Total Value Locked$9.65m
TVL by Chain
Arbitrum$8.7m
Avalanche$428,019
BSC$317,543
OP Mainnet$199,681
Fantom$1,223
Key Metrics
Fees 30d$6,340
Fees 30d by chain
Arbitrum$5,011
BSC$1,299
Avalanche$30.23
OP Mainnet$0.10
Fantom$0
Fees 7d$2,126
Arbitrum$1,343
BSC$783
Avalanche$0
Fantom$0
OP Mainnet$0
Fees 24h$170
BSC$118
Arbitrum$52
Avalanche$0
Fantom$0
OP Mainnet$0
Cumulative Fees$33.25m
Arbitrum$31.51m
Avalanche$1.16m
OP Mainnet$291,311
BSC$207,148
Fantom$86,998
Revenue 30d$1,905
Revenue 30d by chain
Arbitrum$1,505
BSC$390.87
Avalanche$9.14
OP Mainnet$0.03
Fantom$0
Revenue 7d$638
Arbitrum$403
BSC$235
Avalanche$0
Fantom$0
OP Mainnet$0
Revenue 24h$51
BSC$35
Arbitrum$16
Avalanche$0
Fantom$0
OP Mainnet$0
Cumulative Revenue$15.63m
Arbitrum$14.8m
Avalanche$534,752
OP Mainnet$122,409
BSC$106,842
Fantom$60,705
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Avalanche$0
BSC$0
Fantom$0
OP Mainnet$0
Holders Revenue 7d$0
Arbitrum$0
Avalanche$0
BSC$0
Fantom$0
OP Mainnet$0
Holders Revenue 24h$0
Arbitrum$0
Avalanche$0
BSC$0
Fantom$0
OP Mainnet$0
Cumulative Holders Revenue$5.65m
Arbitrum$5.35m
Avalanche$187,212
BSC$44,729
OP Mainnet$34,994
Fantom$34,616
Perp Volume 30d$9.19m
Perp Volume 30d by chain
Arbitrum$6.97m
BSC$2.18m
Avalanche$50,797
OP Mainnet$0.27
Perp Volume 7d$3.26m
Arbitrum$1.95m
BSC$1.31m
Avalanche$0
OP Mainnet$0
Perp Volume 24h$247,531
Arbitrum$129,966
BSC$117,565
Avalanche$0
OP Mainnet$0
Cumulative Perp Volume$39.973b
Arbitrum$38.649b
Avalanche$958.06m
OP Mainnet$233.86m
BSC$123.61m
Fantom$8.69m
Open Interest$205,901
Protocol Information
MUX Protocol Suite contains the MUX Leveraged Trading Protocol and MUX Aggregator. MUX offers optimized trading cost, deep aggregated liquidity, diverse market options and a wide range of leverage options for traders.
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 GitHubHolders Revenue: Fees going to governance token holdersView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubUser Activity
Active Addresses (24h)12
New Addresses (24h)0
Transactions (24h)75
Gas Used (24h)0.01 ETH
Gas Cost (24h)$4.39
Competitors
MUX Perps history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 6, 2022 to Oct 23, 2026.
All-time high TVL: $90.64m on Mar 12, 2024. All-time low TVL: $4.18m on Nov 8, 2022.
