Total Value Locked$587.16
TVL by Chain
Base$336.13
BSC$147.14
Avalanche$103.89
Key Metrics
Cumulative Fees$7.65m
Cumulative Fees by chain
Avalanche$7.19m
Base$449,597
BSC$3,905
Ethereum$747
Fantom$480
OP Mainnet$88
Arbitrum$10
Cumulative Revenue$929,901
Cumulative Revenue by chain
Avalanche$615,701
Base$310,108
BSC$3,806
Ethereum$149
Fantom$96
OP Mainnet$18
Arbitrum$2
Cumulative Holders Revenue$267
Cumulative Holders Revenue by chain
Ethereum$149
Fantom$96
OP Mainnet$18
Arbitrum$2
Avalanche$1
Base$0
Cumulative Perp Volume$415.99m
Cumulative Perp Volume by chain
Base$275.22m
Avalanche$138.78m
BSC$1.99m
Protocol Information
FWX is an AMM-based leveraged swap platform that enables anyone to list tokens from the first days they are minted by simply providing liquidity
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
FWX Derivatives history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 14, 2024 to Oct 24, 2026.
All-time high TVL: $455,022 on Dec 5, 2024. All-time low TVL: $476 on Aug 19, 2026.
Daily TVL, Sep 25, 2026 to Oct 24, 2026
| Date | TVL |
|---|---|
| Sep 25, 2026 | $635 |
| Sep 26, 2026 | $657 |
| Sep 27, 2026 | $655 |
| Sep 28, 2026 | $647 |
| Sep 29, 2026 | $628 |
| Sep 30, 2026 | $666 |
| Oct 1, 2026 | $665 |
| Oct 2, 2026 | $647 |
| Oct 3, 2026 | $640 |
| Oct 4, 2026 | $642 |
| Oct 5, 2026 | $653 |
| Oct 6, 2026 | $644 |
| Oct 7, 2026 | $639 |
| Oct 8, 2026 | $585 |
| Oct 9, 2026 | $544 |
| Oct 10, 2026 | $559 |
| Oct 11, 2026 | $580 |
| Oct 12, 2026 | $601 |
| Oct 13, 2026 | $566 |
| Oct 14, 2026 | $575 |
| Oct 15, 2026 | $543 |
| Oct 16, 2026 | $558 |
| Oct 17, 2026 | $555 |
| Oct 18, 2026 | $563 |
| Oct 19, 2026 | $560 |
| Oct 20, 2026 | $551 |
| Oct 21, 2026 | $601 |
| Oct 22, 2026 | $600 |
| Oct 23, 2026 | $589 |
| Oct 24, 2026 | $586 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $397,845 |
| Dec 31, 2024 | $308,662 |
| Jan 31, 2025 | $104,800 |
| Feb 28, 2025 | $136,264 |
| Mar 31, 2025 | $149,244 |
| Apr 30, 2025 | $140,325 |
| May 31, 2025 | $141,724 |
| Jun 30, 2025 | $164,730 |
| Jul 31, 2025 | $12,085 |
| Aug 31, 2025 | $14,933 |
| Sep 30, 2025 | $8,561 |
| Oct 31, 2025 | $3,548 |
| Nov 30, 2025 | $5,542 |
| Dec 31, 2025 | $3,454 |
| Jan 31, 2026 | $3,360 |
| Feb 28, 2026 | $2,594 |
| Mar 31, 2026 | $3,601 |
| Apr 30, 2026 | $1,583 |
| May 31, 2026 | $769 |
| Jun 30, 2026 | $594 |
| Jul 31, 2026 | $537 |
| Aug 31, 2026 | $606 |
| Sep 30, 2026 | $666 |
| Oct 24, 2026 (latest) | $586 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $308,662 |
| Dec 31, 2025 | $3,454 |
Fees, revenue and holders revenue by UTC calendar month, Mar 2024 to Feb 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Mar 2024 | $7.15m | $585,942 | $0 |
| Apr 2024 | $21,822 | $14,689 | $0 |
| May 2024 | $367 | $215 | $0 |
| Jun 2024 | $958 | $612 | $0 |
| Jul 2024 | $607 | $374 | $0 |
| Aug 2024 | $319 | $168 | $0 |
| Sep 2024 | $47,780 | $9,072 | $0 |
| Oct 2024 | $50,665 | $7,353 | $0 |
| Nov 2024 | $41,836 | $6,495 | $0 |
| Dec 2024 | $19,073 | $3,620 | $266 |
| Jan 2025 | $40,637 | $40,591 | - |
| Feb 2025 | $68,275 | $68,187 | - |
| Mar 2025 | $81,940 | $81,928 | - |
| Apr 2025 | $22,122 | $22,109 | - |
| May 2025 | $24 | $13 | - |
| Jun 2025 | $9,390 | $9,383 | - |
| Jul 2025 | $17,098 | $16,421 | - |
| Aug 2025 | $39,895 | $33,716 | - |
| Sep 2025 | $14,219 | $12,122 | - |
| Oct 2025 | $2,436 | $2,135 | - |
| Nov 2025 | $378 | $329 | - |
| Dec 2025 | $14,073 | $13,092 | - |
| Jan 2026 | $72 | $32 | - |
| Feb 2026 | $32 | $18 | - |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/fwx-derivatives
Frequently asked questions
What is FWX Derivatives' TVL?
As of Oct 24, 2026, FWX Derivatives has $587.16 in total value locked. TVL has decreased 5% over the past 30 days.
What chains does FWX Derivatives operate on?
FWX Derivatives operates on 7 chains: Base, BSC, Avalanche, Ethereum, and OP Mainnet and 2 others. Base holds the largest share at 57.2%.
How does FWX Derivatives' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, FWX Derivatives ranks #217 by TVL. The category holds $1.982b across 425 protocols, and FWX Derivatives accounts for <0.1% of that total. Similar protocols include Contango V2, Lynx, MUX Perps, ApeX Pro, Vest Markets, UniDex Perp, Everstrike, RubyDex, Apex Omni, and Aevo Perps.