Total Value Locked$5.31
TVL by Chain
BSC$3.06
Fantom$2.26
Key Metrics
Fees (Annualized)$1.05m
Cumulative Fees$1.69m
Fantom$1.57m
BSC$122,565
Revenue (Annualized)$315,731.84
Cumulative Revenue$507,766
Fantom$470,991
BSC$36,775
Holders Revenue (Annualized)$315,731.84
Cumulative Holders Revenue$507,766
Fantom$470,991
BSC$36,775
Cumulative Perp Volume$318.11m
Cumulative Perp Volume by chain
Fantom$302.31m
BSC$15.8m
Staked$0
Protocol Information
Decentralized perpetual exchange, powered by Fantom.
Category:Derivatives
Methodology
TVL: Morphex liquidity is calculated by the value of tokens in the MLP pool. TVL also includes MPX staked.View code on GitHubFees: Fees from open/close position (0.1%), liquidations, swap (0.2% to 0.8%), mint and burn (based on tokens balance in the pool) and borrow fee ((assets borrowed)/(total assets in pool)*0.01%)View code on GitHubRevenue: Governance revenue is 30% of all collected fees, which are distributed to MPX stakersView code on GitHubHolders Revenue: 30% of all collected fees are distributed to MPX stakersView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What is Morphex V2's TVL?
Morphex V2 currently has $5.31 in total value locked. TVL has increased 32.8% over the past 30 days.
What chains does Morphex V2 operate on?
Morphex V2 operates on 2 chains: Fantom and BSC. BSC holds the largest share at 57.5%.
How does Morphex V2's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Morphex V2 ranks #264 by TVL. The category holds $2.025b across 419 protocols, and Morphex V2 accounts for <0.1% of that total. Other leading protocols include MUX Perps, Lynx, UniDex Perp, Lif3 Trade, AZverse Perps, Apex Omni, Contango V2, TurboFlow Perps, Hakka Finance, and SYMMIO.
