Contango V2 (TANGO)
Total Value Locked$138.56m
TVL by Chain
borrowed$122.71m
Ethereum$10.6m
Base$1.84m
Arbitrum$1.53m
OP Mainnet$1.13m
Avalanche$454,798
Gnosis$207,175
Polygon$51,230
Linea$17,153
BSC$11,553
Scroll$2,726
Key Metrics
Fees (Annualized)$178,681
Fees 30d$14,646
Fees 7d$1,977
Fees 24h$50
Cumulative Fees$1.32m
Revenue (Annualized)$178,681
Revenue 30d$14,646
Revenue 7d$1,977
Revenue 24h$50
Cumulative Revenue$1.3m
Holders Revenue (Annualized)$178,681
Holders Revenue 30d$14,646
Holders Revenue 7d$1,977
Holders Revenue 24h$50
Cumulative Holders Revenue$1.3m
Perp Volume 30d$0
Perp Volume 7d$0
Perp Volume 24h$0
Cumulative Perp Volume$4.494b
Open Interest$0
Borrowed$122.71m
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: Trading fees include 0.05% for correlated pairs and 0.25% for non-correlated pairs, plus automation fees for TP/SL orders and flash loan fees.View code on GitHubRevenue: Revenue consists of the service fees collected from trades on both correlated and non-correlated pairs.View code on GitHubHolders Revenue: Holders revenue represents 100% of the trading fees which are distributed to stakers.View code on GitHubPerp Volume: Notional volume of all trades in the protocol, includes leverageView code on GitHubIncome Statement for Contango V2
| Q1 2026* | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | |
|---|---|---|---|---|---|---|
| Fees | $21,560 | $106,985 | $230,342 | $237,045 | $426,154 | $299,538 |
| Revenue | $21,560 | $106,985 | $230,342 | $237,045 | $403,954 | $299,538 |
| Earnings | $21,560 | $106,985 | $230,342 | $237,045 | $403,954 | $299,538 |
| Token Holder Net Income | $21,560 | $106,985 | $230,342 | $237,045 | $403,954 | $299,538 |