Key Metrics
Fees 30d$99.13
Fees 30d by chain
Injective$99.13
Fees 7d$28.26
Injective$28.26
Fees 24h$3.07
Injective$3.07
Cumulative Fees$325.29
Injective$325.29
Revenue 30d$99.13
Revenue 30d by chain
Injective$99.13
Revenue 7d$28.26
Injective$28.26
Revenue 24h$3.07
Injective$3.07
Cumulative Revenue$325.29
Injective$325.29
Holders Revenue 30d$99.13
Holders Revenue 30d by chain
Injective$99.13
Holders Revenue 7d$28.26
Injective$28.26
Holders Revenue 24h$3.07
Injective$3.07
Cumulative Holders Revenue$325.29
Injective$325.29
DEX Volume 30d$98.92m
DEX Volume 30d by chain
Injective$98.92m
DEX Volume 7d$28.13m
Injective$28.13m
DEX Volume 24h$3.05m
Injective$3.05m
Cumulative DEX Volume$391.77m
Injective$391.77m
Protocol Information
TrueCurrent is a non-custodial perpetuals exchange on Injective, combining zero-fee RFQ trading, best-price execution, and self-custody.
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 GitHubTrueCurrent history
Fees, revenue and holders revenue by UTC calendar month, May 2026 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| May 2026 | $0.02 | $0.02 | $0.02 |
| Jul 2026 | $24.58 | $24.58 | $24.58 |
| Aug 2026 | $81.30 | $81.30 | $81.30 |
| Sep 2026 | $89.18 | $89.18 | $89.18 |
| Oct 2026 | $78.72 | $78.72 | $78.72 |
| Nov 2026 (to date) | $51.49 | $51.49 | $51.49 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/truecurrent
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 $99.13 in fees. Of that, $99.13 was protocol revenue. Based on the trailing year, the annualized rate is $1,079 in fees and $1,079 in revenue.
How does TrueCurrent's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, TrueCurrent ranks #414 by TVL. The category holds $1.753b across 425 protocols, and TrueCurrent accounts for 0% of that total. Similar protocols include Injective Perps, Levana Perps, Jupiter Perpetual Exchange, GMX EVM, Hyperliquid HLP, Lighter Robinhood Perps, Lighter LLP, Extended Perps, dYdX V4, and Arcus Perps.
How much trading volume does TrueCurrent process?
TrueCurrent processed $98.92m in DEX volume over the past 30 days.