InformationTVLFees and RevenuePerp Volume

Adrena Protocol (ADX)

Total Value Locked$15.15m

TVL by Chain

Solana$15.15m

Key Metrics

Fees (Annualized)$7.55m

Fees 30d$619,025

Fees 7d$176,618

Fees 24h$27,082

Cumulative Fees$6.85m

Revenue (Annualized)$2.27m

Revenue 30d$185,705

Revenue 7d$52,986

Revenue 24h$8,125

Cumulative Revenue$2.05m

Holders Revenue (Annualized)$2.27m

Holders Revenue 30d$185,705

Holders Revenue 7d$52,986

Holders Revenue 24h$8,125

Cumulative Holders Revenue$1.88m

Perp Volume 30d$288.8m

Perp Volume 7d$76.04m

Perp Volume 24h$7.32m

Cumulative Perp Volume$6.258b

Market Cap$5.67m

$ADX Price$0.018

All Time High$0.23

All Time Low$0.012

Fully Diluted Valuation$5.8m

$ADX Volume 24h$72,165

CEX Volume-

DEX Volume$72,490(100.45% of total)

Staked$4.82m(85.01% of mcap)

Protocol Information

Solana Perps DEX. 100x Leverage. 0% Slippage. 100% Rev Share. Open Source. Community Owned.

Category:Derivatives

Audits:

WebsiteGitHubTwitter

Methodology

TVL: TVL counts tokens deposited in the Liquidity Pool.View code on GitHubFees: All fees accrued by liquidity pools.View code on GitHubRevenue: 20% to gov token holder, 10% to buyback gov token, 0% to protocol.View code on GitHubHolders Revenue: Fees going to governance token holdersView code on GitHubPerp Volume: Notional volume of all trades in the protocol, includes leverageView code on GitHub

Competitors

Jupiter Perpetual Exchange ($1.806b)Drift Trade ($806.33m)GMX V2 Perps ($463.03m)LuckyFuture ($50.36m)Aster Perps ($49.93m)Orderly Perps ($31.26m)Wasabi ($22.99m)FlashTrade ($14.64m)Parcl V3 ($8.35m)Zeta ($4.52m)

Income Statement for Adrena Protocol

Q3 2025*Q2 2025Q1 2025Q4 2024
Fees$595,480$2.63m$1.66m$1.38m
Revenue$178,642$788,037$496,630$413,791
Earnings$178,642$788,037$496,630$413,791
Token Holder Net Income$178,642$788,037$496,630$413,791