
Arbitrum$18.95
Key Metrics
Fees (Annualized)$626,522.5
Cumulative Fees$916,611
Arbitrum$916,611
Revenue (Annualized)$101.24
Cumulative Revenue$114
Arbitrum$114
Cumulative Perp Volume$7.725b
Cumulative Perp Volume by chain
Arbitrum$7.725b
Staked$0
$EQU Liquidity$45,728
Uniswap V3$45,728
Protocol Information
Equation is a decentralized perpetual contract built on Arbitrum. With its innovative BRMM model, Equation provides both traders and Liquidity Providers (LPs) with up to 200x leverage, enabling traders to establish larger and unrestricted positions while enhancing capital efficiency for LPs.
Audits:
Methodology
TVL: Count the tokens in different pools in the equation.View code on GitHubFees: Fees from open/close position and placed limit order (0.05%), with invitation code (0.045%)View code on GitHubRevenue: Revenue is 50% of all collected feesView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What is Equation V1?
Equation is a decentralized perpetual contract built on Arbitrum. With its innovative BRMM model, Equation provides both traders and Liquidity Providers (LPs) with up to 200x leverage, enabling traders to establish larger and unrestricted positions while enhancing capital efficiency for LPs.
What is Equation V1's TVL?
Equation V1 currently has $18.95 in total value locked. TVL has increased 5.3% over the past 30 days.
What chains does Equation V1 operate on?
Equation V1 operates on Arbitrum. Arbitrum holds the largest share at 100%.
How does Equation V1's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Equation V1 ranks #255 by TVL. The category holds $2.014b across 419 protocols, and Equation V1 accounts for <0.1% of that total. Other leading protocols include GMX V2 Perps, Derive V2, AZverse Perps, Apex Omni, Ostium, Aevo Perps, MUX Perps, Antarctic, Gains Network, and Contango V2.
