Ask about GMTrade
Logo of GMTradeGMTrade
Total Value Locked$28.19m

TVL by Chain

Solana$28.19m

Key Metrics

Fees 30d$3.42m
Fees 30d by chain

Solana$3.42m

Fees 7d$910,224

Solana$910,224

Fees 24h$136,988

Solana$136,988

Cumulative Fees$18.88m

Solana$18.88m

Revenue 30d$855,974
Revenue 30d by chain

Solana$855,974

Revenue 7d$227,556

Solana$227,556

Revenue 24h$34,247

Solana$34,247

Cumulative Revenue$5.38m

Solana$5.38m

Perp Volume 30d$23.897b
Perp Volume 30d by chain

Solana$23.897b

Perp Volume 7d$6.727b

Solana$6.727b

Perp Volume 24h$1.109b

Solana$1.109b

Cumulative Perp Volume$156.587b

Solana$156.587b

$118.09m

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 Tracked73

Average Supply APY77.99%

Competitors

Jupiter Perpetual Exchange ($729.39m)Pacifica Perps ($24.74m)BULK ($8.64m)TurboFlow Perps ($6.25m)Bumpin Trade ($4.23m)Parcl V3 ($1.09m)Drift Trade ($642,486.44)Lavarage ($624,311.25)Wasabi Perps ($612,371.61)Adrena Protocol ($296,146.28)

Frequently Asked Questions

What is GMTrade's TVL?

GMTrade currently has $28.19m in total value locked. TVL has decreased 12.4% 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 $3.42m in fees. Of that, $855,974 was protocol revenue. Based on the trailing year, the annualized rate is $17.51m in fees and $4.42m 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 $2.027b across 422 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, Drift Trade, Lavarage, Wasabi Perps, and Adrena Protocol.

How much perpetual futures volume does GMTrade process?

GMTrade processed $23.897b in perpetual futures volume over the past 30 days.