Cap Finance V4(CAP)
Total Value Locked$10,884
TVL by Chain
Arbitrum$10,569
Base$314.83
Key Metrics
Fees 30d$0
Fees 30d by chain
Arbitrum$0
Fees 7d$0
Arbitrum$0
Fees 24h$0
Arbitrum$0
Cumulative Fees$16,419
Arbitrum$16,419
Revenue 30d$0
Revenue 30d by chain
Arbitrum$0
Revenue 7d$0
Arbitrum$0
Revenue 24h$0
Arbitrum$0
Cumulative Revenue$16,419
Arbitrum$16,419
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Holders Revenue 7d$0
Arbitrum$0
Holders Revenue 24h$0
Arbitrum$0
Cumulative Holders Revenue$0
Arbitrum$0
Perp Volume 30d$0
Perp Volume 30d by chain
Arbitrum$0
Perp Volume 7d$0
Arbitrum$0
Perp Volume 24h$0
Arbitrum$0
Cumulative Perp Volume$442.20
Arbitrum$442.20
Staked$0
Protocol Information
Decentralized Perps. Trade global markets with low fees, deep liquidity, and up to 100× leverage.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: trading fees paid by usersView code on GitHubRevenue: trading fee collected by protocol.View code on GitHubHolders Revenue: Fees going to governance token holdersView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Cap Finance V4 history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Jan 22, 2023 to Oct 27, 2026.
All-time high TVL: $2.12m on Mar 28, 2023. All-time low TVL: $357 on Jan 22, 2023.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $11,899 |
| Sep 29, 2026 | $11,976 |
| Sep 30, 2026 | $11,939 |
| Oct 1, 2026 | $11,988 |
| Oct 2, 2026 | $12,084 |
| Oct 3, 2026 | $11,933 |
| Oct 4, 2026 | $12,008 |
| Oct 5, 2026 | $12,112 |
| Oct 6, 2026 | $12,097 |
| Oct 7, 2026 | $11,734 |
| Oct 8, 2026 | $11,643 |
| Oct 9, 2026 | $11,298 |
| Oct 10, 2026 | $11,353 |
| Oct 11, 2026 | $11,413 |
| Oct 12, 2026 | $11,502 |
| Oct 13, 2026 | $11,348 |
| Oct 14, 2026 | $11,447 |
| Oct 15, 2026 | $11,122 |
| Oct 16, 2026 | $11,203 |
| Oct 17, 2026 | $11,152 |
| Oct 18, 2026 | $11,082 |
| Oct 19, 2026 | $11,135 |
| Oct 20, 2026 | $11,046 |
| Oct 21, 2026 | $11,209 |
| Oct 22, 2026 | $11,229 |
| Oct 23, 2026 | $11,008 |
| Oct 24, 2026 | $10,996 |
| Oct 25, 2026 | $10,950 |
| Oct 26, 2026 | $10,806 |
| Oct 27, 2026 | $10,787 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $95,186 |
| Dec 31, 2024 | $56,990 |
| Jan 31, 2025 | $43,972 |
| Feb 28, 2025 | $25,200 |
| Mar 31, 2025 | $21,407 |
| Apr 30, 2025 | $21,393 |
| May 31, 2025 | $26,821 |
| Jun 30, 2025 | $26,825 |
| Jul 31, 2025 | $37,282 |
| Aug 31, 2025 | $42,156 |
| Sep 30, 2025 | $40,244 |
| Oct 31, 2025 | $37,207 |
| Nov 30, 2025 | $30,702 |
| Dec 31, 2025 | $30,458 |
| Jan 31, 2026 | $28,342 |
| Feb 28, 2026 | $22,346 |
| Mar 31, 2026 | $19,906 |
| Apr 30, 2026 | $21,327 |
| May 31, 2026 | $19,491 |
| Jun 30, 2026 | $16,107 |
| Jul 31, 2026 | $18,671 |
| Aug 31, 2026 | $22,651 |
| Sep 30, 2026 | $11,939 |
| Oct 27, 2026 (latest) | $10,787 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $649,742 |
| Dec 31, 2024 | $56,990 |
| Dec 31, 2025 | $30,458 |
Fees, revenue and holders revenue by UTC calendar month, Jan 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jan 2025 | $7,127 | $7,127 | $0 |
| Feb 2025 | $0 | $0 | $0 |
| Mar 2025 | $0 | $0 | $0 |
| Apr 2025 | $0 | $0 | $0 |
| May 2025 | $0 | $0 | $0 |
| Jun 2025 | $0 | $0 | $0 |
| Jul 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Oct 2025 | $0 | $0 | $0 |
| Nov 2025 | $0 | $0 | $0 |
| Dec 2025 | $0 | $0 | $0 |
| Jan 2026 | $0 | $0 | $0 |
| Feb 2026 | $0 | $0 | $0 |
| Mar 2026 | $1,616 | $1,616 | $0 |
| Apr 2026 | $0 | $0 | $0 |
| May 2026 | $0 | $0 | $0 |
| Jun 2026 | $7,676 | $7,676 | $0 |
| Jul 2026 | $0 | $0 | $0 |
| Aug 2026 | $0 | $0 | $0 |
| Sep 2026 | $0 | $0 | $0 |
| Oct 2026 (to date) | $0 | $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/cap-finance-v4
Frequently asked questions
What is Cap Finance V4's TVL?
As of Oct 27, 2026, Cap Finance V4 has $10,884 in total value locked. TVL has decreased 9.5% over the past 30 days.
What chains does Cap Finance V4 operate on?
Cap Finance V4 operates on 2 chains: Arbitrum and Base. Arbitrum holds the largest share at 97.1%.
How much has Cap Finance V4 generated in fees and revenue?
Over the past 30 days, Cap Finance V4 generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $9,292 in fees and $9,292 in revenue.
How does Cap Finance V4's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Cap Finance V4 ranks #159 by TVL. The category holds $1.971b across 426 protocols, and Cap Finance V4 accounts for <0.1% of that total. Similar protocols include Apex Omni, Aevo Perps, Contango V2, Gains Network, SYMMIO, ELFi Protocol, IPOR Derivatives, Derive V2, Vest Markets, and Lynx.
How much perpetual futures volume does Cap Finance V4 process?
Cap Finance V4 processed $0 in perpetual futures volume over the past 30 days.