Key Metrics
Fees (Annualized)$3.67m
Fees 30d$34,339
Ethereal$34,339
Fees 7d$1,553
Ethereal$1,553
Fees 24h$170
Ethereal$170
Cumulative Fees$2.94m
Ethereal$2.94m
Revenue (Annualized)$3.67m
Revenue 30d$34,339
Ethereal$34,339
Revenue 7d$1,553
Ethereal$1,553
Revenue 24h$170
Ethereal$170
Cumulative Revenue$2.94m
Ethereal$2.94m
Perp Volume 30d$98.98m
Perp Volume 30d by chain
Ethereal$98.98m
Perp Volume 7d$2.89m
Ethereal$2.89m
Perp Volume 24h$344,762
Ethereal$344,762
Cumulative Perp Volume$9.57b
Ethereal$9.57b
$8.95m
Protocol Information
Ethereal is a non-custodial DEX for spot and perpetual contracts built on the Ethena Network, using USDe as the primary collateral and engineered for CEX-level performance with DeFi security
Category:Derivatives
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All trading fees paid by usersView code on GitHubRevenue: All the fees is revenueView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubFrequently Asked Questions
What is Ethereal DEX?
Ethereal is a non-custodial DEX for spot and perpetual contracts built on the Ethena Network, using USDe as the primary collateral and engineered for CEX-level performance with DeFi security
What is Ethereal DEX's TVL?
Ethereal DEX currently has $10.84m in total value locked. TVL has decreased 49.4% over the past 30 days.
What chains does Ethereal DEX operate on?
Ethereal DEX operates on Ethereal. Ethereal holds the largest share at 100%.
How much has Ethereal DEX generated in fees and revenue?
Over the past 30 days, Ethereal DEX generated $34,339 in fees. Of that, $34,339 was protocol revenue. Based on the trailing year, the annualized rate is $3.67m in fees and $3.67m in revenue.
How does Ethereal DEX's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Ethereal DEX ranks #20 by TVL. The category holds $1.865b across 370 protocols, and Ethereal DEX accounts for 0.6% of that total. Other leading protocols include Jupiter, Hyperliquid, and GMX.
How much perpetual futures volume does Ethereal DEX process?
Ethereal DEX processed $98.98m in perpetual futures volume over the past 30 days.

