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Logo of GMTradeGMTrade
Total Value Locked$35.39m

TVL by Chain

Solana$35.39m

Key Metrics

Fees (Annualized)$12.75m
Fees 30d$2.82m

Solana$2.82m

Fees 7d$787,498

Solana$787,498

Fees 24h$65,290

Solana$65,290

Cumulative Fees$14.1m

Solana$14.1m

Revenue (Annualized)$3.24m
Revenue 30d$704,097

Solana$704,097

Revenue 7d$196,874

Solana$196,874

Revenue 24h$16,322

Solana$16,322

Cumulative Revenue$4.18m

Solana$4.18m

Perp Volume 30d$17.791b
Perp Volume 30d by chain

Solana$17.791b

Perp Volume 7d$4.419b

Solana$4.419b

Perp Volume 24h$221.33m

Solana$221.33m

Cumulative Perp Volume$124.75b

Solana$124.75b

$199.26m

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 APY74.56%

Competitors

Jupiter Perpetual Exchange ($696.43m)BULK ($29.18m)Pacifica Perps ($25.64m)FlashTrade ($7.14m)TurboFlow Perps ($4.23m)Bumpin Trade ($3.91m)Parcl V3 ($1.12m)Wasabi Perps ($653,570.52)Drift Trade ($642,572.39)Lavarage ($575,986.5)

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 $35.39m in total value locked. TVL has increased 0.5% 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 $2.82m in fees. Of that, $704,097 was protocol revenue. Based on the trailing year, the annualized rate is $12.75m in fees and $3.24m 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 $1.883b across 369 protocols, and GMTrade accounts for 1.9% of that total. Other leading protocols include Jupiter, Hyperliquid, and GMX.

How much perpetual futures volume does GMTrade process?

GMTrade processed $17.791b in perpetual futures volume over the past 30 days.