Logo of GMTradeGMTrade
Total Value Locked$29.3m

TVL by Chain

Solana$29.3m

Key Metrics

Fees 30d$3.23m
Fees 30d by chain

Solana$3.23m

Fees 7d$759,728

Solana$759,728

Fees 24h$136,363

Solana$136,363

Cumulative Fees$18.25m

Solana$18.25m

Revenue 30d$808,085
Revenue 30d by chain

Solana$808,085

Revenue 7d$189,932

Solana$189,932

Revenue 24h$34,091

Solana$34,091

Cumulative Revenue$5.22m

Solana$5.22m

Perp Volume 30d$22.422b
Perp Volume 30d by chain

Solana$22.422b

Perp Volume 7d$5.967b

Solana$5.967b

Perp Volume 24h$1.146b

Solana$1.146b

Cumulative Perp Volume$152.118b

Solana$152.118b

$169.41m

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 APY76.98%

Competitors

Jupiter Perpetual Exchange ($739.23m)Pacifica Perps ($24.86m)BULK ($9.3m)TurboFlow Perps ($6.38m)Bumpin Trade ($4.26m)Parcl V3 ($1.09m)FlashTrade ($951,087.34)Drift Trade ($642,546.73)Lavarage ($641,382.06)Wasabi Perps ($639,375.51)

Frequently Asked Questions

What is GMTrade's TVL?

GMTrade currently has $29.3m in total value locked. TVL has decreased 13.6% 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 $3.23m in fees. Of that, $808,085 was protocol revenue. Based on the trailing year, the annualized rate is $16.89m in fees and $4.26m 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 $2.03b across 424 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, FlashTrade, Drift Trade, Lavarage, and Wasabi Perps.

How much perpetual futures volume does GMTrade process?

GMTrade processed $22.422b in perpetual futures volume over the past 30 days.