Contango V2 (TANGO)
Total Value Locked$142.64m
TVL by Chain
borrowed$126.29m
Ethereum$10.85m
Base$1.72m
Arbitrum$1.71m
OP Mainnet$1.24m
Avalanche$524,840
Gnosis$208,662
Polygon$53,673
Linea$17,305
BSC$11,741
Scroll$2,468
Key Metrics
Fees (Annualized)$488,085
Fees 30d$40,007
Fees 7d$6,237
Fees 24h$541
Cumulative Fees$1.28m
Revenue (Annualized)$488,085
Revenue 30d$40,007
Revenue 7d$6,237
Revenue 24h$541
Cumulative Revenue$1.26m
Holders Revenue (Annualized)$488,085
Holders Revenue 30d$40,007
Holders Revenue 7d$6,237
Holders Revenue 24h$541
Cumulative Holders Revenue$1.26m
Perp Volume 30d$154.65m
Perp Volume 7d$4.31m
Perp Volume 24h$347,081
Cumulative Perp Volume$4.484b
Open Interest$143.6m
Borrowed$126.29m
Protocol Information
Contango lets you loop anything on-chain. You can create leverage (re)staking positions, arb rates differentials, farm points, or simply go long or short like a perp at low funding
Category:Derivatives
Audits:
Methodology
TVL: Counts the tokens locked in the positions to be used as margin + user's tokens locked in the protocol's vault. Borrowed coins are discounted from the TVL, so only the position margins are counted. The reason behind this is that the protocol only added the user's margin to the underlying money market. Adding the borrowed coins to the TVL can be used as a proxy for the protocol's open interest.View code on GitHubFees: Fees paid by usersView code on GitHubRevenue: Treasury and token holders revenueView 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 GitHubIncome Statement for Contango V2
| Q4 2025* | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | |
|---|---|---|---|---|---|
| Fees | $89,095 | $230,342 | $237,045 | $426,154 | $299,538 |
| Revenue | $89,095 | $230,342 | $237,045 | $403,954 | $299,538 |
| Earnings | $89,095 | $230,342 | $237,045 | $403,954 | $299,538 |
| Token Holder Net Income | $89,095 | $230,342 | $237,045 | $403,954 | $299,538 |