Total Value Locked$8.53m
TVL by Chain
Arbitrum$7.64m
Avalanche$391,699
BSC$303,278
OP Mainnet$186,441
Fantom$900.89
Key Metrics
Fees 30d$9,601
Fees 30d by chain
Arbitrum$6,816
BSC$2,550
Avalanche$234.44
OP Mainnet$1.24
Fantom$0
Fees 7d$2,695
Arbitrum$1,732
BSC$732
Avalanche$231.16
OP Mainnet$0.09
Fantom$0
Fees 24h$321
Arbitrum$175
Avalanche$146
BSC$0
Fantom$0
OP Mainnet$0
Cumulative Fees$33.26m
Arbitrum$31.51m
Avalanche$1.16m
OP Mainnet$291,312
BSC$208,784
Fantom$86,998
Revenue 30d$2,881
Revenue 30d by chain
Arbitrum$2,046
BSC$764.40
Avalanche$71.03
OP Mainnet$0.38
Fantom$0
Revenue 7d$809
Arbitrum$520
BSC$219.03
Avalanche$70.04
OP Mainnet$0.03
Fantom$0
Revenue 24h$97
Arbitrum$53
Avalanche$44
BSC$0
Fantom$0
OP Mainnet$0
Cumulative Revenue$15.63m
Arbitrum$14.8m
Avalanche$534,823
OP Mainnet$122,409
BSC$107,332
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$14.49m
Perp Volume 30d by chain
Arbitrum$9.79m
BSC$4.31m
Avalanche$391,994
OP Mainnet$2,071
Perp Volume 7d$3.95m
Arbitrum$2.3m
BSC$1.27m
Avalanche$386,515
OP Mainnet$148
Perp Volume 24h$568,468
Arbitrum$347,371
Avalanche$221,097
BSC$0
OP Mainnet$0
Cumulative Perp Volume$39.981b
Arbitrum$38.653b
Avalanche$958.45m
OP Mainnet$233.87m
BSC$126.27m
Fantom$8.69m
Open Interest$207,941
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)7
New Addresses (24h)0
Transactions (24h)49
Gas Used (24h)0.08 ETH
Gas Cost (24h)$1.09
Competitors
MUX Perps history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 6, 2022 to Nov 12, 2026.
All-time high TVL: $90.64m on Mar 12, 2024. All-time low TVL: $4.18m on Nov 8, 2022.
Daily TVL, Oct 14, 2026 to Nov 12, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 24, 2026 | $9.53m |
| Oct 25, 2026 | $9.53m |
| Oct 26, 2026 | $9.46m |
| Oct 27, 2026 | $9.4m |
| Oct 28, 2026 | $9.47m |
| Oct 29, 2026 | $9.51m |
| Oct 30, 2026 | $9.1m |
| Oct 31, 2026 | $9.15m |
| Nov 1, 2026 | $9.16m |
| Nov 2, 2026 | $9.21m |
| Nov 3, 2026 | $9.06m |
| Nov 4, 2026 | $9.17m |
| Nov 5, 2026 | $9.46m |
| Nov 6, 2026 | $8.97m |
| Nov 7, 2026 | $8.98m |
| Nov 8, 2026 | $8.96m |
| Nov 9, 2026 | $8.83m |
| Nov 10, 2026 | $8.87m |
| Nov 11, 2026 | $8.71m |
| Nov 12, 2026 | $8.73m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| 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 31, 2026 | $9.15m |
| Nov 12, 2026 (latest) | $8.73m |
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, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| 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 | $7,410 | $2,224 | $0 |
| Nov 2026 (to date) | $3,645 | $1,094 | $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 Nov 12, 2026, MUX Perps has $8.53m in total value locked. TVL has decreased 11.6% 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 89.7%.
How much has MUX Perps generated in fees and revenue?
Over the past 30 days, MUX Perps generated $9,601 in fees. Of that, $2,881 was protocol revenue. Based on the trailing year, the annualized rate is $151,020 in fees and $45,293 in revenue.
How does MUX Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, MUX Perps ranks #19 by TVL. The category holds $1.775b across 425 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 $14.49m in perpetual futures volume over the past 30 days.