Ask about Float

Logo of FloatFloat(FLT)

Total Value Locked$143,406

TVL by Chain

Polygon$125,952

Avalanche$17,454

Key Metrics

Total Raised$5m

Mar 16, 2022$5mRound: SeedInvestors: Alameda Research, Maven 11, Venture DAO, 6th Man Ventures, Contango Digital, Encode Club, Benqi Finance, Stani Kulechov, Ideo Colab, Metacartel Ventures, Paribu Ventures, Raba, Daedalus, Morningstar Ventures, FireEyes, NEMO, CVVC, Tendex GmbH, CJ Hetherington, Gengmo Qi, Sunil Srivatsa, Danish Chaudhry, Will Holt, Batu, Seref Beyerli, Sinan Koc

Protocol Information

Float allows you to get perpetual, leveraged exposure to any crypto asset, without worrying about liquidations or managing debt positions.

GitHubX/Twitter
Category:Derivatives

Audits:

Methodology

TVL: Gets the tokens on marketsView code on GitHub

Competitors

Contango V2 ($12.63m)ApeX Pro ($1.43m)Jarvis Network ($253,280)RubyDex ($24.13)GMX V2 Perps ($211.12m)MUX Perps ($9.91m)Gains Network ($8.51m)GMX V1 Perps ($3.32m)MUFEX ($276,571)HMX ($268,782)

Frequently Asked Questions

What is Float's TVL?

Float currently has $143,406 in total value locked. TVL has increased <0.1% over the past 30 days.

What chains does Float operate on?

Float operates on 2 chains: Polygon and Avalanche. Polygon holds the largest share at 87.8%.

How does Float's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Float ranks #93 by TVL. The category holds $2.1b across 420 protocols, and Float accounts for <0.1% of that total. Other leading protocols include Contango V2, ApeX Pro, Jarvis Network, RubyDex, GMX V2 Perps, MUX Perps, Gains Network, GMX V1 Perps, MUFEX, and HMX.