Ask about ZO · freeTotal Value Locked$876,244
TVL by Chain
Sui$876,244
Key Metrics
Fees 30d$189,339
Fees 30d by chain
Sui$189,339
Fees 7d$2,417
Sui$2,417
Fees 24h$244.43
Sui$244.43
Cumulative Fees$2.26m
Sui$2.26m
Revenue 30d$3,086
Revenue 30d by chain
Sui$3,086
Revenue 7d$466.74
Sui$466.74
Revenue 24h$51.30
Sui$51.30
Cumulative Revenue$507,700
Sui$507,700
Perp Volume 30d$46.53m
Perp Volume 30d by chain
Sui$46.53m
Perp Volume 7d$5.89m
Sui$5.89m
Perp Volume 24h$649,530
Sui$649,530
Cumulative Perp Volume$2.772b
Sui$2.772b
Open Interest$71,218
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
Competitors
ZO history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 19, 2024 to Oct 19, 2026.
All-time high TVL: $14.37m on Oct 7, 2025. All-time low TVL: $183,843 on Aug 6, 2024.
Daily TVL, Sep 20, 2026 to Oct 19, 2026
| Date | TVL |
|---|---|
| Sep 20, 2026 | $2.59m |
| Sep 21, 2026 | $2.67m |
| Sep 22, 2026 | $3.08m |
| Sep 23, 2026 | $2.71m |
| Sep 24, 2026 | $2.54m |
| Sep 25, 2026 | $2.68m |
| Sep 26, 2026 | $3.11m |
| Sep 27, 2026 | $3.04m |
| Sep 28, 2026 | $3.13m |
| Sep 29, 2026 | $2.79m |
| Sep 30, 2026 | $2.77m |
| Oct 1, 2026 | $1.05m |
| Oct 2, 2026 | $1.05m |
| Oct 3, 2026 | $1.02m |
| Oct 4, 2026 | $1.05m |
| Oct 5, 2026 | $1.07m |
| Oct 6, 2026 | $1.08m |
| Oct 7, 2026 | $1.05m |
| Oct 8, 2026 | $1.02m |
| Oct 9, 2026 | $960,513 |
| Oct 10, 2026 | $976,157 |
| Oct 11, 2026 | $959,825 |
| 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 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $553,124 |
| 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 19, 2026 (latest) | $884,625 |
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, Nov 2024 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Nov 2024 | $82,704 | $20,559 |
| 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 (to date) | $5,753 | $1,071 |
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 Oct 19, 2026, ZO has $876,244 in total value locked. TVL has decreased 64.7% over the past 30 days.
How much has ZO generated in fees and revenue?
Over the past 30 days, ZO generated $189,339 in fees. Of that, $3,086 was protocol revenue. Based on the trailing year, the annualized rate is $494,302 in fees and $72,406 in revenue.
How does ZO's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, ZO ranks #54 by TVL. The category holds $1.962b across 422 protocols, and ZO accounts for <0.1% of that total. Other leading 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 $46.53m in perpetual futures volume over the past 30 days.