Ask about Decibel · freeTotal Value Locked$29.27m
TVL by Chain
Aptos$29.27m
Key Metrics
Fees 30d$540,934
Fees 30d by chain
Aptos$540,934
Fees 7d$86,841
Aptos$86,841
Fees 24h$10,116
Aptos$10,116
Cumulative Fees$3.53m
Aptos$3.53m
Revenue 30d$540,934
Revenue 30d by chain
Aptos$540,934
Revenue 7d$86,841
Aptos$86,841
Revenue 24h$10,116
Aptos$10,116
Cumulative Revenue$3.53m
Aptos$3.53m
Perp Volume 30d$1.256b
Perp Volume 30d by chain
Aptos$1.256b
Perp Volume 7d$238.16m
Aptos$238.16m
Perp Volume 24h$30.52m
Aptos$30.52m
Cumulative Perp Volume$8.687b
Aptos$8.687b
Open Interest$3.26m
Protocol Information
Decibel is a composable, onchain trading engine for spot, perps, and yield opportunities.
Methodology
TVL: TVL is the total USDC collateral in the Decibel perp engine plus USDC in the predeposit vault.View code on GitHubFees: Trading fees charged on every fill. Takers always pay, between 0.034% and 0.018% depending on their 30-day volume, and makers pay between 0.011% and 0% until they reach the top volume tiers. Also includes USDC and USDCbl paid into Decibel's fee treasury from outside the exchange.View code on GitHubRevenue: Everything Decibel charges, minus any maker rebates it nets out, plus the treasury deposits.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Decibel history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 26, 2026 to Oct 27, 2026.
All-time high TVL: $57.72m on Feb 26, 2026. All-time low TVL: $28.49m on Jun 24, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $29.38m |
| Sep 29, 2026 | $29.45m |
| Sep 30, 2026 | $29.36m |
| Oct 1, 2026 | $29.31m |
| Oct 2, 2026 | $29.46m |
| Oct 3, 2026 | $29.35m |
| Oct 4, 2026 | $29.45m |
| Oct 5, 2026 | $29.42m |
| Oct 6, 2026 | $29.43m |
| Oct 7, 2026 | $29.43m |
| Oct 8, 2026 | $29.41m |
| Oct 9, 2026 | $29.47m |
| Oct 10, 2026 | $29.49m |
| Oct 11, 2026 | $29.48m |
| Oct 12, 2026 | $29.51m |
| Oct 13, 2026 | $29.54m |
| Oct 14, 2026 | $29.56m |
| Oct 15, 2026 | $29.58m |
| Oct 16, 2026 | $29.6m |
| Oct 17, 2026 | $29.73m |
| Oct 18, 2026 | $29.62m |
| Oct 19, 2026 | $29.68m |
| Oct 20, 2026 | $29.66m |
| Oct 21, 2026 | $29.43m |
| Oct 22, 2026 | $29.42m |
| Oct 23, 2026 | $29.38m |
| Oct 24, 2026 | $29.39m |
| Oct 25, 2026 | $29.27m |
| Oct 26, 2026 | $29.27m |
| Oct 27, 2026 | $29.27m |
TVL at each month end, Feb 2026 to Oct 2026
| Date | TVL |
|---|---|
| Feb 28, 2026 | $50.99m |
| Mar 31, 2026 | $43.25m |
| Apr 30, 2026 | $42.9m |
| May 31, 2026 | $42.06m |
| Jun 30, 2026 | $28.7m |
| Jul 31, 2026 | $29.94m |
| Aug 31, 2026 | $29.73m |
| Sep 30, 2026 | $29.36m |
| Oct 27, 2026 (latest) | $29.27m |
Fees and revenue by UTC calendar month, Feb 2026 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Feb 2026 | $34,523 | $34,523 |
| Mar 2026 | $395,215 | $395,215 |
| Apr 2026 | $278,406 | $278,406 |
| May 2026 | $549,500 | $549,500 |
| Jun 2026 | $384,204 | $384,204 |
| Jul 2026 | $376,788 | $376,788 |
| Aug 2026 | $518,657 | $518,657 |
| Sep 2026 | $502,608 | $502,608 |
| Oct 2026 (to date) | $502,840 | $502,840 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/decibel
Frequently asked questions
What is Decibel's TVL?
As of Oct 27, 2026, Decibel has $29.27m in total value locked. TVL has decreased 0.4% over the past 30 days.
What chains does Decibel operate on?
Decibel operates on Aptos. Aptos holds the largest share at 100%.
How much has Decibel generated in fees and revenue?
Over the past 30 days, Decibel generated $540,934 in fees. Of that, $540,934 was protocol revenue. Based on the trailing year, the annualized rate is $5.33m in fees and $5.33m in revenue.
How does Decibel's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Decibel ranks #12 by TVL. The category holds $1.96b across 426 protocols, and Decibel accounts for 1.5% of that total. Similar protocols include TsunamiX, Thetis Perps, Mirage Protocol, AGDEX, Jupiter Perpetual Exchange, GMX EVM, Hyperliquid HLP, Lighter Robinhood Perps, Extended Perps, and Lighter LLP.
How much perpetual futures volume does Decibel process?
Decibel processed $1.256b in perpetual futures volume over the past 30 days.