Logo of GMTradeGMTrade
Total Value Locked$30.29m

TVL by Chain

Solana$30.29m

Key Metrics

Fees (Annualized)$15.73m
Fees 30d$3.1m

Solana$3.1m

Fees 7d$873,897

Solana$873,897

Fees 24h$113,782

Solana$113,782

Cumulative Fees$17.1m

Solana$17.1m

Revenue (Annualized)$3.97m
Revenue 30d$776,219

Solana$776,219

Revenue 7d$218,474

Solana$218,474

Revenue 24h$28,445

Solana$28,445

Cumulative Revenue$4.93m

Solana$4.93m

Perp Volume 30d$17.894b
Perp Volume 30d by chain

Solana$17.894b

Perp Volume 7d$4.936b

Solana$4.936b

Perp Volume 24h$396.44m

Solana$396.44m

Cumulative Perp Volume$142.366b

Solana$142.366b

$217.65m

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.

WebsiteGitHubTwitter
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 Tracked76

Average Supply APY72.94%

Competitors

Jupiter Perpetual Exchange ($759.04m)Pacifica Perps ($26.54m)BULK ($20.32m)TurboFlow Perps ($6m)Bumpin Trade ($4.31m)FlashTrade ($3.35m)Parcl V3 ($1.1m)Wasabi Perps ($708,592.14)Lavarage ($656,775.24)Drift Trade ($642,562.44)

Frequently Asked Questions

What is GMTrade's TVL?

GMTrade currently has $30.29m in total value locked. TVL has decreased 12.3% 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 $3.1m in fees. Of that, $776,219 was protocol revenue. Based on the trailing year, the annualized rate is $15.73m in fees and $3.97m in revenue.

How does GMTrade's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, GMTrade ranks #11 by TVL. The category holds $2.051b across 418 protocols, and GMTrade accounts for 1.5% of that total. Other leading protocols include Jupiter Perpetual Exchange, Pacifica Perps, BULK, TurboFlow Perps, Bumpin Trade, FlashTrade, Parcl V3, Wasabi Perps, Lavarage, and Drift Trade.

How much perpetual futures volume does GMTrade process?

GMTrade processed $17.894b in perpetual futures volume over the past 30 days.