Ask about GMTrade
Logo of GMTradeGMTrade
Total Value Locked$28.47m

TVL by Chain

Solana$28.47m

Key Metrics

Fees 30d$3.35m
Fees 30d by chain

Solana$3.35m

Fees 7d$909,601

Solana$909,601

Fees 24h$175,350

Solana$175,350

Cumulative Fees$18.75m

Solana$18.75m

Revenue 30d$837,410
Revenue 30d by chain

Solana$837,410

Revenue 7d$227,400

Solana$227,400

Revenue 24h$43,837

Solana$43,837

Cumulative Revenue$5.34m

Solana$5.34m

Perp Volume 30d$22.893b
Perp Volume 30d by chain

Solana$22.893b

Perp Volume 7d$6.653b

Solana$6.653b

Perp Volume 24h$1.578b

Solana$1.578b

Cumulative Perp Volume$155.478b

Solana$155.478b

$228.99m

Protocol Information

GMTrade is a perpetual DEX built on Solana that supports both crypto and RWA markets. The protocol utilizes isolated liquidity pools combined with a cross-pool coordination system that optimizes liquidity utilization. It aims to provide a seamless trading experience with fast execution and low fees while maintaining security and decentralization.

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Category:Derivatives

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Opening/closing fees for perpetual positions, swap fees, liquidation fees, and borrowing feesView code on GitHubRevenue: 25% of all collected feesView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Yields

Pools Tracked73

Average Supply APY79.02%

Competitors

Jupiter Perpetual Exchange ($743.44m)Pacifica Perps ($24.78m)BULK ($8.58m)TurboFlow Perps ($6.24m)Bumpin Trade ($4.29m)Parcl V3 ($1.09m)Wasabi Perps ($643,223.19)Drift Trade ($642,538.46)Lavarage ($638,858.25)Adrena Protocol ($300,026.56)

Frequently Asked Questions

What is GMTrade's TVL?

GMTrade currently has $28.47m in total value locked. TVL has decreased 10.8% over the past 30 days.

What chains does GMTrade operate on?

GMTrade operates on Solana. Solana holds the largest share at 100%.

How much has GMTrade generated in fees and revenue?

Over the past 30 days, GMTrade generated $3.35m in fees. Of that, $837,410 was protocol revenue. Based on the trailing year, the annualized rate is $17.38m in fees and $4.38m in revenue.

How does GMTrade's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, GMTrade ranks #12 by TVL. The category holds $2.046b across 423 protocols, and GMTrade accounts for 1.4% of that total. Other leading protocols include Jupiter Perpetual Exchange, Pacifica Perps, BULK, TurboFlow Perps, Bumpin Trade, Parcl V3, Wasabi Perps, Drift Trade, Lavarage, and Adrena Protocol.

How much perpetual futures volume does GMTrade process?

GMTrade processed $22.893b in perpetual futures volume over the past 30 days.