Ask about Strat Perps · freeProtocol Information
Strat is a decentralized perpetuals exchange providing full-stack onchain prop trading.
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
Strat Perps history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 2, 2026 to Oct 23, 2026.
All-time high TVL: $1.21m on Oct 1, 2026. All-time low TVL: $1.2m on Oct 12, 2026.
Daily TVL, Sep 24, 2026 to Oct 23, 2026
| Date | TVL |
|---|---|
| Sep 24, 2026 | $1.2m |
| Sep 25, 2026 | $1.2m |
| Sep 26, 2026 | $1.2m |
| Sep 27, 2026 | $1.2m |
| Sep 28, 2026 | $1.2m |
| Sep 29, 2026 | $1.2m |
| Sep 30, 2026 | $1.2m |
| Oct 1, 2026 | $1.21m |
| Oct 2, 2026 | $1.21m |
| Oct 3, 2026 | $1.2m |
| Oct 4, 2026 | $1.2m |
| Oct 5, 2026 | $1.2m |
| Oct 6, 2026 | $1.2m |
| Oct 7, 2026 | $1.2m |
| Oct 8, 2026 | $1.2m |
| Oct 9, 2026 | $1.2m |
| Oct 10, 2026 | $1.2m |
| Oct 11, 2026 | $1.2m |
| Oct 12, 2026 | $1.2m |
| Oct 13, 2026 | $1.2m |
| Oct 14, 2026 | $1.2m |
| Oct 15, 2026 | $1.2m |
| Oct 16, 2026 | $1.2m |
| Oct 17, 2026 | $1.2m |
| Oct 18, 2026 | $1.2m |
| Oct 19, 2026 | $1.2m |
| Oct 20, 2026 | $1.2m |
| Oct 21, 2026 | $1.2m |
| Oct 22, 2026 | $1.21m |
| Oct 23, 2026 | $1.21m |
TVL at each month end, Sep 2026 to Oct 2026
| Date | TVL |
|---|---|
| Sep 30, 2026 | $1.2m |
| Oct 23, 2026 (latest) | $1.21m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/strat-perps
Frequently asked questions
What is Strat Perps' TVL?
As of Oct 23, 2026, Strat Perps has $1.21m in total value locked. TVL has increased 0.3% over the past 30 days.
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 #51 by TVL. The category holds $1.962b across 425 protocols, and Strat Perps accounts for 0.1% of that total. Similar protocols include Jupiter Perpetual Exchange, GMX EVM, Hyperliquid HLP, Lighter Robinhood Perps, Extended Perps, Lighter LLP, dYdX V4, Arcus Perps, AZverse Perps, and Papertrade.