Ask about Erasure

Logo of ErasureErasure(NMR)

Total Value Locked$2,264

TVL by Chain

Ethereum$2,264

Key Metrics

Market Cap$85.84m

$NMR Price$11.97

All Time High$93.15

All Time Low$2.06

View $NMR token page

$126.85m

$NMR Volume 24h$17.81m

CEX Volume$12.18m

DEX Volume$10.58m(59.43% 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

WebsiteGitHubX/Twitter
Category:Derivatives

Audits:

Methodology

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

Competitors

Derive V2 ($195.13m)Extended Perps ($119.29m)AZverse Perps ($52.11m)dYdX V3 ($38.41m)Apex Omni ($31.45m)Aevo Perps ($15.36m)Contango V2 ($13.17m)Hakka Finance ($5.92m)Keep3r Network ($3.24m)AlphaX ($2.86m)

Frequently Asked Questions

What is Erasure's TVL?

Erasure currently has $2,264 in total value locked. TVL has increased 25% 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 $12.02. Its circulating market capitalization is $86.22m, ranking it #451. Its fully diluted valuation is $127.41m. Supply currently stands at 7.17m circulating, 10.6m total supply, 11m maximum supply.

How has NMR performed recently?

NMR is up 23.9% over the past 7 days and up 34.9% over the past 30 days. Its all-time high is $93.15, reached on May 16, 2021. The token is currently 87.1% below that level.

How does Erasure's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Erasure ranks #193 by TVL. The category holds $2.21b across 419 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 AlphaX.