Protocol Information
Strat is a decentralized perpetuals exchange providing full-stack onchain prop trading.
Category:Derivatives
Methodology
TVL: TVL is the iUSD held by Strat's standard and Prop liquidity vaults, active funded-account subaccounts, and shared trading collateral store, minus accrued withdrawable protocol fees. The trading-store balance captures collateral locked in pending orders and open positions. Assessment-only viUSD, position notional, unrealized PnL, protocol-owned balances, and wrapper claims such as Cabal xSLP are excluded.View code on GitHubCompetitors
Frequently Asked Questions
What is Strat Perps' TVL?
Strat Perps currently has $1.21m in total value locked.
What chains does Strat Perps operate on?
Strat Perps operates on Strat. Strat holds the largest share at 100%.
How does Strat Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Strat Perps ranks #53 by TVL. The category holds $2.059b across 420 protocols, and Strat Perps accounts for 0.1% of that total. Other leading protocols include Jupiter Perpetual Exchange, GMX V2 Perps, Hyperliquid HLP, Derive V2, Extended Perps, dYdX V4, Lighter Robinhood Perps, AZverse Perps, dYdX V3, and Apex Omni.