Ask about ZO · freeTotal Value Locked$727,232
TVL by Chain
Sui$727,232
Key Metrics
Fees 30d$7,877
Fees 30d by chain
Sui$7,877
Fees 7d$311.58
Sui$311.58
Fees 24h$39
Sui$39
Cumulative Fees$2.26m
Sui$2.26m
Revenue 30d$1,441
Revenue 30d by chain
Sui$1,441
Revenue 7d$68.07
Sui$68.07
Revenue 24h$9.84
Sui$9.84
Cumulative Revenue$508,578
Sui$508,578
Perp Volume 30d$21.39m
Perp Volume 30d by chain
Sui$21.39m
Perp Volume 7d$1.07m
Sui$1.07m
Perp Volume 24h$283,496
Sui$283,496
Cumulative Perp Volume$2.787b
Sui$2.787b
Open Interest$52,412
Protocol Information
ZO is the first intelligent perpetual protocol built on Sui that offers you agent enhanced and automated perpetual trading experience
- Sudo PerpsDerivatives
- ZO PerpsDerivatives
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees: 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 exchange
ZO history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 19, 2024 to Nov 10, 2026.
All-time high TVL: $14.37m on Oct 7, 2025. All-time low TVL: $183,843 on Aug 6, 2024.
Daily TVL, Oct 12, 2026 to Nov 10, 2026
| Date | TVL |
|---|---|
| Oct 12, 2026 | $1.01m |
| Oct 13, 2026 | $919,806 |
| Oct 14, 2026 | $932,420 |
| Oct 15, 2026 | $911,963 |
| Oct 16, 2026 | $917,590 |
| Oct 17, 2026 | $906,493 |
| Oct 18, 2026 | $872,952 |
| Oct 19, 2026 | $884,625 |
| Oct 20, 2026 | $877,611 |
| Oct 21, 2026 | $889,338 |
| Oct 22, 2026 | $887,807 |
| Oct 23, 2026 | $853,742 |
| Oct 24, 2026 | $840,257 |
| Oct 25, 2026 | $833,133 |
| Oct 26, 2026 | $823,573 |
| Oct 27, 2026 | $823,530 |
| Oct 28, 2026 | $831,831 |
| Oct 29, 2026 | $833,356 |
| Oct 30, 2026 | $771,151 |
| Oct 31, 2026 | $807,961 |
| Nov 1, 2026 | $802,172 |
| Nov 2, 2026 | $800,157 |
| Nov 3, 2026 | $788,105 |
| Nov 4, 2026 | $791,221 |
| Nov 5, 2026 | $816,646 |
| Nov 6, 2026 | $773,669 |
| Nov 7, 2026 | $787,409 |
| Nov 8, 2026 | $780,202 |
| Nov 9, 2026 | $766,566 |
| Nov 10, 2026 | $772,931 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $494,674 |
| Jan 31, 2025 | $662,022 |
| Feb 28, 2025 | $655,883 |
| Mar 31, 2025 | $567,363 |
| Apr 30, 2025 | $1.54m |
| May 31, 2025 | $1.34m |
| Jun 30, 2025 | $1.33m |
| Jul 31, 2025 | $1.68m |
| Aug 31, 2025 | $1.6m |
| Sep 30, 2025 | $13.17m |
| Oct 31, 2025 | $1.11m |
| Nov 30, 2025 | $1.04m |
| Dec 31, 2025 | $1.33m |
| Jan 31, 2026 | $1.35m |
| Feb 28, 2026 | $2.8m |
| Mar 31, 2026 | $5.52m |
| Apr 30, 2026 | $7.37m |
| May 31, 2026 | $7.6m |
| Jun 30, 2026 | $5.51m |
| Jul 31, 2026 | $3.42m |
| Aug 31, 2026 | $3.11m |
| Sep 30, 2026 | $2.77m |
| Oct 31, 2026 | $807,961 |
| Nov 10, 2026 (latest) | $772,931 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $494,674 |
| Dec 31, 2025 | $1.33m |
Fees and revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Dec 2024 | $101,938 | $25,456 |
| Jan 2025 | $91,126 | $22,709 |
| Feb 2025 | $94,702 | $23,428 |
| Mar 2025 | $83,131 | $20,761 |
| Apr 2025 | $42,321 | $12,944 |
| May 2025 | $70,592 | $19,344 |
| Jun 2025 | $76,575 | $20,156 |
| Jul 2025 | $291,925 | $61,046 |
| Aug 2025 | $256,646 | $67,267 |
| Sep 2025 | $142,728 | $34,392 |
| Oct 2025 | $221,265 | $56,350 |
| Nov 2025 | $40,116 | $10,836 |
| Dec 2025 | $20,463 | $4,522 |
| Jan 2026 | $37,621 | $8,273 |
| Feb 2026 | $16,477 | $3,803 |
| Mar 2026 | $31,656 | $6,640 |
| Apr 2026 | $28,374 | $3,380 |
| May 2026 | $12,787 | $2,898 |
| Jun 2026 | $11,122 | $2,743 |
| Jul 2026 | $12,822 | $3,138 |
| Aug 2026 | $13,994 | $3,010 |
| Sep 2026 | $187,787 | $3,002 |
| Oct 2026 | $10,284 | $1,854 |
| Nov 2026 (to date) | $436.58 | $94.07 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/zo
Frequently asked questions
What is ZO's TVL?
As of Nov 10, 2026, ZO has $727,232 in total value locked. TVL has decreased 24.2% over the past 30 days.
How much has ZO generated in fees and revenue?
Over the past 30 days, ZO generated $7,877 in fees. Of that, $1,441 was protocol revenue. Based on the trailing year, the annualized rate is $407,705 in fees and $49,685 in revenue.
How does ZO's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, ZO ranks #53 by TVL. The category holds $1.8b across 421 protocols, and ZO accounts for <0.1% of that total. Similar protocols include DipCoin Perps, Bluefin Pro, WaterX, Astros Perp, Typus Perp, ABEx Finance, Bluefin Legacy, Jupiter Perpetual Exchange, GMX EVM, and Hyperliquid HLP.
How much perpetual futures volume does ZO process?
ZO processed $21.39m in perpetual futures volume over the past 30 days.