InformationTVLFees and RevenuePerp Volume

Vest Markets

Total Value Locked$11.19m

TVL by Chain

Arbitrum$7.86m

Base$2.02m

BSC$786,630

OP Mainnet$245,108

Polygon$228,001

Ethereum$26,639

ZKsync Era$25,664

Key Metrics

Fees (Annualized)$5.16m

Fees 30d$423,080

Fees 7d$43,839

Fees 24h$2,715

Cumulative Fees$4.81m

Revenue (Annualized)$0

Revenue 30d$0

Revenue 7d$0

Revenue 24h$0

Cumulative Revenue$0

Perp Volume 30d$1.297b

Perp Volume 7d$298.79m

Perp Volume 24h$43.73m

Cumulative Perp Volume$4.268b

Open Interest$23.22m

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 ($16.47m)RubyDex ($24.15)Toros ($10.75m)Satori Perp ($2.04m)Defx ($1.49m)GMX V2 Perps ($393.34m)Avantis ($111.87m)Extended ($99.77m)Derive V2 ($74.67m)Synthetix V3 ($72.18m)

Income Statement for Vest Markets

Q4 2025*Q3 2025
Fees$2.04m$2.77m
Revenue$0$0
Earnings$0$0