InformationTVLFees and RevenuePerp Volume

Vest Markets

Total Value Locked$7.12m

TVL by Chain

Arbitrum$4.16m

Base$1.1m

BSC$1.03m

Ethereum$354,387

OP Mainnet$222,713

Polygon$220,267

ZKsync Era$22,490

Key Metrics

Fees (Annualized)$2.67m

Fees 30d$218,834

Fees 7d$47,055

Fees 24h$5,999

Cumulative Fees$5.08m

Revenue (Annualized)$0

Revenue 30d$0

Revenue 7d$0

Revenue 24h$0

Cumulative Revenue$0

Perp Volume 30d$1.385b

Perp Volume 7d$431.07m

Perp Volume 24h$12.38m

Cumulative Perp Volume$5.966b

Open Interest$29.67m

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 ($24.11)Toros ($15.37m)Defx ($1.99m)ApeX Pro ($1.44m)GMX V2 Perps ($400.64m)Extended ($169.79m)Avantis ($103.04m)Derive V2 ($76.29m)Ostium ($62.85m)

Income Statement for Vest Markets

Q1 2026*Q4 2025Q3 2025
Fees$60,261$2.24m$2.77m
Revenue$0$0$0
Earnings$0$0$0