Total Value Locked$18
TVL by Chain
Arbitrum$18
Key Metrics
Cumulative Fees$1.3m
Cumulative Fees by chain
Arbitrum$1.3m
Cumulative Revenue$114
Cumulative Revenue by chain
Arbitrum$114
Cumulative DEX Volume$1.331b
Cumulative DEX Volume by chain
Arbitrum$1.331b
Cumulative Perp Volume$20.896b
Cumulative Perp Volume by chain
Arbitrum$20.896b
Staked$0
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.
CategoryDerivatives
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees: 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 GitHubDEX Volume: Volume of all spot token swaps on the DEX
Perp Volume: Notional volume of all trades including leverage on the perp exchange

