Logo of Morphex V2Morphex V2(MPX)

Total Value Locked$5.61

TVL by Chain

BSC$3.29

Fantom$2.32

Key Metrics

Cumulative Fees$1.69m
Cumulative Fees by chain

Fantom$1.57m

BSC$122,565

Cumulative Revenue$507,766
Cumulative Revenue by chain

Fantom$470,991

BSC$36,775

Cumulative Holders Revenue$507,766
Cumulative Holders Revenue by chain

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.

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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 GitHub

Competitors

MUX Perps ($10.09m)Lynx ($206,389)UniDex Perp ($28,600)Lif3 Trade ($7.27)AZverse Perps ($52.11m)Apex Omni ($31.44m)Contango V2 ($13.41m)HertzFlow ($7.14m)TurboFlow Perps ($6.38m)Hakka Finance ($5.9m)

Frequently Asked Questions

What is Morphex V2's TVL?

Morphex V2 currently has $5.61 in total value locked. TVL has increased 40.2% over the past 30 days.

What chains does Morphex V2 operate on?

Morphex V2 operates on 2 chains: BSC and Fantom. BSC holds the largest share at 58.6%.

How does Morphex V2's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Morphex V2 ranks #261 by TVL. The category holds $2.195b 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, HertzFlow, TurboFlow Perps, and Hakka Finance.