Total Value Locked$6.97m
TVL by Chain
BSC$6.97m
Key Metrics
Fees 30d$5,647
Fees 30d by chain
BSC$5,647
Fees 7d$782.75
BSC$782.75
Fees 24h$112
BSC$112
Cumulative Fees$51,690
BSC$51,690
Revenue 30d$1,669
Revenue 30d by chain
BSC$1,669
Revenue 7d$198.44
BSC$198.44
Revenue 24h$24.86
BSC$24.86
Cumulative Revenue$14,971
BSC$14,971
Perp Volume 30d$30.08m
Perp Volume 30d by chain
BSC$30.08m
Perp Volume 7d$3.76m
BSC$3.76m
Perp Volume 24h$260,961
BSC$260,961
Cumulative Perp Volume$145.59m
BSC$145.59m
Open Interest$94,252
Total RaisedUndisclosed
Aug 23, 2026Round: Angel Round
Protocol Information
HertzFlow is a permissionless, self-custodial perpetuals exchange on BNB Chain with isolated liquidity pools and multi-market liquidity vaults.
Methodology
TVL: Counts the underlying assets (U, USD1) held in the redemption banks backing the HertzFlow wrapped market tokens (HFUSD, HFUSD1), plus any unwrapped collateral held directly by market pools.View code on GitHubFees: Position fees paid after trading discounts, plus borrowing, liquidation, and UI fees. Funding transfers between traders are excluded.View code on GitHubRevenue: The position, borrowing, and liquidation fee amounts accrued as claimable protocol fees and withdrawable through FeeHandler.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
HertzFlow history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 1, 2026 to Oct 28, 2026.
All-time high TVL: $7.42m on Sep 5, 2026. All-time low TVL: $6.98m on Oct 23, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $7.14m |
| Sep 30, 2026 | $7.14m |
| Oct 1, 2026 | $7.14m |
| Oct 2, 2026 | $7.14m |
| Oct 3, 2026 | $7.14m |
| Oct 4, 2026 | $7.14m |
| Oct 5, 2026 | $7.14m |
| Oct 6, 2026 | $7.14m |
| Oct 7, 2026 | $7.14m |
| Oct 8, 2026 | $7.13m |
| Oct 9, 2026 | $7.12m |
| Oct 10, 2026 | $7.13m |
| Oct 11, 2026 | $7.12m |
| Oct 12, 2026 | $7.12m |
| Oct 13, 2026 | $7.12m |
| Oct 14, 2026 | $7.1m |
| Oct 15, 2026 | $7.11m |
| Oct 16, 2026 | $7.1m |
| Oct 17, 2026 | $7.1m |
| Oct 18, 2026 | $7.1m |
| Oct 19, 2026 | $6.99m |
| Oct 20, 2026 | $6.98m |
| Oct 21, 2026 | $6.99m |
| Oct 22, 2026 | $6.99m |
| Oct 23, 2026 | $6.98m |
| Oct 24, 2026 | $6.98m |
| Oct 25, 2026 | $6.98m |
| Oct 26, 2026 | $6.98m |
| Oct 27, 2026 | $6.98m |
| Oct 28, 2026 | $6.98m |
TVL at each month end, Sep 2026 to Oct 2026
| Date | TVL |
|---|---|
| Sep 30, 2026 | $7.14m |
| Oct 28, 2026 (latest) | $6.98m |
Fees and revenue by UTC calendar month, Aug 2026 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Aug 2026 | $4,767 | $1,415 |
| Sep 2026 | $42,355 | $12,196 |
| Oct 2026 (to date) | $4,680 | $1,386 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/hertzflow
Frequently asked questions
What is HertzFlow's TVL?
As of Oct 28, 2026, HertzFlow has $6.97m in total value locked. TVL has decreased 2.6% over the past 30 days.
What chains does HertzFlow operate on?
HertzFlow operates on BSC. BSC holds the largest share at 100%.
How much has HertzFlow generated in fees and revenue?
Over the past 30 days, HertzFlow generated $5,647 in fees. Of that, $1,669 was protocol revenue. Based on the trailing year, the annualized rate is $290,261 in fees and $84,070 in revenue.
How does HertzFlow's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, HertzFlow ranks #27 by TVL. The category holds $1.967b across 426 protocols, and HertzFlow accounts for 0.4% of that total. Similar protocols include AZverse Perps, Apex Omni, MUX Perps, Contango V2, TurboFlow Perps, Hakka Finance, AlphaX, SYMMIO, KiloEx, and ApeX Pro.
How much perpetual futures volume does HertzFlow process?
HertzFlow processed $30.08m in perpetual futures volume over the past 30 days.

