InformationTVLFees and RevenuePerp Volume

Vest Markets

Total Value Locked$4.89m

TVL by Chain

Arbitrum$2.7m

BSC$1.4m

Base$296,209

OP Mainnet$236,090

Polygon$212,479

ZKsync Era$22,483

Ethereum$18,991

Key Metrics

Fees (Annualized)$828,319

Fees 30d$67,895

Fees 7d$4,211

Fees 24h$0

Cumulative Fees$5.21m

Revenue (Annualized)$0

Revenue 30d$0

Revenue 7d$0

Revenue 24h$0

Cumulative Revenue$0

Perp Volume 30d$1.698b

Perp Volume 7d$384.47m

Perp Volume 24h$170.72m

Cumulative Perp Volume$8.29b

Open Interest$63.86m

Total Raised$5m

Jan 29, 2023Round: SeedInvestors: Jane Street, QCP Capital, Big Brain Holdings, AscendEX, Builder Capital, Infinity Ventures Crypto, Robert Chen, Pear VC, Cogitent Ventures, Moonshot Research, Fugazi LabsSource: https://twitter.com/VestExchange/status/1619492736478109696

Mar 11, 2025$5mRound: Investors: Jane Street, Selini Capital, Amber Group, QCP Capital, Big Brain Holdings, Mozaik CapitalSource: https://x.com/VestExchange/status/1899574324165750803

Protocol Information

Vest Exchange is a next generation Perps DEX that ensures the most capital efficient liquidity, and fairest pricing for traders and LPs.

Category:Derivatives

Audits:

WebsiteTwitter

Methodology

TVL: Total USDC locked in the Vest Exchange.View code on GitHubFees: Trading Fees paid by perp market tradersView code on GitHubRevenue: No RevenueView code on GitHubPerp Volume: Notional volume of all trades in the protocol, includes leverageView code on GitHub

Competitors

Contango V2 ($15.85m)RubyDex ($24.15)Toros ($7.94m)ApeX Pro ($1.43m)Satori Perp ($1.38m)GMX V2 Perps ($257.76m)Extended ($206.86m)Avantis ($90.68m)Ostium ($83.51m)Derive V2 ($69.21m)

Income Statement for Vest Markets

Q1 2026*Q4 2025Q3 2025
Fees$198,545$2.24m$2.77m
Revenue$0$0$0
Earnings$0$0$0