Ask about Onchain Trade
Logo of Onchain TradeOnchain Trade(OT)
Total Value Locked$26,486.51

TVL by Chain

ZKsync Era$20,863.89

Base$5,622.62

Key Metrics

Incentives 1y$0

$0

$0

$0

$0

Total Raised$700,000

Mar 17, 2023$700,000Round: IFO

Protocol Information

Onchain Trade(OT) is a vertically integrated DeFi protocol where people can provide liquidity, swap, borrow and trading perpetuals with 0 slippage. OT designed single side AMM pools so that liquidity can be used for swap as well as borrow, allowing LPs to earn both swap fees and borrow interest, which increases capital efficiency and decreases Impermanent Loss for LPs.

Category:Derivatives

Audits:

Twitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Competitors

Vest Markets ($288,999.16)UniDex Perp ($28,424.46)JOJO ($24,291.67)Satori Perp ($8,386.59)Aboard Exchange ($121.04)Derive V2 ($114.28m)Apex Omni ($29.5m)Avantis ($21.54m)Aevo Perps ($14.7m)Gains Network ($10.96m)

Frequently Asked Questions

What is Onchain Trade?

Onchain Trade(OT) is a vertically integrated DeFi protocol where people can provide liquidity, swap, borrow and trading perpetuals with 0 slippage. OT designed single side AMM pools so that liquidity can be used for swap as well as borrow, allowing LPs to earn both swap fees and borrow interest, which increases capital efficiency and decreases Impermanent Loss for LPs.

What is Onchain Trade's TVL?

Onchain Trade currently has $26,486.51 in total value locked. TVL has increased 5.1% over the past 30 days.

What chains does Onchain Trade operate on?

Onchain Trade operates on 2 chains: Base and ZKsync Era. ZKsync Era holds the largest share at 78.8%.

How does Onchain Trade's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Onchain Trade ranks #121 by TVL. The category holds $1.894b across 369 protocols, and Onchain Trade accounts for <0.1% of that total. Other leading protocols include Jupiter, Hyperliquid, and GMX.