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Logo of GMTradeGMTrade
Total Value Locked$34.67m

TVL by Chain

Solana$34.67m

Key Metrics

Fees (Annualized)$11.88m
Fees 30d$2.56m

Solana$2.56m

Fees 7d$790,442

Solana$790,442

Fees 24h$30,318

Solana$30,318

Cumulative Fees$13.22m

Solana$13.22m

Revenue (Annualized)$3.02m
Revenue 30d$640,395

Solana$640,395

Revenue 7d$197,611

Solana$197,611

Revenue 24h$7,580

Solana$7,580

Cumulative Revenue$3.96m

Solana$3.96m

Perp Volume 30d$18.689b
Perp Volume 30d by chain

Solana$18.689b

Perp Volume 7d$4.198b

Solana$4.198b

Perp Volume 24h$32.94m

Solana$32.94m

Cumulative Perp Volume$120.008b

Solana$120.008b

$58.27m

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 Tracked76

Average Supply APY65.63%

Competitors

Jupiter Perpetual Exchange ($713.87m)BULK ($34.49m)Pacifica Perps ($27.78m)FlashTrade ($7.49m)TurboFlow Perps ($4.08m)Bumpin Trade ($3.97m)Parcl V3 ($1.12m)Wasabi Perps ($738,488.97)Drift Trade ($642,650.24)Lavarage ($587,341.32)

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 $34.67m in total value locked. TVL has decreased 9.4% 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 $2.56m in fees. Of that, $640,395 was protocol revenue. Based on the trailing year, the annualized rate is $11.88m in fees and $3.02m 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 $1.938b across 368 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 $18.689b in perpetual futures volume over the past 30 days.