Contango V2

Total Value Locked$48.86m
Chain Breakdown
Ethereum$29.94m
Base$7.49m
Arbitrum$5.13m
OP Mainnet$5.11m
Gnosis$647,734
Avalanche$253,487
Polygon$108,387
Linea$107,662
Scroll$62,823
BSC$12,042
Include in TVL (optional)
$379.33m
$379.33m
$8.61m
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.

TVLPerps Volume

Competitors

Synthetix V3($99.15m)Derive V2($96.8m)Aevo Perps($44.54m)dYdX V3($41.08m)Paradex($40.62m)Jupiter Perpetual Exchange($1.787b)Drift Trade($889.45m)Hyperliquid HLP($519.39m)GMX V2 Perps($395.38m)dYdX V4($305.18m)