Logo of Merkle TradeMerkle Trade(MKL)
Total Value Locked$0

TVL by Chain

Aptos$0

Key Metrics

Fees (Annualized)$993,272.26
Cumulative Fees$2.73m

Aptos$2.73m

Revenue (Annualized)$993,272.26
Cumulative Revenue$1.72m

Aptos$1.72m

Cumulative Perp Volume$29.94b
Cumulative Perp Volume by chain

Aptos$29.94b

Total Raised$2.1m

Apr 1, 2024$2.1mRound: SeedInvestors: Hashed, Arrington Capital, Morningstar Ventures, Aptos Labs, Amber Group, Re7 Captial, Dorahacks, Hashed

Protocol Information

Merkle Trade is a Perp DEX that offers high leverage on a variety of pairs such as Crypto, Forex, and Commodity.

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Category:Derivatives

Audits:

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 GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Competitors

Decibel ($29.74m)TsunamiX ($18,797.12)Thetis Perps ($1,284.41)Mirage Protocol ($591.15)AGDEX ($59.42)Jupiter Perpetual Exchange ($757.11m)GMX V2 Perps ($205.14m)Hyperliquid HLP ($187.42m)Derive V2 ($160.86m)Extended Perps ($119.43m)

Frequently Asked Questions

What is Merkle Trade's TVL?

Merkle Trade currently has $0 in total value locked.

What chains does Merkle Trade operate on?

Merkle Trade operates on Aptos.

How does Merkle Trade's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Merkle Trade ranks #321 by TVL. The category holds $2.047b across 419 protocols, and Merkle Trade accounts for 0% of that total. Other leading protocols include Decibel, TsunamiX, Thetis Perps, Mirage Protocol, AGDEX, Jupiter Perpetual Exchange, GMX V2 Perps, Hyperliquid HLP, Derive V2, and Extended Perps.