Alpaca Perpetual Futures Exchange(ALPACA)
Total Value Locked$52,470
TVL by Chain
BSC$52,470
Key Metrics
Cumulative Fees$34,675
Cumulative Fees by chain
BSC$34,675
Cumulative Revenue$0
Cumulative Revenue by chain
BSC$0
Protocol Information
Perpetual Futures allow users to have leveraged long or short exposure on assets without an expiration date. In place of expiration, users pay ongoing fees as unrealized P/L in the positions while the positions are open.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees paid by usersView code on GitHubRevenue: Treasury and token holders revenueView code on GitHubCompetitors
Alpaca Perpetual Futures Exchange history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 10, 2023 to Oct 28, 2026.
All-time high TVL: $8.44m on May 17, 2023. All-time low TVL: $40,671 on Jul 1, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $54,613 |
| Sep 30, 2026 | $54,805 |
| Oct 1, 2026 | $54,878 |
| Oct 2, 2026 | $55,375 |
| Oct 3, 2026 | $55,246 |
| Oct 4, 2026 | $55,419 |
| Oct 5, 2026 | $56,450 |
| Oct 6, 2026 | $55,967 |
| Oct 7, 2026 | $55,677 |
| Oct 8, 2026 | $54,256 |
| Oct 9, 2026 | $53,063 |
| Oct 10, 2026 | $53,497 |
| Oct 11, 2026 | $53,648 |
| Oct 12, 2026 | $54,018 |
| Oct 13, 2026 | $53,200 |
| Oct 14, 2026 | $53,740 |
| Oct 15, 2026 | $52,859 |
| Oct 16, 2026 | $52,981 |
| Oct 17, 2026 | $52,800 |
| Oct 18, 2026 | $52,653 |
| Oct 19, 2026 | $52,859 |
| Oct 20, 2026 | $52,738 |
| Oct 21, 2026 | $53,550 |
| Oct 22, 2026 | $53,469 |
| Oct 23, 2026 | $52,690 |
| Oct 24, 2026 | $52,568 |
| Oct 25, 2026 | $52,663 |
| Oct 26, 2026 | $52,000 |
| Oct 27, 2026 | $52,256 |
| Oct 28, 2026 | $52,470 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $894,286 |
| Dec 31, 2024 | $616,794 |
| Jan 31, 2025 | $454,907 |
| Feb 28, 2025 | $383,364 |
| Mar 31, 2025 | $342,643 |
| Apr 30, 2025 | $299,890 |
| May 31, 2025 | $234,547 |
| Jun 30, 2025 | $116,867 |
| Jul 31, 2025 | $82,999 |
| Aug 31, 2025 | $82,357 |
| Sep 30, 2025 | $82,070 |
| Oct 31, 2025 | $76,531 |
| Nov 30, 2025 | $63,877 |
| Dec 31, 2025 | $62,871 |
| Jan 31, 2026 | $60,320 |
| Feb 28, 2026 | $47,940 |
| Mar 31, 2026 | $45,987 |
| Apr 30, 2026 | $49,076 |
| May 31, 2026 | $49,252 |
| Jun 30, 2026 | $41,312 |
| Jul 31, 2026 | $43,948 |
| Aug 31, 2026 | $51,025 |
| Sep 30, 2026 | $54,805 |
| Oct 28, 2026 (latest) | $52,470 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $2.59m |
| Dec 31, 2024 | $616,794 |
| Dec 31, 2025 | $62,871 |
Fees and revenue by UTC calendar month, Sep 2024 to Jul 2026
| Month | Fees | Revenue |
|---|---|---|
| Sep 2024 | $67 | $0 |
| Oct 2024 | $5,175 | $0 |
| Nov 2024 | $11,234 | $0 |
| Dec 2024 | $5,797 | $0 |
| Jan 2025 | $3,957 | $0 |
| Feb 2025 | $5,332 | $0 |
| Mar 2025 | $2,479 | $0 |
| Apr 2025 | $327 | $0 |
| May 2025 | $306 | $0 |
| Jun 2025 | $1 | $0 |
| Jul 2025 | $0 | $0 |
| Aug 2025 | $0 | $0 |
| Sep 2025 | $0 | $0 |
| Oct 2025 | $0 | $0 |
| Nov 2025 | $0 | $0 |
| Dec 2025 | $0 | $0 |
| Jan 2026 | $0 | $0 |
| Feb 2026 | $0 | $0 |
| Mar 2026 | $0 | $0 |
| Apr 2026 | $0 | $0 |
| May 2026 | $0 | $0 |
| Jun 2026 | $0 | $0 |
| Jul 2026 | $0 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/alpaca-perpetual-futures-exchange
Frequently asked questions
What is Alpaca Perpetual Futures Exchange's TVL?
As of Oct 28, 2026, Alpaca Perpetual Futures Exchange has $52,470 in total value locked. TVL has decreased 4.3% over the past 30 days.
What chains does Alpaca Perpetual Futures Exchange operate on?
Alpaca Perpetual Futures Exchange operates on BSC. BSC holds the largest share at 100%.
How does Alpaca Perpetual Futures Exchange's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Alpaca Perpetual Futures Exchange ranks #114 by TVL. The category holds $1.972b across 426 protocols, and Alpaca Perpetual Futures Exchange accounts for <0.1% of that total. Similar protocols include AZverse Perps, Apex Omni, MUX Perps, Contango V2, HertzFlow, TurboFlow Perps, Hakka Finance, AlphaX, SYMMIO, and KiloEx.

