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Fermi Trade

Key Metrics

Perp Volume 30d$64,962
Perp Volume 30d by chain

Solana$64,962

Perp Volume 7d$64,962

Solana$64,962

Perp Volume 24h$37,723

Solana$37,723

Cumulative Perp Volume$49.12m

Solana$49.12m

Total Raised$1.2m

May 21, 2025$1.2mRound: Pre-SeedInvestors: Big Brain Holdings, Equilibrium co

Protocol Information

Fermi Trade is a fully onchain orderbook perps DEX on solana, offering low latency (<20ms) and deterministic FCFS execution.

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Category:Derivatives
Products:

Methodology

Perp Volume: Notional volume of all trades including leverage on the perp exchange

Competitors

Jupiter Perpetual Exchange ($770.81m)GMX Solana ($27.87m)Pacifica Perps ($27.06m)Phoenix Perp ($23.52m)BULK ($7.8m)TurboFlow Perps ($6.58m)Bumpin Trade ($4.44m)Parcl V3 ($763,180)Lavarage ($701,188)Drift Trade ($642,475)

Frequently Asked Questions

What chains does Fermi Trade operate on?

Fermi Trade operates on Solana.

How does Fermi Trade's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Fermi Trade ranks #420 by TVL. The category holds $2.098b across 420 protocols, and Fermi Trade accounts for 0% of that total. Other leading protocols include Jupiter Perpetual Exchange, GMX Solana, Pacifica Perps, Phoenix Perp, BULK, TurboFlow Perps, Bumpin Trade, Parcl V3, Lavarage, and Drift Trade.

How much perpetual futures volume does Fermi Trade process?

Fermi Trade processed $64,962 in perpetual futures volume over the past 30 days.