Logo of Mirage ProtocolMirage Protocol
Total Value Locked$706.81

TVL by Chain

Aptos$706.34

Movement$0.47

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

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Category:Derivatives

Audits:

Methodology

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

Competitors

Decibel ($29.53m)TsunamiX ($18,829.65)Thetis Perps ($1,284.73)AGDEX ($72.5)Merkle TradeJupiter Perpetual Exchange ($747.05m)GMX V2 Perps ($203.88m)Hyperliquid HLP ($187.95m)Derive V2 ($157.52m)Extended Perps ($116.9m)

Frequently Asked Questions

What is Mirage Protocol's TVL?

Mirage Protocol currently has $706.81 in total value locked. TVL has increased 10.3% over the past 30 days.

What chains does Mirage Protocol operate on?

Mirage Protocol operates on 2 chains: Movement and Aptos. 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 #218 by TVL. The category holds $2.042b across 424 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, Hyperliquid HLP, Derive V2, and Extended Perps.