waveX

Total Value Locked$583,865
Chain Breakdown
Soneium$583,865
$29,481
$143,124
$296,021
$147,998
USDETH

Protocol Information

Trade with high leverage, zero price impact, and access deep liquidity. Earn potential yields by simply depositing assets as a liquidity provider.

Category:Derivatives

Forked from:GMX V2

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Methodology

Fees: Fees from open/close position (0.01%), swap (stableSwapFee: 0% - 0.06%, swapFee: 0% - 0.85%), deposit and withdraw (based on the total asset amount in the LP pool) and borrow fee ((assets borrowed)/(total assets in pool)*0.01%)

Revenue: Treasury and token holders revenue

TVLFees and Revenue

Competitors

SoneFi Perp($574,523)Jupiter Perpetual Exchange($1.571b)Ethereal($1.083b)Drift Trade($782.82m)GMX V2 Perps($321.15m)Hyperliquid HLP($216.28m)dYdX V4($209.69m)Synthetix V3($80.27m)Lighter V2($76.43m)Derive V2($72.89m)