Daily TVL, Sep 24, 2026 to Oct 23, 2026
| Date | TVL |
|---|---|
| Sep 24, 2026 | $10.08m |
| Sep 25, 2026 | $10.1m |
| Sep 26, 2026 | $10.06m |
| Sep 27, 2026 | $10.08m |
| Sep 28, 2026 | $10.11m |
| Sep 29, 2026 | $9.97m |
| Sep 30, 2026 | $10m |
| Oct 1, 2026 | $9.99m |
| Oct 2, 2026 | $10.07m |
| Oct 3, 2026 | $10.05m |
| Oct 4, 2026 | $10.07m |
| Oct 5, 2026 | $10.24m |
| Oct 6, 2026 | $10.18m |
| Oct 7, 2026 | $10.15m |
| Oct 8, 2026 | $9.89m |
| Oct 9, 2026 | $9.7m |
| Oct 10, 2026 | $9.78m |
| Oct 11, 2026 | $9.83m |
| Oct 12, 2026 | $9.91m |
| Oct 13, 2026 | $9.65m |
| Oct 14, 2026 | $9.86m |
| Oct 15, 2026 | $9.65m |
| Oct 16, 2026 | $9.72m |
| Oct 17, 2026 | $9.65m |
| Oct 18, 2026 | $9.62m |
| Oct 19, 2026 | $9.69m |
| Oct 20, 2026 | $9.65m |
| Oct 21, 2026 | $9.78m |
| Oct 22, 2026 | $9.83m |
| Oct 23, 2026 | $9.59m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $21.42m |
| Dec 31, 2024 | $19.57m |
| Jan 31, 2025 | $18.94m |
| Feb 28, 2025 | $15.86m |
| Mar 31, 2025 | $14.38m |
| Apr 30, 2025 | $13.69m |
| May 31, 2025 | $13.33m |
| Jun 30, 2025 | $12.24m |
| Jul 31, 2025 | $12.14m |
| Aug 31, 2025 | $10.24m |
| Sep 30, 2025 | $11.69m |
| Oct 31, 2025 | $12.12m |
| Nov 30, 2025 | $11.06m |
| Dec 31, 2025 | $11.78m |
| Jan 31, 2026 | $11.85m |
| Feb 28, 2026 | $9.13m |
| Mar 31, 2026 | $8.88m |
| Apr 30, 2026 | $9.76m |
| May 31, 2026 | $9.46m |
| Jun 30, 2026 | $8.12m |
| Jul 31, 2026 | $8.56m |
| Aug 31, 2026 | $9.95m |
| Sep 30, 2026 | $10m |
| Oct 23, 2026 (latest) | $9.59m |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $11.03m |
| Dec 31, 2023 | $63.35m |
| Dec 31, 2024 | $19.57m |
| Dec 31, 2025 | $11.78m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $317,479 | $95,244 | $0 |
| Dec 2024 | $317,141 | $95,144 | $0 |
| Jan 2025 | $246,766 | $74,027 | $0 |
| Feb 2025 | $212,801 | $63,839 | $0 |
| Mar 2025 | $62,399 | $18,722 | $0 |
| Apr 2025 | $203,536 | $61,057 | $0 |
| May 2025 | $76,912 | $23,080 | $0 |
| Jun 2025 | $38,532 | $11,555 | $0 |
| Jul 2025 | $44,256 | $13,281 | $0 |
| Aug 2025 | $59,842 | $17,952 | $0 |
| Sep 2025 | $33,214 | $9,960 | $0 |
| Oct 2025 | $33,359 | $10,005 | $0 |
| Nov 2025 | $42,690 | $12,809 | $0 |
| Dec 2025 | $30,958 | $9,280 | $0 |
| Jan 2026 | $17,331 | $5,195 | $0 |
| Feb 2026 | $5,719 | $1,712 | $0 |
| Mar 2026 | $9,117 | $2,735 | $0 |
| Apr 2026 | $13,203 | $3,959 | $0 |
| May 2026 | $10,598 | $3,180 | $0 |
| Jun 2026 | $8,104 | $2,435 | $0 |
| Jul 2026 | $9,449 | $2,836 | $0 |
| Aug 2026 | $6,482 | $1,942 | $0 |
| Sep 2026 | $7,428 | $2,228 | $0 |
| Oct 2026 (to date) | $5,733 | $1,722 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/mux-perps
Frequently asked questions
What is MUX Perps' TVL?
As of Oct 23, 2026, MUX Perps has $9.65m in total value locked. TVL has decreased 6.1% over the past 30 days.
What chains does MUX Perps operate on?
MUX Perps operates on 5 chains: Arbitrum, Avalanche, BSC, OP Mainnet, and Fantom. Arbitrum holds the largest share at 90.2%.
How much has MUX Perps generated in fees and revenue?
Over the past 30 days, MUX Perps generated $6,340 in fees. Of that, $1,905 was protocol revenue. Based on the trailing year, the annualized rate is $175,480 in fees and $52,632 in revenue.
How does MUX Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, MUX Perps ranks #21 by TVL. The category holds $2.002b across 424 protocols, and MUX Perps accounts for 0.5% of that total. Similar protocols include Contango V2, ApeX Pro, Lynx, Jarvis Network, UniDex Perp, RubyDex, Vest Markets, Mummy Finance, Everstrike, and HashDAO Finance.
How much perpetual futures volume does MUX Perps process?
MUX Perps processed $9.19m in perpetual futures volume over the past 30 days.