Ask about Mirage Protocol

Logo of Mirage ProtocolMirage Protocol

Total Value Locked$858.71

TVL by Chain

Aptos$858.21

Movement$0.50

Key Metrics

Total Raised$1.6m

May 23, 2025$1.6mRound: Investors: Robot Ventures, Selini Capital, Ambush, Echo, Native Crypto

Protocol Information

Mirage is a composable liquidity layer. Users can deposit collateral and borrow a self-repaying stablecoin loan powered by perps

WebsiteGitHubX/Twitter
Category:Derivatives

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Decibel ($29.32m)TsunamiX ($21,204)Thetis Perps ($1,287)AGDEX ($84.21)Merkle TradeJupiter Perpetual Exchange ($805.5m)GMX V2 Perps ($208.96m)Derive V2 ($186.13m)Hyperliquid HLP ($182.96m)Extended Perps ($112.26m)

Frequently Asked Questions

What is Mirage Protocol's TVL?

Mirage Protocol currently has $858.71 in total value locked. TVL has increased 49.6% over the past 30 days.

What chains does Mirage Protocol operate on?

Mirage Protocol operates on 2 chains: Aptos and Movement. Aptos holds the largest share at 99.9%.

How does Mirage Protocol's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Mirage Protocol ranks #211 by TVL. The category holds $2.156b across 422 protocols, and Mirage Protocol accounts for <0.1% of that total. Other leading protocols include Decibel, TsunamiX, Thetis Perps, AGDEX, Merkle Trade, Jupiter Perpetual Exchange, GMX V2 Perps, Derive V2, Hyperliquid HLP, and Extended Perps.