Key Metrics
Fees (Annualized)$494,483.75
Cumulative Fees$283,929
Soneium$283,929
Revenue (Annualized)$247,249.48
Cumulative Revenue$141,967
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.
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 GitHubCompetitors
Frequently Asked Questions
What is waveX?
Trade with high leverage, zero price impact, and access deep liquidity. Earn potential yields by simply depositing assets as a liquidity provider.
What is waveX's TVL?
waveX currently has $4,135.17 in total value locked. TVL has decreased 1% 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 #173 by TVL. The category holds $1.932b across 368 protocols, and waveX accounts for <0.1% of that total. Other leading protocols include Jupiter, Hyperliquid, and GMX.

