Ask about waveX

Logo of waveXwaveX

Total Value Locked$2,354

TVL by Chain

Soneium$2,354

Key Metrics

Cumulative Fees$283,929
Cumulative Fees by chain

Soneium$283,929

Cumulative Revenue$141,967
Cumulative Revenue by chain

Soneium$141,967

Cumulative DEX Volume$26.92m
Cumulative DEX Volume by chain

Soneium$26.92m

Cumulative Perp Volume$448.64m
Cumulative Perp Volume by chain

Soneium$448.64m

Protocol Information

Trade with high leverage, zero price impact, and access deep liquidity. Earn potential yields by simply depositing assets as a liquidity provider.

WebsiteX/Twitter
Category:Derivatives

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees from open/close position (0.1%), swap (stableSwapFee: 0% - 0.06%, swapFee: 0% - 0.85%), deposit and withdraw (based on the total asset amount in the LP pool) and borrow fee ((assets borrowed)/(total assets in pool)*0.01%)View code on GitHubRevenue: Treasury and token holders revenueView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Competitors

SoneFi Perp ($0.0025)Jupiter Perpetual Exchange ($816.52m)GMX V2 Perps ($208.99m)Derive V2 ($186.82m)Hyperliquid HLP ($183.48m)Extended Perps ($116.85m)Lighter Robinhood Perps ($107.12m)dYdX V4 ($72.94m)AZverse Perps ($52m)dYdX V3 ($38.94m)

Frequently Asked Questions

What is waveX's TVL?

waveX currently has $2,354 in total value locked. TVL has increased 22.7% over the past 30 days.

What chains does waveX operate on?

waveX operates on Soneium. Soneium holds the largest share at 100%.

How does waveX's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, waveX ranks #191 by TVL. The category holds $2.182b across 420 protocols, and waveX accounts for <0.1% of that total. Other leading protocols include SoneFi Perp, Jupiter Perpetual Exchange, GMX V2 Perps, Derive V2, Hyperliquid HLP, Extended Perps, Lighter Robinhood Perps, dYdX V4, AZverse Perps, and dYdX V3.