Total Value Locked$0.31
TVL by Chain
Base$0.31
Key Metrics
Cumulative Fees$949,033
Cumulative Fees by chain
Base$949,033
Cumulative Revenue$390,365
Cumulative Revenue by chain
Base$390,365
Cumulative Holders Revenue$341,563
Cumulative Holders Revenue by chain
Base$341,563
Cumulative Perp Volume$3.893b
Cumulative Perp Volume by chain
Base$3.893b
Market Cap$7,296
$FDX Price$0.0046
Fully Diluted Valuation$23,021
$FDX Volume 24h$5.52
CEX Volume$0
DEX Volume$2.91(52.72% of total)
Staked$2,302(31.55% of mcap)
Protocol Information
Flex Perpetuals is a next-gen decentralized perpetual protocol with cross-margin and multi-asset collateral support on BASE chain
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees paid by usersView code on GitHubRevenue: Treasury and token holders revenueView code on GitHubHolders Revenue: Fees going to governance token holdersView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Flex Perpetuals history
TVL is the default DefiLlama definition, which excludes Staking and Pool2. Daily values are UTC snapshots from Feb 25, 2025 to Oct 16, 2026.
All-time high TVL: $1.97m on Aug 24, 2025. All-time low TVL: $14 on Apr 2, 2026.
Daily TVL, Sep 17, 2026 to Oct 16, 2026
| Date | TVL |
|---|---|
| Sep 17, 2026 | $0 |
| Sep 18, 2026 | $0 |
| Sep 19, 2026 | $0 |
| Sep 20, 2026 | $0 |
| Sep 21, 2026 | $0 |
| Sep 22, 2026 | $0 |
| Sep 23, 2026 | $0 |
| Sep 24, 2026 | $0 |
| Sep 25, 2026 | $0 |
| Sep 26, 2026 | $0 |
| Sep 27, 2026 | $0 |
| Sep 28, 2026 | $0 |
| Sep 29, 2026 | $0 |
| Sep 30, 2026 | $0 |
| Oct 1, 2026 | $0 |
| Oct 2, 2026 | $0 |
| Oct 3, 2026 | $0 |
| Oct 4, 2026 | $0 |
| Oct 5, 2026 | $0 |
| Oct 6, 2026 | $0 |
| Oct 7, 2026 | $0 |
| Oct 8, 2026 | $0 |
| Oct 9, 2026 | $0 |
| Oct 10, 2026 | $0 |
| Oct 11, 2026 | $0 |
| Oct 12, 2026 | $0 |
| Oct 13, 2026 | $0 |
| Oct 14, 2026 | $0 |
| Oct 15, 2026 | $0 |
| Oct 16, 2026 | $0 |
TVL at each month end, Feb 2025 to Oct 2026
| Date | TVL |
|---|---|
| Feb 28, 2025 | $1.75m |
| Mar 31, 2025 | $1.51m |
| Apr 30, 2025 | $1.62m |
| May 31, 2025 | $1.68m |
| Jun 30, 2025 | $1.54m |
| Jul 31, 2025 | $1.59m |
| Aug 31, 2025 | $1.88m |
| Sep 30, 2025 | $1.62m |
| Oct 31, 2025 | $1.3m |
| Nov 30, 2025 | $864,842 |
| Dec 31, 2025 | $830,682 |
| Jan 31, 2026 | $684,501 |
| Feb 28, 2026 | $386,836 |
| Mar 31, 2026 | $4,567 |
| Apr 30, 2026 | $0 |
| May 31, 2026 | $0 |
| Jun 30, 2026 | $0 |
| Jul 31, 2026 | $0 |
| Aug 31, 2026 | $0 |
| Sep 30, 2026 | $0 |
| Oct 16, 2026 (latest) | $0 |
Fees, revenue and holders revenue by UTC calendar month, Feb 2025 to Apr 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Feb 2025 | $45,432 | $19,586 | $17,137 |
| Mar 2025 | $88,469 | $35,748 | $31,280 |
| Apr 2025 | $83,816 | $34,932 | $30,564 |
| May 2025 | $58,618 | $24,215 | $21,185 |
| Jun 2025 | $80,585 | $30,927 | $27,059 |
| Jul 2025 | $92,256 | $38,166 | $33,397 |
| Aug 2025 | $86,566 | $36,578 | $32,007 |
| Sep 2025 | $86,603 | $35,406 | $30,981 |
| Oct 2025 | $65,477 | $26,453 | $23,147 |
| Nov 2025 | $56,540 | $22,656 | $19,823 |
| Dec 2025 | $66,565 | $26,061 | $22,802 |
| Jan 2026 | $66,396 | $28,359 | $24,813 |
| Feb 2026 | $54,730 | $23,811 | $20,835 |
| Mar 2026 | $16,980 | $7,467 | $6,533 |
| Apr 2026 | $0 | $0 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/flex-perpetuals
Frequently asked questions
What is Flex Perpetuals' TVL?
As of Oct 16, 2026, Flex Perpetuals has $0.31 in total value locked.
What chains does Flex Perpetuals operate on?
Flex Perpetuals operates on Base. Base holds the largest share at 100%.
What is the FDX token price and valuation?
FDX is currently trading at $0.0046. Its circulating market capitalization is $7,296, ranking it #10,509. Its fully diluted valuation is $23,021. Supply currently stands at 1.58m circulating, 5m total supply, 5m maximum supply.
How has FDX performed recently?
FDX is down 3.9% over the past 7 days and down 12.7% over the past 30 days. Its all-time high is $6.29, reached on Feb 20, 2025. The token is currently 99.9% below that level.
How does Flex Perpetuals' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Flex Perpetuals ranks #275 by TVL. The category holds $1.963b across 422 protocols, and Flex Perpetuals accounts for <0.1% of that total. Other leading protocols include Apex Omni, Aevo Perps, Veranta, Gains Network, Contango V2, SynFutures V3, SYMMIO, ELFi Protocol, KiloEx, and BMX Freestyle.

