Logo of Pear Perps

Pear Perps(PEAR)

Key Metrics

Cumulative Fees$512,427
Cumulative Fees by chain

Arbitrum$512,427

Cumulative Revenue$512,427
Cumulative Revenue by chain

Arbitrum$512,427

Cumulative Perp Volume$743.47m
Cumulative Perp Volume by chain

Arbitrum$743.47m

Protocol Information

Pear Protocol is a decentralized trading platform that streamlines pair-trading of cryptocurrencies by enabling simultaneous leveraged long and short positions in a single on-chain transaction, integrating with multiple trading engines (e.g., GMX, Vertex, SYMM) to provide liquidity-agnostic trading

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Category:Derivatives

Audits:

Methodology

Fees: Trading fees paid by users on Pear's legacy Arbitrum engine. After 2026-05-27, Hyperliquid and Lighter fees are tracked by pear-interface.View code on GitHubRevenue: All fees are retained by Pear, split between the protocol treasury and token holders, so revenue equals fees.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Competitors

GMX V2 Perps ($210.57m)AZverse Perps ($52.01m)Apex Omni ($31.13m)Aevo Perps ($15.23m)Contango V2 ($12.28m)MUX Perps ($9.81m)Antarctic ($8.73m)Gains Network ($8.49m)Ostium ($4.28m)Evedex ($3.72m)

Frequently Asked Questions

What chains does Pear Perps operate on?

Pear Perps operates on Arbitrum.

How does Pear Perps' TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Pear Perps ranks #342 by TVL. The category holds $2.022b across 420 protocols, and Pear Perps accounts for 0% of that total. Other leading protocols include GMX V2 Perps, AZverse Perps, Apex Omni, Aevo Perps, Contango V2, MUX Perps, Antarctic, Gains Network, Ostium, and Evedex.