Ask about TrueCurrent

Logo of TrueCurrentTrueCurrent

Key Metrics

Fees 30d$88.41
Fees 30d by chain

Injective$88.41

Fees 7d$16.11

Injective$16.11

Fees 24h$4.22

Injective$4.22

Cumulative Fees$211.17

Injective$211.17

Revenue 30d$88.41
Revenue 30d by chain

Injective$88.41

Revenue 7d$16.11

Injective$16.11

Revenue 24h$4.22

Injective$4.22

Cumulative Revenue$211.17

Injective$211.17

Holders Revenue 30d$88.41
Holders Revenue 30d by chain

Injective$88.41

Holders Revenue 7d$16.11

Injective$16.11

Holders Revenue 24h$4.22

Injective$4.22

Cumulative Holders Revenue$211.17

Injective$211.17

DEX Volume 30d$88.62m
DEX Volume 30d by chain

Injective$88.62m

DEX Volume 7d$16.07m

Injective$16.07m

DEX Volume 24h$4.25m

Injective$4.25m

Cumulative DEX Volume$277.85m

Injective$277.85m

Protocol Information

TrueCurrent is a non-custodial perpetuals exchange on Injective, combining zero-fee RFQ trading, best-price execution, and self-custody.

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Category:Derivatives

Methodology

Fees: Trading fees on Truecurrent derivative markets on Injective.View code on GitHubRevenue: 100% of Truecurrent exchange fees enter the Injective auction and are burned for INJ.View code on GitHubHolders Revenue: 100% of Truecurrent exchange fees burned for INJ via the Injective auction (benefits INJ holders).View code on GitHubDEX Volume: Notional volume of all trades on Truecurrent interface (built on Injective DEX)View code on GitHub

Competitors

Levana Perps ($16,910)Helix PerpJupiter Perpetual Exchange ($766.59m)GMX V2 Perps ($209.32m)Hyperliquid HLP ($179.72m)Extended Perps ($120.01m)Lighter Robinhood Perps ($114.09m)dYdX V4 ($70.7m)AZverse Perps ($52.03m)Arcus Perps ($46.16m)

Frequently Asked Questions

What chains does TrueCurrent operate on?

TrueCurrent operates on Injective.

How much has TrueCurrent generated in fees and revenue?

Over the past 30 days, TrueCurrent generated $88.41 in fees. Of that, $88.41 was protocol revenue. Based on the trailing year, the annualized rate is $1,056 in fees and $1,056 in revenue.

How does TrueCurrent's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, TrueCurrent ranks #407 by TVL. The category holds $2.003b across 421 protocols, and TrueCurrent accounts for 0% of that total. Other leading protocols include Levana Perps, Helix Perp, Jupiter Perpetual Exchange, GMX V2 Perps, Hyperliquid HLP, Extended Perps, Lighter Robinhood Perps, dYdX V4, AZverse Perps, and Arcus Perps.

How much trading volume does TrueCurrent process?

TrueCurrent processed $88.62m in DEX volume over the past 30 days.