Ask about Narwhal Finance
Logo of Narwhal FinanceNarwhal Finance(NAR)
Total Value Locked$1,267.91

TVL by Chain

Arbitrum$514.9

Monad$379.99

BSC$373.01

Key Metrics

Fees (Annualized)$23.63
Cumulative Fees$9

Monad$9

Cumulative Perp Volume$2,376
Cumulative Perp Volume by chain

Monad$2,376

Total Raised

Mar 24, 2023$1mRound: SeedInvestors: Animoca Ventures, Hailstone Ventures

May 22, 2023Round: Strategic Investors: Animoca Ventures, Hailstone Ventures

Protocol Information

Leverage trading with boundless asset selection. Seamless experience for #SocialTrading. Bringing the finest trading experience to Arbitrum and BNB chain.

Category:Derivatives

Audits:

WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees include: (1) Open fees from Open events, (2) Close fees, rollover fees, and positive funding fees from Close events. All fees are in USDC.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Competitors

Apex Omni ($29.01m)MUX Perps ($8.48m)Contango V2 ($6.16m)SYMMIO ($2.76m)AlphaX ($1.82m)GMX V2 Perps ($180.67m)Derive V2 ($116.75m)Ostium ($17.62m)Aevo Perps ($14.66m)Gains Network ($10.73m)

Frequently Asked Questions

What is Narwhal Finance?

Leverage trading with boundless asset selection. Seamless experience for #SocialTrading. Bringing the finest trading experience to Arbitrum and BNB chain.

What is Narwhal Finance's TVL?

Narwhal Finance currently has $1,267.91 in total value locked. TVL has decreased <0.1% over the past 30 days.

What chains does Narwhal Finance operate on?

Narwhal Finance operates on 3 chains: BSC, Arbitrum, and Monad. Arbitrum holds the largest share at 40.6%.

How does Narwhal Finance's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Narwhal Finance ranks #190 by TVL. The category holds $1.866b across 370 protocols, and Narwhal Finance accounts for <0.1% of that total. Other leading protocols include Jupiter, Hyperliquid, and GMX.