Total Value Locked$888,952
TVL by Chain
Ethereum$888,952
Key Metrics
Fees 30d$7,846
Fees 30d by chain
Ethereum$7,846
Fees 7d$878
Ethereum$878
Fees 24h$166
Ethereum$166
Cumulative Fees$20,469
Ethereum$20,469
Revenue 30d$7,846
Revenue 30d by chain
Ethereum$7,846
Revenue 7d$878
Ethereum$878
Revenue 24h$166
Ethereum$166
Cumulative Revenue$20,469
Ethereum$20,469
Holders Revenue 30d$0
Holders Revenue 30d by chain
Ethereum$0
Holders Revenue 7d$0
Ethereum$0
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$0
Ethereum$0
Perp Volume 30d$85.37m
Perp Volume 30d by chain
Ethereum$85.37m
Perp Volume 7d$16m
Ethereum$16m
Perp Volume 24h$2.54m
Ethereum$2.54m
Cumulative Perp Volume$952.45m
Ethereum$952.45m
Open Interest$373,130
Protocol Information
Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. Powering the next generation of permissionless protocols.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Trading fees paid by users on Synthetix v4 perpetual futures trades.View code on GitHubRevenue: Trading fees retained by the protocol.View code on GitHubHolders Revenue: Fees going to governance token holdersView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently asked questions
What is Synthetix V4's TVL?
Synthetix V4 currently has $888,952 in total value locked. TVL has increased 5% over the past 30 days.
What chains does Synthetix V4 operate on?
Synthetix V4 operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Synthetix V4 generated in fees and revenue?
Over the past 30 days, Synthetix V4 generated $7,846 in fees. Of that, $7,846 was protocol revenue. Based on the trailing year, the annualized rate is $124,520 in fees and $124,520 in revenue.
How does Synthetix V4's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Synthetix V4 ranks #52 by TVL. The category holds $1.978b across 422 protocols, and Synthetix V4 accounts for <0.1% of that total. Other leading protocols include Extended Perps, AZverse Perps, dYdX V3, Apex Omni, Aevo Perps, Contango V2, Hakka Finance, Keep3r Network, AlphaX, and Strike Finance Perpetuals.
How much perpetual futures volume does Synthetix V4 process?
Synthetix V4 processed $85.37m in perpetual futures volume over the past 30 days.

