Mars Perps (MARS)
Total Value Locked$290,638
TVL by Chain
Neutron$290,638
Key Metrics
Fees (Annualized)$19,349
Fees 30d$1,586
Fees 7d$205
Fees 24h$20
Cumulative Fees$228,653
Revenue (Annualized)$4,831
Revenue 30d$396
Revenue 7d$50
Revenue 24h$5
Cumulative Revenue$57,158
Perp Volume 30d$1.51m
Perp Volume 7d$103,072
Perp Volume 24h$18,313
Cumulative Perp Volume$63.73m
Open Interest$95,208
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 | $11,547 | $18,090 | $24,359 | $123,184 | $51,473 |
| Revenue | $2,888 | $4,521 | $6,091 | $30,791 | $12,867 |
| Earnings | $2,888 | $4,521 | $6,091 | $30,791 | $12,867 |