Contango V2

Total Value Locked$30.91m
Chain Breakdown
Ethereum$20.04m
Base$4.31m
OP Mainnet$2.96m
Arbitrum$2.86m
Avalanche$295,996
Gnosis$248,256
Polygon$65,474
Linea$61,855
BSC$55,924
Scroll$3,742
Include in TVL (optional)
$238.71m
$238.71m
$922,047
$7.52m
$2,376
USDETH

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:
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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.

Fees: Fees paid by users

TVLFees and Revenue

Competitors

RubyDex($24.13)ApeX Pro($32.65m)Orderly Perps($19.75m)Satori Perp($2.75m)LogX V2($755,246)Jupiter Perpetual Exchange($1.359b)Ethereal($885.83m)Drift Trade($718.92m)GMX V2 Perps($298.5m)dYdX V4($216.03m)