Key Metrics
Fees 30d$171.45
Fees 30d by chain
Hyperliquid L1$171.45
Fees 7d$22.98
Hyperliquid L1$22.98
Fees 24h$0
Hyperliquid L1$0
Cumulative Fees$4,541
Hyperliquid L1$4,541
Revenue 30d$171.45
Revenue 30d by chain
Hyperliquid L1$171.45
Revenue 7d$22.98
Hyperliquid L1$22.98
Revenue 24h$0
Hyperliquid L1$0
Cumulative Revenue$4,541
Hyperliquid L1$4,541
DEX Volume 30d$342,362
DEX Volume 30d by chain
Hyperliquid L1$342,362
DEX Volume 7d$46,149
Hyperliquid L1$46,149
DEX Volume 24h$0
Hyperliquid L1$0
Cumulative DEX Volume$9.07m
Hyperliquid L1$9.07m
Protocol Information
GDEX is Gemach DAO's multi-chain trading terminal. GDEX Perps is its perpetual futures trading product.
Part of GDEX
Methodology
Fees: Hyperliquid builder code fees paid by users on perpetual trades placed through GDEX.View code on GitHubRevenue: Hyperliquid builder code fees collected by GDEX. Referral rewards GDEX later pays out off-chain from its treasury are not deducted.View code on GitHubDEX Volume: Notional volume of Hyperliquid perpetual trades (including HIP-3 markets) placed through GDEX.View code on GitHubGDEX Perps history
Fees and revenue by UTC calendar month, May 2026 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| May 2026 | $412.96 | $412.96 |
| Jun 2026 | $847.29 | $847.29 |
| Jul 2026 | $9.36 | $9.36 |
| Aug 2026 | $2,106 | $2,106 |
| Sep 2026 | $728.34 | $728.34 |
| Oct 2026 | $412.33 | $412.33 |
| Nov 2026 (to date) | $25.14 | $25.14 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/gdex-perps
Frequently asked questions
What chains does GDEX Perps operate on?
GDEX Perps operates on Hyperliquid L1.
How much has GDEX Perps generated in fees and revenue?
Over the past 30 days, GDEX Perps generated $171.45 in fees. Of that, $171.45 was protocol revenue. Based on the trailing year, the annualized rate is $8,588 in fees and $8,588 in revenue.
How does GDEX Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, GDEX Perps ranks #333 by TVL. The category holds $1.697b across 425 protocols, and GDEX Perps accounts for 0% of that total. Similar protocols include Hyperliquid HLP, Papertrade, Derive V2, Bounce.Tech, Hyper Tokens, SIR, Jupiter Perpetual Exchange, GMX EVM, Lighter Robinhood Perps, and Lighter LLP.
How much trading volume does GDEX Perps process?
GDEX Perps processed $342,362 in DEX volume over the past 30 days.