Ask about GMTrade

Logo of GMTradeGMTrade

Total Value Locked$29.52m

TVL by Chain

Solana$29.52m

Key Metrics

Fees 30d$3.48m
Fees 30d by chain

Solana$3.48m

Fees 7d$949,054

Solana$949,054

Fees 24h$26,080

Solana$26,080

Cumulative Fees$19.38m

Solana$19.38m

Revenue 30d$868,776
Revenue 30d by chain

Solana$868,776

Revenue 7d$237,263

Solana$237,263

Revenue 24h$6,520

Solana$6,520

Cumulative Revenue$5.5m

Solana$5.5m

Perp Volume 30d$25.007b
Perp Volume 30d by chain

Solana$25.007b

Perp Volume 7d$7.173b

Solana$7.173b

Perp Volume 24h$163.69m

Solana$163.69m

Cumulative Perp Volume$160.696b

Solana$160.696b

$116.88m

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.

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Category:Derivatives

Audits:

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 APY72.56%

Competitors

Jupiter Perpetual Exchange ($777.33m)Pacifica Perps ($24.86m)BULK ($7.97m)TurboFlow Perps ($6.36m)Bumpin Trade ($4.4m)Parcl V3 ($1.09m)Lavarage ($670,307.39)Wasabi Perps ($655,448.22)Drift Trade ($642,387.35)Adrena Protocol ($309,974.37)

Frequently Asked Questions

What is GMTrade's TVL?

GMTrade currently has $29.52m in total value locked. TVL has decreased 9.9% 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 $3.48m in fees. Of that, $868,776 was protocol revenue. Based on the trailing year, the annualized rate is $18.01m in fees and $4.54m in revenue.

How does GMTrade's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, GMTrade ranks #12 by TVL. The category holds $2.142b across 420 protocols, and GMTrade accounts for 1.4% of that total. Other leading protocols include Jupiter Perpetual Exchange, Pacifica Perps, BULK, TurboFlow Perps, Bumpin Trade, Parcl V3, Lavarage, Wasabi Perps, Drift Trade, and Adrena Protocol.

How much perpetual futures volume does GMTrade process?

GMTrade processed $25.007b in perpetual futures volume over the past 30 days.