Ask about Fermi Trade
Logo of Fermi TradeFermi Trade

Key Metrics

Perp Volume 30d$0
Perp Volume 30d by chain

Solana$0

Perp Volume 7d$0

Solana$0

Cumulative Perp Volume$49.04m

Solana$49.04m

Total Raised$1.2m

May 21, 2025$1.2mRound: Pre-SeedInvestors: Big Brain Holdings, Equilibrium co

Protocol Information

Fermi Trade is a fully onchain orderbook perps DEX on solana, offering low latency (<20ms) and deterministic FCFS execution

WebsiteX/Twitter
Category:Derivatives

Methodology

Perp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Competitors

Jupiter Perpetual Exchange ($739.24m)GMTrade ($28.25m)Pacifica Perps ($24.77m)BULK ($8.67m)TurboFlow Perps ($6.25m)Bumpin Trade ($4.27m)Parcl V3 ($1.09m)Wasabi Perps ($648,099.7)Drift Trade ($642,483.73)Lavarage ($634,618.42)

Frequently Asked Questions

What chains does Fermi Trade operate on?

Fermi Trade operates on Solana.

How does Fermi Trade's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Fermi Trade ranks #408 by TVL. The category holds $2.039b across 422 protocols, and Fermi Trade accounts for 0% of that total. Other leading protocols include Jupiter Perpetual Exchange, GMTrade, Pacifica Perps, BULK, TurboFlow Perps, Bumpin Trade, Parcl V3, Wasabi Perps, Drift Trade, and Lavarage.

How much perpetual futures volume does Fermi Trade process?

Fermi Trade processed $0 in perpetual futures volume over the past 30 days.