Morphex V2 (MPX)
Total Value Locked$11,756
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Protocol Information
Decentralized perpetual exchange, powered by Fantom.
Category:Derivatives
Forked from:GMX V1
Methodology
TVL: Morphex liquidity is calculated by the value of tokens in the MLP pool. TVL also includes MPX staked.
Fees: Fees from open/close position (0.1%), liquidations, swap (0.2% to 0.8%), mint and burn (based on tokens balance in the pool) and borrow fee ((assets borrowed)/(total assets in pool)*0.01%)
Revenue: Governance revenue is 30% of all collected fees, which are distributed to MPX stakers