Ask about HMX
Logo of HMXHMX(HMX)
Total Value Locked$247,262

TVL by Chain

Arbitrum$212,115

Blast$25,340

Polygon$9,807

Key Metrics

Fees (Annualized)$250,194

Fees 30d$0

Fees 7d$0

Fees 24h$0

Cumulative Fees$22.94m

Arbitrum$21.9m

Blast$693,939

Polygon$347,005

Revenue (Annualized)$105,090

Revenue 30d$0

Revenue 7d$0

Revenue 24h$0

Cumulative Revenue$4.37m

Arbitrum$4.09m

Blast$281,473

Holders Revenue (Annualized)$91,952

Holders Revenue 30d$0

Holders Revenue 7d$0

Holders Revenue 24h$0

Cumulative Holders Revenue$6.47m

Arbitrum$6.23m

Blast$246,287

Cumulative Perp Volume$67.368b
Cumulative Perp Volume by chain

Arbitrum$66.097b

Blast$1.27b

Protocol Information

HMX (previous perp88) is a next-gen decentralized perpetual exchange with a cross-margin and multi-asset collateral support on Arbitrum, offering up to 1,000x leverage various asset classes. Additionally, HMX also supports the leveraged market making feature, which allows market makers to maximize their real yields generated from protocol revenue of both HMX and GMX, while also offering multiple LP protection mechanisms, such as a velocity-based funding fee and adaptive pricing, to protect market makers from undue risks.

CategoryDerivatives
WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees paid by usersView code on GitHubRevenue: Treasury and token holders revenueView code on GitHubHolders Revenue: Fees going to governance token holdersView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Competitors

LogX V2 ($41.72)Derive V2 ($115.8m)Gains Network ($13.46m)IntentX ($5.67m)Contango V2 ($4.78m)GMX V2 Perps ($161.15m)Ostium ($50.58m)Apex Omni ($34.1m)Synthetix V3 ($32.39m)Aevo Perps ($15.79m)