Ask about Erasure
Logo of ErasureErasure(NMR)
Total Value Locked$1,878.5

TVL by Chain

Ethereum$1,878.5

Key Metrics

Market Cap$66.13m

$NMR Price$9.4

All Time High$93.15

All Time Low$2.06

View $NMR token page

$99.67m

$NMR Volume 24h$4.38m

CEX Volume$2.91m

DEX Volume$1.54m(35.23% of total)

Total Raised$30m

Nov 20, 2025$30mRound: Series CInvestors: Union Square Ventures, Placeholder, CoinFund, Paul Tudor Jones, Shine Capital

Protocol Information

A new kind of hedge fund built by a network of data scientists

WebsiteGitHubTwitter
Category:Derivatives

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Derive V2 ($156.79m)Extended Perps ($116.88m)AZverse Perps ($51.85m)dYdX V3 ($38.87m)Apex Omni ($31.01m)Aevo Perps ($15.57m)Contango V2 ($6.16m)Hakka Finance ($5.58m)Keep3r Network ($3.29m)Strike Finance Perpetuals ($2.46m)

Frequently Asked Questions

What is Erasure's TVL?

Erasure currently has $1,878.5 in total value locked. TVL has increased 9% over the past 30 days.

What chains does Erasure operate on?

Erasure operates on Ethereum. Ethereum holds the largest share at 100%.

What is the NMR token price and valuation?

NMR is currently trading at $9.39. Its circulating market capitalization is $66.01m, ranking it #507. Its fully diluted valuation is $99.49m. Supply currently stands at 7.03m circulating, 10.6m total supply, 11m maximum supply.

How has NMR performed recently?

NMR is down 11.6% over the past 7 days and up 12.3% over the past 30 days. Its all-time high is $93.15, reached on May 16, 2021. The token is currently 89.9% below that level.

How does Erasure's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Erasure ranks #200 by TVL. The category holds $2.057b across 424 protocols, and Erasure accounts for <0.1% of that total. Other leading protocols include Derive V2, Extended Perps, AZverse Perps, dYdX V3, Apex Omni, Aevo Perps, Contango V2, Hakka Finance, Keep3r Network, and Strike Finance Perpetuals.