Ask about Euphoria Finance

Logo of Euphoria FinanceEuphoria Finance

Total Value Locked$166,669.92

TVL by Chain

MegaETH$166,669.92

Key Metrics

Perp Volume 30d$717,261
Perp Volume 30d by chain

MegaETH$717,261

Perp Volume 7d$161,797

MegaETH$161,797

Perp Volume 24h$10,514

MegaETH$10,514

Cumulative Perp Volume$3.8m

MegaETH$3.8m

Total Raised$7.5m

Aug 7, 2025$7.5mRound: Pre-Seed & SeedInvestors: Karatage, Figment, Robot Ventures, Bankless Ventures, Hash3, First Commit, Comfy Capital, Kosmos Ventures

Protocol Information

Euphoria is a gamified derivatives trading app where users make one-tap price predictions, with CLOB-based market making under the hood and social features like points, streaks, and leaderboards.

WebsiteX/Twitter
Category:Derivatives

Audits:

Methodology

TVL: USDM in the vaultView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Competitors

GMX V2 Perps ($215.86m)Gains Network ($16.54m)SIR ($104,279.88)Jupiter Perpetual Exchange ($820.58m)Derive V2 ($196.15m)Hyperliquid HLP ($184.62m)Extended Perps ($117.36m)Lighter Robinhood Perps ($99.18m)dYdX V4 ($71.82m)AZverse Perps ($51.91m)

Frequently Asked Questions

What is Euphoria Finance's TVL?

Euphoria Finance currently has $166,669.92 in total value locked. TVL has increased 12.4% over the past 30 days.

What chains does Euphoria Finance operate on?

Euphoria Finance operates on MegaETH. MegaETH holds the largest share at 100%.

How does Euphoria Finance's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Euphoria Finance ranks #91 by TVL. The category holds $2.205b across 420 protocols, and Euphoria Finance accounts for <0.1% of that total. Other leading protocols include GMX V2 Perps, Gains Network, SIR, Jupiter Perpetual Exchange, Derive V2, Hyperliquid HLP, Extended Perps, Lighter Robinhood Perps, dYdX V4, and AZverse Perps.

How much perpetual futures volume does Euphoria Finance process?

Euphoria Finance processed $717,261 in perpetual futures volume over the past 30 days.