Logo of Fermi Trade V2

Fermi Trade V2

Key Metrics

Perp Volume 30d$13.13m
Perp Volume 30d by chain

Solana$13.13m

Perp Volume 7d$9.23m

Solana$9.23m

Perp Volume 24h$1.06m

Solana$1.06m

Cumulative Perp Volume$13.13m

Solana$13.13m

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Protocol Information

Fermi Trade is a fully onchain orderbook perps DEX on solana, offering low latency (<20ms) and deterministic FCFS execution

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Category:Derivatives

Methodology

Perp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Competitors

Jupiter Perpetual Exchange ($716.1m)GMX Solana ($26.03m)Phoenix Perp ($23.94m)BULK ($8.38m)TurboFlow Perps ($6.74m)Bumpin Trade ($4.28m)Cardboard Trade ($887,496)Parcl V3 ($761,100)Drift Trade ($640,873)Lavarage ($573,670)

Frequently asked questions

What chains does Fermi Trade V2 operate on?

Fermi Trade V2 operates on Solana.

How does Fermi Trade V2's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Fermi Trade V2 ranks #424 by TVL. The category holds $1.971b across 426 protocols, and Fermi Trade V2 accounts for 0% of that total. Similar protocols include Jupiter Perpetual Exchange, GMX Solana, Phoenix Perp, BULK, TurboFlow Perps, Bumpin Trade, Cardboard Trade, Parcl V3, Drift Trade, and Lavarage.

How much perpetual futures volume does Fermi Trade V2 process?

Fermi Trade V2 processed $13.13m in perpetual futures volume over the past 30 days.