Total Value Locked$190,752.15
TVL by Chain
Ethereum$96,245.16
BSC$83,400.76
Base$6,535.94
Arbitrum$2,242.68
Polygon$1,187.03
OP Mainnet$884.01
ZKsync Era$256.55
Key Metrics
Fees 30d$63,516
Fees 30d by chain
Off Chain$63,516
Fees 7d$21,799
Off Chain$21,799
Fees 24h$251
Off Chain$251
Cumulative Fees$5.63m
Off Chain$5.63m
Revenue 30d$0
Revenue 30d by chain
Off Chain$0
Revenue 7d$0
Off Chain$0
Revenue 24h$0
Off Chain$0
Cumulative Revenue$0
Off Chain$0
Perp Volume 30d$2.89b
Perp Volume 30d by chain
Off Chain$2.89b
Perp Volume 7d$524.39m
Off Chain$524.39m
Perp Volume 24h$2.66m
Off Chain$2.66m
Cumulative Perp Volume$18.214b
Off Chain$15.792b
Base$2.422b
$92.41m
Total Raised$5m
Jan 29, 2023Round: SeedInvestors: Jane Street, QCP Capital, Big Brain Holdings, AscendEX, Builder Capital, Infinity Ventures Crypto, Robert Chen, Pear VC, Cogitent Ventures, Moonshot Research, Fugazi Labs
Mar 11, 2025$5mRound: Investors: Jane Street, Selini Capital, Amber Group, QCP Capital, Big Brain Holdings, Mozaik Capital
Protocol Information
Vest Exchange is a next generation Perps DEX that ensures the most capital efficient liquidity, and fairest pricing for traders and LPs.
Audits:
Methodology
TVL: Total USDC locked in the Vest Exchange.View code on GitHubFees: Trading Fees paid by perp market tradersView code on GitHubRevenue: No RevenueView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What is Vest Markets' TVL?
Vest Markets currently has $190,752.15 in total value locked. TVL has increased 43.1% over the past 30 days.
What chains does Vest Markets operate on?
Vest Markets operates on 7 chains: Ethereum, Arbitrum, Polygon, OP Mainnet, and Base and 2 others. Ethereum holds the largest share at 50.5%.
How much has Vest Markets generated in fees and revenue?
Over the past 30 days, Vest Markets generated $63,516 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $4.57m in fees.
How does Vest Markets' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Vest Markets ranks #90 by TVL. The category holds $2.069b across 420 protocols, and Vest Markets accounts for <0.1% of that total. Other leading protocols include Contango V2, Lynx, RubyDex, ApeX Pro, UniDex Perp, Defx, Satori Perp, Derive V2, Apex Omni, and Aevo Perps.
How much perpetual futures volume does Vest Markets process?
Vest Markets processed $2.89b in perpetual futures volume over the past 30 days.

