Ask about GMTrade

Logo of GMTradeGMTrade

Total Value Locked$29.57m

TVL by Chain

Solana$29.57m

Key Metrics

Fees 30d$3.62m
Fees 30d by chain

Solana$3.62m

Fees 7d$948,271

Solana$948,271

Fees 24h$138,422

Solana$138,422

Cumulative Fees$19.36m

Solana$19.36m

Revenue 30d$905,846
Revenue 30d by chain

Solana$905,846

Revenue 7d$237,067

Solana$237,067

Revenue 24h$34,605

Solana$34,605

Cumulative Revenue$5.49m

Solana$5.49m

Perp Volume 30d$26.448b
Perp Volume 30d by chain

Solana$26.448b

Perp Volume 7d$7.081b

Solana$7.081b

Perp Volume 24h$1.068b

Solana$1.068b

Cumulative Perp Volume$160.532b

Solana$160.532b

$117.71m

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 Tracked75

Average Supply APY72.09%

Competitors

Jupiter Perpetual Exchange ($795.04m)Pacifica Perps ($24.96m)BULK ($8.04m)TurboFlow Perps ($6.36m)Bumpin Trade ($4.44m)Parcl V3 ($1.09m)Lavarage ($686,312.08)Wasabi Perps ($684,155.69)Drift Trade ($642,483.11)Adrena Protocol ($314,443.92)

Frequently Asked Questions

What is GMTrade's TVL?

GMTrade currently has $29.57m in total value locked. TVL has decreased 9.1% 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 $3.62m in fees. Of that, $905,846 was protocol revenue. Based on the trailing year, the annualized rate is $17.98m in fees and $4.53m 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 $2.169b across 420 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, Lavarage, Wasabi Perps, Drift Trade, and Adrena Protocol.

How much perpetual futures volume does GMTrade process?

GMTrade processed $26.448b in perpetual futures volume over the past 30 days.