Ask about Decibel
Key Metrics
Fees 30d$452,177
Fees 30d by chain
Aptos$452,177
Fees 7d$101,140
Aptos$101,140
Fees 24h$30,771
Aptos$30,771
Cumulative Fees$2.74m
Aptos$2.74m
Revenue 30d$452,177
Revenue 30d by chain
Aptos$452,177
Revenue 7d$101,140
Aptos$101,140
Revenue 24h$30,771
Aptos$30,771
Cumulative Revenue$2.74m
Aptos$2.74m
Perp Volume 30d$1.073b
Perp Volume 30d by chain
Aptos$1.073b
Perp Volume 7d$226.05m
Aptos$226.05m
Perp Volume 24h$65.54m
Aptos$65.54m
Cumulative Perp Volume$6.838b
Aptos$6.838b
$4.67m
Protocol Information
Decibel is a composable, onchain trading engine for spot, perps, and yield opportunities.
Methodology
TVL: TVL is the total USDC collateral in the Decibel perp engine plus USDC in the predeposit vault.View code on GitHubFees: Trading fees charged on every fill. Takers always pay, between 0.034% and 0.018% depending on their 30-day volume, and makers pay between 0.011% and 0% until they reach the top volume tiers. Also includes USDC and USDCbl paid into Decibel's fee treasury from outside the exchange.View code on GitHubRevenue: Everything Decibel charges, minus any maker rebates it nets out, plus the treasury deposits.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What is Decibel's TVL?
Decibel currently has $29.53m in total value locked. TVL has decreased 0.5% over the past 30 days.
What chains does Decibel operate on?
Decibel operates on Aptos. Aptos holds the largest share at 100%.
How much has Decibel generated in fees and revenue?
Over the past 30 days, Decibel generated $452,177 in fees. Of that, $452,177 was protocol revenue. Based on the trailing year, the annualized rate is $4.98m in fees and $4.98m in revenue.
How does Decibel's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Decibel ranks #11 by TVL. The category holds $2.075b across 424 protocols, and Decibel accounts for 1.4% of that total. Other leading protocols include TsunamiX, Thetis Perps, Mirage Protocol, AGDEX, Merkle Trade, Jupiter Perpetual Exchange, GMX V2 Perps, Hyperliquid HLP, Derive V2, and Extended Perps.
How much perpetual futures volume does Decibel process?
Decibel processed $1.073b in perpetual futures volume over the past 30 days.