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Logo of GMTradeGMTrade
Total Value Locked$34.15m

TVL by Chain

Solana$34.15m

Key Metrics

Fees (Annualized)$13.42m
Fees 30d$2.97m

Solana$2.97m

Fees 7d$666,545

Solana$666,545

Fees 24h$111,963

Solana$111,963

Cumulative Fees$14.77m

Solana$14.77m

Revenue (Annualized)$3.4m
Revenue 30d$741,418

Solana$741,418

Revenue 7d$166,637

Solana$166,637

Revenue 24h$27,991

Solana$27,991

Cumulative Revenue$4.35m

Solana$4.35m

Perp Volume 30d$17.018b
Perp Volume 30d by chain

Solana$17.018b

Perp Volume 7d$2.989b

Solana$2.989b

Perp Volume 24h$428.15m

Solana$428.15m

Cumulative Perp Volume$127.74b

Solana$127.74b

$259.24m

Protocol Information

GMTrade is a perpetual DEX built on Solana that supports both crypto and RWA markets. The protocol utilizes isolated liquidity pools combined with a cross-pool coordination system that optimizes liquidity utilization. It aims to provide a seamless trading experience with fast execution and low fees while maintaining security and decentralization.

Category:Derivatives

Audits:

WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Opening/closing fees for perpetual positions, swap fees, liquidation fees, and borrowing feesView code on GitHubRevenue: 25% of all collected feesView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Yields

Pools Tracked75

Average Supply APY71.3%

Competitors

Jupiter Perpetual Exchange ($702.6m)BULK ($27.63m)Pacifica Perps ($26.25m)TurboFlow Perps ($5.81m)FlashTrade ($4.17m)Bumpin Trade ($3.98m)Parcl V3 ($1.12m)Wasabi Perps ($642,845.92)Drift Trade ($642,399.26)Lavarage ($585,258.39)

Frequently Asked Questions

What is GMTrade?

GMTrade is a perpetual DEX built on Solana that supports both crypto and RWA markets. The protocol utilizes isolated liquidity pools combined with a cross-pool coordination system that optimizes liquidity utilization. It aims to provide a seamless trading experience with fast execution and low fees while maintaining security and decentralization.

What is GMTrade's TVL?

GMTrade currently has $34.15m in total value locked. TVL has decreased 4% over the past 30 days.

What chains does GMTrade operate on?

GMTrade operates on Solana. Solana holds the largest share at 100%.

How much has GMTrade generated in fees and revenue?

Over the past 30 days, GMTrade generated $2.97m in fees. Of that, $741,418 was protocol revenue. Based on the trailing year, the annualized rate is $13.42m in fees and $3.4m in revenue.

How does GMTrade's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, GMTrade ranks #7 by TVL. The category holds $1.883b across 370 protocols, and GMTrade accounts for 1.8% of that total. Other leading protocols include Jupiter, Hyperliquid, and GMX.

How much perpetual futures volume does GMTrade process?

GMTrade processed $17.018b in perpetual futures volume over the past 30 days.