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Logo of GMTradeGMTrade
Total Value Locked$33.86m

TVL by Chain

Solana$33.86m

Key Metrics

Fees (Annualized)$13.67m
Fees 30d$3.17m

Solana$3.17m

Fees 7d$753,631

Solana$753,631

Fees 24h$131,960

Solana$131,960

Cumulative Fees$15.02m

Solana$15.02m

Revenue (Annualized)$3.46m
Revenue 30d$792,729

Solana$792,729

Revenue 7d$188,409

Solana$188,409

Revenue 24h$32,990

Solana$32,990

Cumulative Revenue$4.41m

Solana$4.41m

Perp Volume 30d$18.629b
Perp Volume 30d by chain

Solana$18.629b

Perp Volume 7d$4.074b

Solana$4.074b

Perp Volume 24h$918.05m

Solana$918.05m

Cumulative Perp Volume$129.697b

Solana$129.697b

$269.65m

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.

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 Tracked75

Average Supply APY79.78%

Competitors

Jupiter Perpetual Exchange ($696.71m)BULK ($26.94m)Pacifica Perps ($26m)TurboFlow Perps ($5.82m)FlashTrade ($4.04m)Bumpin Trade ($3.98m)Parcl V3 ($1.12m)Drift Trade ($642,383.12)Wasabi Perps ($605,065.32)Lavarage ($584,137.77)

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 $33.86m in total value locked. TVL has decreased 7.2% 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 $3.17m in fees. Of that, $792,729 was protocol revenue. Based on the trailing year, the annualized rate is $13.67m in fees and $3.46m 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 $1.867b across 370 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 $18.629b in perpetual futures volume over the past 30 days.