Logo of Equation V2Equation V2(EQU)
Total Value Locked$0.88

TVL by Chain

Arbitrum$0.88

Key Metrics

Fees (Annualized)$309,576.89
Cumulative Fees$353,681

Arbitrum$353,681

Cumulative Perp Volume$13.171b
Cumulative Perp Volume by chain

Arbitrum$13.171b

$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 100x leverage, enabling traders to establish larger and unrestricted positions while enhancing capital efficiency for LPs. It offers the industry's lowest maintenance margin rate at just 0.25%, thus significantly reducing liquidation risk.

Category:Derivatives

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees from open/close position and placed limit order (0.05%), with invitation code (0.045%)View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Competitors

Frequently Asked Questions

What is Equation V2's TVL?

Equation V2 currently has $0.88 in total value locked.

What chains does Equation V2 operate on?

Equation V2 operates on Arbitrum. Arbitrum holds the largest share at 100%.

How does Equation V2's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Equation V2 ranks #273 by TVL. The category holds $2.025b across 419 protocols, and Equation V2 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, Gains Network, Antarctic, and Contango V2.