Ask about VS Trade

Logo of VS TradeVS Trade

Total Value Locked$51.91

TVL by Chain

Robinhood Chain$51.91

Protocol Information

VS Trade is a relative performance market protocol that allows users to bet on which stock will outperform the other.

X/Twitter
Category:Derivatives

Methodology

TVL: TVL is the USDG collateral held by every VSMarket contract created by the VS factory (minus protocol fees accrued but not yet swept to the treasury). Each market holds 1 USDG for every outstanding complete set of outcome shares, plus the AMM pool liquidity.View code on GitHub

Competitors

Lighter Robinhood Perps ($111.45m)Arcus Perps ($35.42m)Meridian Perps ($2.65m)Arcus pTokens ($959,277)Jupiter Perpetual Exchange ($806.35m)GMX V2 Perps ($212.4m)Derive V2 ($185.3m)Hyperliquid HLP ($182.97m)Extended Perps ($118.95m)dYdX V4 ($69.5m)

Frequently Asked Questions

What is VS Trade's TVL?

VS Trade currently has $51.91 in total value locked.

What chains does VS Trade operate on?

VS Trade operates on Robinhood Chain. Robinhood Chain holds the largest share at 100%.

How does VS Trade's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, VS Trade ranks #246 by TVL. The category holds $2.183b across 419 protocols, and VS Trade accounts for <0.1% of that total. Other leading protocols include Lighter Robinhood Perps, Arcus Perps, Meridian Perps, Arcus pTokens, Jupiter Perpetual Exchange, GMX V2 Perps, Derive V2, Hyperliquid HLP, Extended Perps, and dYdX V4.