Total Value Locked$542,695.16
TVL by Chain
Arbitrum$286,271.34
BSC$147,308.23
Ethereum$91,969.99
Base$14,818.27
Polygon$1,186.9
OP Mainnet$883.92
ZKsync Era$256.52
Key Metrics
Fees 30d$67,917
Fees 30d by chain
Off Chain$67,917
Fees 7d$7,978
Off Chain$7,978
Fees 24h$1,059
Off Chain$1,059
Cumulative Fees$5.64m
Off Chain$5.64m
Revenue 30d$0
Revenue 30d by chain
Off Chain$0
Revenue 7d$0
Off Chain$0
Revenue 24h$0
Off Chain$0
Cumulative Revenue$0
Off Chain$0
Perp Volume 30d$2.884b
Perp Volume 30d by chain
Off Chain$2.884b
Perp Volume 7d$503.49m
Off Chain$503.49m
Perp Volume 24h$114.46m
Off Chain$114.46m
Cumulative Perp Volume$18.864b
Off Chain$16.442b
Base$2.422b
$92.26m
Total Raised$5m
Jan 29, 2023Round: SeedInvestors: Jane Street, QCP Capital, Big Brain Holdings, AscendEX, Builder Capital, Infinity Ventures Crypto, Robert Chen, Pear VC, Cogitent Ventures, Moonshot Research, Fugazi Labs
Mar 11, 2025$5mRound: Investors: Jane Street, Selini Capital, Amber Group, QCP Capital, Big Brain Holdings, Mozaik Capital
Protocol Information
Vest Exchange is a next generation Perps DEX that ensures the most capital efficient liquidity, and fairest pricing for traders and LPs.
Audits:
Methodology
TVL: Total USDC locked in the Vest Exchange.View code on GitHubFees: Trading Fees paid by perp market tradersView code on GitHubRevenue: No RevenueView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What is Vest Markets' TVL?
Vest Markets currently has $542,695.16 in total value locked. TVL has increased 211.1% over the past 30 days.
What chains does Vest Markets operate on?
Vest Markets operates on 8 chains: Arbitrum, BSC, Ethereum, Base, and Polygon and 3 others. Arbitrum holds the largest share at 52.7%.
How much has Vest Markets generated in fees and revenue?
Over the past 30 days, Vest Markets generated $67,917 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $3.9m in fees.
How does Vest Markets' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Vest Markets ranks #66 by TVL. The category holds $2.055b across 424 protocols, and Vest Markets accounts for <0.1% of that total. Other leading protocols include Contango V2, Lynx, RubyDex, ApeX Pro, UniDex Perp, Defx, Satori Perp, Derive V2, Apex Omni, and Aevo Perps.
How much perpetual futures volume does Vest Markets process?
Vest Markets processed $2.884b in perpetual futures volume over the past 30 days.

