HMX (HMX)
Total Value Locked$2.16m
TVL by Chain
Arbitrum$2.1m
Blast$40,915
Polygon$17,409
Key Metrics
Fees (Annualized)$1.97m
Fees 30d$161,843
Fees 7d$34,435
Fees 24h$1,766
Cumulative Fees$22.87m
Revenue (Annualized)$834,285
Revenue 30d$68,384
Revenue 7d$12,922
Revenue 24h$782
Cumulative Revenue$4.34m
Holders Revenue (Annualized)$729,963
Holders Revenue 30d$59,833
Holders Revenue 7d$11,305
Holders Revenue 24h$684
Cumulative Holders Revenue$6.45m
Perp Volume 30d$652.92m
Perp Volume 7d$102.11m
Perp Volume 24h$4.97m
Cumulative Perp Volume$67.268b
HMX (HMX)
Total Value Locked$2.16m
TVL by Chain
Arbitrum$2.1m
Blast$40,915
Polygon$17,409
Key Metrics
Fees (Annualized)$1.97m
Fees 30d$161,843
Fees 7d$34,435
Fees 24h$1,766
Cumulative Fees$22.87m
Revenue (Annualized)$834,285
Revenue 30d$68,384
Revenue 7d$12,922
Revenue 24h$782
Cumulative Revenue$4.34m
Holders Revenue (Annualized)$729,963
Holders Revenue 30d$59,833
Holders Revenue 7d$11,305
Holders Revenue 24h$684
Cumulative Holders Revenue$6.45m
Perp Volume 30d$652.92m
Perp Volume 7d$102.11m
Perp Volume 24h$4.97m
Cumulative Perp Volume$67.268b
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.
Category:Derivatives
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 in the protocol, includes leverageView code on GitHubIncome Statement for HMX
| Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fees | $81,820 | $778,641 | $2.23m | $3.09m | $2.13m | $6.13m | $3.75m | $2.93m | $1.53m | $144,709 | $65,053 | $5,979 |
| Revenue | $32,741 | $334,224 | $951,416 | $1.11m | $864,079 | $1.05m | $0 | $0 | $0 | $0 | $0 | $0 |
| Earnings | $32,741 | $334,224 | $951,416 | $1.11m | $864,079 | $1.05m | $0 | $0 | $0 | $0 | $0 | $0 |
| Token Holder Net Income | $28,647 | $292,442 | $832,489 | $972,323 | $756,075 | $1.76m | $937,172 | $728,330 | $142,241 | $0 | $0 | $0 |