Logo of Alpaca Perpetual Futures Exchange

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

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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.

Category:Derivatives

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 GitHub

Competitors

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

DateTVL
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

DateTVL
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

DateTVL
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

MonthFeesRevenue
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.