Logo of Vertex Perps

Vertex Perps(VRTX)

Total Value Locked$50

TVL by Chain

Arbitrum$50

Mantle$0

Sei$0

Base$0

Sonic$0

Abstract$0

Avalanche$0

Key Metrics

Cumulative Fees$30.42m
Cumulative Fees by chain

Arbitrum$21.97m

Sei$4.54m

Avalanche$1.96m

Sonic$1.18m

Mantle$749,604

Base$17,271

Abstract$2,334

Cumulative Revenue$22.64m
Cumulative Revenue by chain

Arbitrum$16.33m

Sei$3.69m

Avalanche$1.96m

Sonic$984,500

Mantle$536,811

Base$17,164

Abstract$2,334

Cumulative Perp Volume$198.171b
Cumulative Perp Volume by chain

Arbitrum$135.107b

Sei$36.862b

Avalanche$9.758b

Sonic$8.426b

Mantle$7.911b

Base$96.09m

Abstract$10.6m

Total Raised$8.5m

Apr 27, 2022$8.5mRound: SeedInvestors: Hack VC, Dexterity Capital, Collab+Currency, GSR, Huobi Ventures, HRT Ventures, Jane Street, JST Capital, Big Brain Holdings, Lunatic Capital

Jun 22, 2023Round: StrategicInvestors: Wintermute

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Protocol Information

A vertically-integrated DEX on Arbitrum featuring spot, perpetual, and integrated money markets. Universal cross-margin with lightning-fast performance. Take back control.

Category:Derivatives

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees paid by usersView code on GitHubRevenue: Treasury and token holders revenueView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

User Activity

Active Addresses (24h)0

New Addresses (24h)0

Transactions (24h)0

Gas Used (24h)0 ETH

Gas Cost (24h)$0

Competitors

Vertex Perps history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 8, 2023 to Oct 20, 2026.

All-time high TVL: $102.19m on May 27, 2024. All-time low TVL: $49 on Mar 11, 2026.

Daily TVL, Sep 21, 2026 to Oct 20, 2026

DateTVL
Sep 21, 2026$49
Sep 22, 2026$49
Sep 23, 2026$49
Sep 24, 2026$49
Sep 25, 2026$49
Sep 26, 2026$49
Sep 27, 2026$49
Sep 28, 2026$49
Sep 29, 2026$49
Sep 30, 2026$49
Oct 1, 2026$49
Oct 2, 2026$49
Oct 3, 2026$49
Oct 4, 2026$49
Oct 5, 2026$49
Oct 6, 2026$49
Oct 7, 2026$49
Oct 8, 2026$49
Oct 9, 2026$49
Oct 10, 2026$49
Oct 11, 2026$49
Oct 12, 2026$49
Oct 13, 2026$49
Oct 14, 2026$49
Oct 15, 2026$49
Oct 16, 2026$49
Oct 17, 2026$49
Oct 18, 2026$49
Oct 19, 2026$49
Oct 20, 2026$49

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$81.27m
Dec 31, 2024$81.45m
Jan 31, 2025$69.29m
Feb 28, 2025$53.15m
Mar 31, 2025$45.79m
Apr 30, 2025$54.95m
May 31, 2025$57.33m
Jun 30, 2025$58.26m
Jul 31, 2025$0
Aug 31, 2025$0
Sep 30, 2025$0
Oct 31, 2025$0
Nov 30, 2025$0
Dec 31, 2025$0
Jan 31, 2026$0
Feb 28, 2026$0
Mar 31, 2026$49
Apr 30, 2026$49
May 31, 2026$49
Jun 30, 2026$49
Jul 31, 2026$49
Aug 31, 2026$49
Sep 30, 2026$49
Oct 20, 2026 (latest)$49

TVL at each year end, Dec 31, 2023 to Dec 31, 2025

DateTVL
Dec 31, 2023$43.19m
Dec 31, 2024$81.45m
Dec 31, 2025$0

Fees and revenue by UTC calendar month, Aug 2023 to Jul 2025

MonthFeesRevenue
Aug 2023$379,072$290,307
Sep 2023$442,067$336,047
Oct 2023$593,691$455,032
Nov 2023$2.41m$1.83m
Dec 2023$3.21m$2.57m
Jan 2024$2.23m$1.7m
Feb 2024$2.31m$1.77m
Mar 2024$2.17m$1.63m
Apr 2024$1.61m$1.14m
May 2024$1.04m$778,838
Jun 2024$1.4m$1.12m
Jul 2024$1.59m$1.23m
Aug 2024$1.36m$1.05m
Sep 2024$1.18m$913,063
Oct 2024$762,510$605,751
Nov 2024$1.26m$943,291
Dec 2024$1.34m$919,680
Jan 2025$1.02m$692,373
Feb 2025$609,580$406,983
Mar 2025$963,056$596,578
Apr 2025$1.1m$700,012
May 2025$1.02m$675,217
Jun 2025$364,943$251,568
Jul 2025$48,705$35,142

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/vertex-perps

Frequently asked questions

What is Vertex Perps' TVL?

As of Oct 20, 2026, Vertex Perps has $50 in total value locked. TVL has increased 2% over the past 30 days.

What chains does Vertex Perps operate on?

Vertex Perps operates on 7 chains: Arbitrum, Mantle, Sei, Base, and Sonic and 2 others. Arbitrum holds the largest share at 100%.

How does Vertex Perps' TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Vertex Perps ranks #245 by TVL. The category holds $1.959b across 423 protocols, and Vertex Perps accounts for <0.1% of that total. Other leading protocols include LogX V2, Lynx, SYMMIO, Aboard Exchange, Apex Omni, Contango V2, ApeX Pro, RabbitX, RubyDex, and GMX EVM.