Perpsplexity
Total Value Locked$66,683
TVL by Chain
Sui$66,683
Key Metrics
Fees 30d$1,866
Fees 30d by chain
Sui$1,866
Fees 7d$418.60
Sui$418.60
Fees 24h$19.37
Sui$19.37
Cumulative Fees$4,109
Sui$4,109
Revenue 30d$326.69
Revenue 30d by chain
Sui$326.69
Revenue 7d$73.59
Sui$73.59
Revenue 24h$2.91
Sui$2.91
Cumulative Revenue$724.41
Sui$724.41
Perp Volume 30d$122,672
Perp Volume 30d by chain
Sui$122,672
Perp Volume 7d$35,360
Sui$35,360
Perp Volume 24h$3,335
Sui$3,335
Cumulative Perp Volume$1.1m
Sui$1.1m
Protocol Information
Launch a meme coin, choose its backing, and make conviction count on Sui. Perpsplexity pools back each coin with a leveraged perpetual position on Aftermath (long or short a market such as META), pay holders dividends from trading fees, and offer leveraged tokens (e.g. BTC 3x long) that mint and redeem against USDC.
Methodology
TVL: TVL is what every Perpsplexity pool and leveraged token holds, valued by its own contract through a read-only call on the latest chain state. Leveraged pools: composite_pool::observe (observe_cash while a pool rests in cash) returns quote_nav = cash in the pool + its Suilend deposit + idle margin in its Aftermath reserve account + the value of its Aftermath perp position (collateral plus unrealized PnL and funding); the treasury, unpaid holder dividends, uncollected platform and creator fees and launch escrow kept in the pool are added. Spot pools: the quote balance in the pool plus the same set-apart balances. Leveraged tokens: token::status nav (free cash plus perp position equity at the oracle price). Pool tokens themselves (the meme coins in each pool reserve) are not counted. Marked doublecounted because part of the pools' cash is lent on Suilend and also appears in Suilend's TVL. Margin posted on Aftermath Perps is not counted by any other DefiLlama adapter (the Aftermath afLP adapter counts only the afLP vault account), so it is included here.View code on GitHubFees: Trading fees paid on buys and sells of Perpsplexity pool tokens, mint and redeem fees and the yearly streaming fee of leveraged tokens, and the SUI fee paid to launch a pool.View code on GitHubRevenue: The platform share of pool trading fees (15%), leveraged token mint, redeem and streaming fees after referral payouts, and pool launch fees, all kept by the protocol.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubPerpsplexity history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 12, 2026 to Nov 14, 2026.
All-time high TVL: $69,949 on Nov 13, 2026. All-time low TVL: $69,644 on Nov 12, 2026.
Daily TVL, Nov 12, 2026 to Nov 14, 2026
| Date | TVL |
|---|---|
| Nov 12, 2026 | $69,644 |
| Nov 13, 2026 | $69,949 |
| Nov 14, 2026 | $69,884 |
TVL at each month end, Nov 2026 to Nov 2026
| Date | TVL |
|---|---|
| Nov 14, 2026 (latest) | $69,884 |
Fees and revenue by UTC calendar month, Oct 2026 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Oct 2026 | $3,354 | $598.19 |
| Nov 2026 (to date) | $774.77 | $129.13 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/perpsplexity
Frequently asked questions
What is Perpsplexity's TVL?
As of Nov 14, 2026, Perpsplexity has $66,683 in total value locked.
What chains does Perpsplexity operate on?
Perpsplexity operates on Sui. Sui holds the largest share at 100%.
How much has Perpsplexity generated in fees and revenue?
Over the past 30 days, Perpsplexity generated $1,866 in fees. Of that, $326.69 was protocol revenue. Based on the trailing year, the annualized rate is $39,472 in fees and $6,958 in revenue.
How does Perpsplexity's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Perpsplexity ranks #109 by TVL. The category holds $1.679b across 425 protocols, and Perpsplexity accounts for <0.1% of that total. Similar protocols include DipCoin Perps, Bluefin Pro, Sudo Perps, WaterX, Astros Perp, ZO Perps, Parchment, Typus Perp, ABEx Finance, and Bluefin Legacy.
How much perpetual futures volume does Perpsplexity process?
Perpsplexity processed $122,672 in perpetual futures volume over the past 30 days.