Mars Perps (MARS)
Total Value Locked$290,570
TVL by Chain
Neutron$290,570
Key Metrics
Fees (Annualized)$19,605
Fees 30d$1,607
Fees 7d$267
Fees 24h$20
Cumulative Fees$228,371
Revenue (Annualized)$4,904
Revenue 30d$402
Revenue 7d$68
Revenue 24h$5
Cumulative Revenue$57,089
Perp Volume 30d$1.65m
Perp Volume 7d$189,514
Perp Volume 24h$24,578
Cumulative Perp Volume$63.57m
Open Interest$226,522
Protocol Information
Mars is a multichain credit protocol enabling borrowing and lending primitives in the Cosmos. With Mars v2, the protocol introduced Rover credit accounts to Osmosis. Much like Binance subaccounts, credit accounts act as transferrable NFT containers where users can deposit assets, and use them as collateral for borrowing, spot or margin trading, leveraged yield farming, and hedging — all with a single liquidation point
Category:Derivatives
Methodology
TVL: For each chain, sum token balances by querying the total deposit amount for each asset in the chain's params contract.View code on GitHubFees: Fees are the sum of the trading fees of all perpetual trades settled on the protocol that day.View code on GitHubRevenue: Treasury and token holders revenueView code on GitHubPerp Volume: Notional volume of all trades in the protocol, includes leverageView code on GitHubIncome Statement for Mars Perps
| Q4 2025* | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | |
|---|---|---|---|---|---|
| Fees | $11,265 | $18,090 | $24,359 | $123,184 | $51,473 |
| Revenue | $2,819 | $4,521 | $6,091 | $30,791 | $12,867 |
| Earnings | $2,819 | $4,521 | $6,091 | $30,791 | $12,867 |