Ask about Fermi Trade · free
Logo of Fermi Trade

Fermi Trade

Key Metrics

Perp Volume 30d$14.25m
Perp Volume 30d by chain

Solana$14.25m

Perp Volume 7d$9.52m

Solana$9.52m

Perp Volume 24h$1.12m

Solana$1.12m

Cumulative Perp Volume$63.29m

Solana$63.29m

Total Raised$1.2m

May 21, 2025$1.2mRound: Pre-SeedInvestors: Big Brain Holdings, Equilibrium co

Loading chart...

Protocol Information

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

WebsiteX/Twitter
Category:Derivatives
Products:

Methodology

Perp Volume: Notional volume of all trades including leverage on the perp exchange

Competitors

Jupiter Perpetual Exchange ($717.51m)GMX Solana ($25.93m)Phoenix Perp ($23.98m)BULK ($8.42m)TurboFlow Perps ($6.74m)Bumpin Trade ($4.28m)Cardboard Trade ($882,290)Parcl V3 ($761,043)Drift Trade ($640,824)Lavarage ($574,983)

Frequently asked questions

What chains does Fermi Trade operate on?

Fermi Trade operates on Solana.

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

Among Derivatives protocols tracked by DefiLlama, Fermi Trade ranks #425 by TVL. The category holds $1.971b across 425 protocols, and Fermi Trade 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 process?

Fermi Trade processed $14.25m in perpetual futures volume over the past 30 days.