Ask about Deridex
Logo of DeridexDeridex
Total Value Locked$187.45

TVL by Chain

Algorand$187.45

Protocol Information

Deridex is a decentralized on-chain derivatives platform built on the Algorand blockchain, offering a range of leveraged financial products to users.

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Category:Derivatives

Methodology

TVL: Gathers the total USD value of all assets suppliedView code on GitHub

Competitors

Jupiter Perpetual Exchange ($729.31m)GMX V2 Perps ($201.78m)Hyperliquid HLP ($187.91m)Derive V2 ($158.45m)Extended Perps ($116.56m)Lighter Robinhood Perps ($84.38m)dYdX V4 ($69.38m)AZverse Perps ($51.86m)dYdX V3 ($38.62m)Apex Omni ($31.08m)

Frequently Asked Questions

What is Deridex's TVL?

Deridex currently has $187.45 in total value locked. TVL has increased 0.2% over the past 30 days.

What chains does Deridex operate on?

Deridex operates on Algorand. Algorand holds the largest share at 100%.

How does Deridex's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Deridex ranks #234 by TVL. The category holds $2.029b across 422 protocols, and Deridex accounts for <0.1% of that total. Other leading protocols include Jupiter Perpetual Exchange, GMX V2 Perps, Hyperliquid HLP, Derive V2, Extended Perps, Lighter Robinhood Perps, dYdX V4, AZverse Perps, dYdX V3, and Apex Omni.