Total Value Locked$179,449.59
TVL by Chain
Sonic$69,788.62
Boba$58,053.81
GOAT$39,646.73
Arbitrum$3,680.25
Base$3,256.46
Ethereum$2,484.73
Celo$613.88
Fantom$454.84
BSC$425.94
Sei$423.5
Polygon$212.76
Zircuit$195.99
Fuse$128.68
Mode$83.41
Flare$0
Linea$0
Mantle$0
OP Mainnet$0
Key Metrics
Fees (Annualized)$240,368.19
Fees 30d$1,504.7
Sonic$1,504.7
Boba$0
Flare$0
Fees 7d$543.7
Sonic$543.7
Boba$0
Flare$0
Fees 24h$63.67
Sonic$63.67
Boba$0
Flare$0
Cumulative Fees$202,236.37
Sonic$150,776.37
Boba$51,461.11
Flare$2.09
Revenue (Annualized)$119,485.48
Revenue 30d$297.8
Sonic$297.8
Boba$0
Flare$0
Revenue 7d$82.8
Sonic$82.8
Boba$0
Flare$0
Revenue 24h$3.84
Sonic$3.84
Boba$0
Flare$0
Cumulative Revenue$100,502.59
Sonic$64,879.41
Boba$35,619.81
Flare$0.75
Perp Volume 30d$537,258
Perp Volume 30d by chain
Sonic$537,258
Boba$0
Flare$0
Perp Volume 7d$121,849
Sonic$121,849
Boba$0
Flare$0
Perp Volume 24h$5,588
Sonic$5,588
Boba$0
Flare$0
Cumulative Perp Volume$41.39m
Sonic$36.48m
Boba$4.91m
Flare$0
Protocol Information
Perpetuals DEX offering high-leverage trading using any token as collateral. Supporting gasless trading from any blockchain
Category:Derivatives
Methodology
TVL: TVL is the sum of settlement assets locked in Lynx chip and OFTChipAdapter contracts across all supported chains.View code on GitHubFees: Opening/closing fees (percentage of position size, varies by collateral asset and instrument), borrow interest (floating rate on utilized amount), performance fees (percentage of profit on winning Cat Mode/Options trades), funding fees (LP/reserve portion of funding rate payments from the heavier OI side), liquidation fees (remaining collateral after 85% loss threshold), and trigger bot fees. Excludes artificial spread (built into entry price).View code on GitHubRevenue: Protocol share of open/close fees (1 - lexPartF) plus performance fees on profitable Cat Mode and Options trades.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What is Lynx?
Perpetuals DEX offering high-leverage trading using any token as collateral. Supporting gasless trading from any blockchain
What is Lynx's TVL?
Lynx currently has $179,449.59 in total value locked. TVL has decreased 24.8% over the past 30 days.
What chains does Lynx operate on?
Lynx operates on 18 chains: Flare, Linea, Mantle, Base, and GOAT and 13 others. Sonic holds the largest share at 38.9%.
How much has Lynx generated in fees and revenue?
Over the past 30 days, Lynx generated $1,504.7 in fees. Of that, $297.8 was protocol revenue. Based on the trailing year, the annualized rate is $240,368.19 in fees and $119,485.48 in revenue.
How does Lynx's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Lynx ranks #84 by TVL. The category holds $1.925b across 368 protocols, and Lynx accounts for <0.1% of that total. Other leading protocols include Jupiter, Hyperliquid, and GMX.
How much perpetual futures volume does Lynx process?
Lynx processed $537,258 in perpetual futures volume over the past 30 days.

