Ask about FlashTrade · freeTotal Value Locked$217,258
TVL by Chain
Solana$217,258
Key Metrics
Cumulative Fees$15.3m
Cumulative Fees by chain
Solana$15.3m
Cumulative Revenue$3.71m
Cumulative Revenue by chain
Solana$3.71m
Cumulative Holders Revenue$551,230
Cumulative Holders Revenue by chain
Solana$551,230
Cumulative Perp Volume$21.547b
Cumulative Perp Volume by chain
Solana$21.547b
Market Cap$92,152
$FAF Price$0.000077
Fully Diluted Valuation$92,152
$FAF Volume 24h$0.44
CEX Volume$0
DEX Volume$0.44(99.99% of total)
Protocol Information
Asset backed trading with zero price impact and on demand liquidity
Methodology
TVL: tvl is the usd equivalent value of all the assets in our pools.View code on GitHubFees: All trading fees generated across all pools.View code on GitHubRevenue: Sum of protocol revenue and holder revenue.View code on GitHubHolders Revenue: Token holder revenue started from 2025-06-19, 0 before that date.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubHacks
Date: Jul 21, 2026
Amount: $98,000
Classification: Input Validation
Technique: Missing Input Validation
Flash Trade's Solana perpetuals exchange suffered a $98K unauthorized withdrawal when an attacker exploited an incomplete validation path in MagicBlock's SDK. The ephemeral macro's undelegation callback failed to validate a fake account, allowing the attacker to trigger a fake withdrawal.
Chains: Solana
Language: Rust
Target Type: DeFi Protocol
Competitors
FlashTrade history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 6, 2024 to Oct 30, 2026.
All-time high TVL: $26.4m on Sep 22, 2025. All-time low TVL: $217,112 on Oct 30, 2026.
Daily TVL, Oct 1, 2026 to Oct 30, 2026
| Date | TVL |
|---|---|
| Oct 1, 2026 | $228,437 |
| Oct 2, 2026 | $228,373 |
| Oct 3, 2026 | $228,386 |
| Oct 4, 2026 | $228,386 |
| Oct 5, 2026 | $228,037 |
| Oct 6, 2026 | $228,022 |
| Oct 7, 2026 | $228,012 |
| Oct 8, 2026 | $227,973 |
| Oct 9, 2026 | $227,953 |
| Oct 10, 2026 | $227,969 |
| Oct 11, 2026 | $220,950 |
| Oct 12, 2026 | $220,954 |
| Oct 13, 2026 | $220,937 |
| Oct 14, 2026 | $220,830 |
| Oct 15, 2026 | $220,801 |
| Oct 16, 2026 | $219,388 |
| Oct 17, 2026 | $219,399 |
| Oct 18, 2026 | $218,928 |
| Oct 19, 2026 | $218,910 |
| Oct 20, 2026 | $218,909 |
| Oct 21, 2026 | $218,895 |
| Oct 22, 2026 | $218,388 |
| Oct 23, 2026 | $218,283 |
| Oct 24, 2026 | $218,305 |
| Oct 25, 2026 | $218,178 |
| Oct 26, 2026 | $218,198 |
| Oct 27, 2026 | $218,123 |
| Oct 28, 2026 | $218,038 |
| Oct 29, 2026 | $218,061 |
| Oct 30, 2026 | $217,112 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $16.69m |
| Dec 31, 2024 | $13.62m |
| Jan 31, 2025 | $13.83m |
| Feb 28, 2025 | $11.85m |
| Mar 31, 2025 | $11.05m |
| Apr 30, 2025 | $11.71m |
| May 31, 2025 | $11.88m |
| Jun 30, 2025 | $14m |
| Jul 31, 2025 | $14.84m |
| Aug 31, 2025 | $20.93m |
| Sep 30, 2025 | $21.45m |
| Oct 31, 2025 | $15.88m |
| Nov 30, 2025 | $13.1m |
| Dec 31, 2025 | $12.9m |
| Jan 31, 2026 | $12.41m |
| Feb 28, 2026 | $10.3m |
| Mar 31, 2026 | $10.82m |
| Apr 30, 2026 | $10.26m |
| May 31, 2026 | $9.71m |
| Jun 30, 2026 | $7.66m |
| Jul 31, 2026 | $7.37m |
| Aug 31, 2026 | $3.34m |
| Sep 30, 2026 | $228,461 |
| Oct 30, 2026 (latest) | $217,112 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $13.62m |
| Dec 31, 2025 | $12.9m |
Fees, revenue and holders revenue by UTC calendar month, Oct 2024 to Sep 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Oct 2024 | $500,664 | $133,853 | $0 |
| Nov 2024 | $488,680 | $137,037 | $0 |
| Dec 2024 | $555,382 | $139,615 | $0 |
| Jan 2025 | $447,292 | $118,449 | $0 |
| Feb 2025 | $556,164 | $156,379 | $0 |
| Mar 2025 | $246,736 | $70,332 | $0 |
| Apr 2025 | $189,332 | $51,901 | $0 |
| May 2025 | $270,941 | $71,639 | $0 |
| Jun 2025 | $200,857 | $56,078 | $9,373 |
| Jul 2025 | $292,850 | $77,706 | $38,852 |
| Aug 2025 | $583,707 | $151,335 | $75,671 |
| Sep 2025 | $545,737 | $116,879 | $58,440 |
| Oct 2025 | $272,381 | $74,159 | $37,083 |
| Nov 2025 | $306,181 | $93,190 | $46,596 |
| Dec 2025 | $255,295 | $76,070 | $38,032 |
| Jan 2026 | $445,197 | $116,079 | $58,040 |
| Feb 2026 | $277,679 | $96,632 | $48,316 |
| Mar 2026 | $222,763 | $71,103 | $35,552 |
| Apr 2026 | $177,458 | $59,938 | $29,970 |
| May 2026 | $155,860 | $49,068 | $24,532 |
| Jun 2026 | $220,266 | $46,738 | $23,367 |
| Jul 2026 | $87,173 | $32,942 | $16,470 |
| Aug 2026 | $70,148 | $21,487 | $10,746 |
| Sep 2026 | $1,321 | $379.12 | $189.55 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/flashtrade
Frequently asked questions
What is FlashTrade's TVL?
As of Oct 30, 2026, FlashTrade has $217,258 in total value locked. TVL has decreased 4.9% over the past 30 days.
What chains does FlashTrade operate on?
FlashTrade operates on Solana. Solana holds the largest share at 100%.
What is the FAF token price and valuation?
FAF is currently trading at $0.000077. Its circulating market capitalization is $92,142, ranking it #7,225. Its fully diluted valuation is $92,142. Supply currently stands at 1.2b circulating, 1.2b total supply.
How has FAF performed recently?
FAF is down 0.6% over the past 7 days and down 9.2% over the past 30 days. Its all-time high is $0.018, reached on Sep 23, 2025. The token is currently 99.6% below that level.
How does FlashTrade's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, FlashTrade ranks #78 by TVL. The category holds $1.903b across 428 protocols, and FlashTrade accounts for <0.1% of that total. Similar protocols include Jupiter Perpetual Exchange, GMX Solana, Phoenix Perp, BULK, TurboFlow Perps, Bumpin Trade, Cardboard Trade, Parcl V3, Drift Trade, and Lavarage.
Has FlashTrade ever been exploited?
FlashTrade has 1 recorded security incident. The most recent incident occurred on Jul 21, 2026 and involved $98,000. It was classified as Input Validation.