Ask about GMTrade
Logo of GMTradeGMTrade
Total Value Locked$28.71m

TVL by Chain

Solana$28.71m

Key Metrics

Fees 30d$3.24m
Fees 30d by chain

Solana$3.24m

Fees 7d$813,513

Solana$813,513

Fees 24h$153,948

Solana$153,948

Cumulative Fees$18.41m

Solana$18.41m

Revenue 30d$810,726
Revenue 30d by chain

Solana$810,726

Revenue 7d$203,378

Solana$203,378

Revenue 24h$38,487

Solana$38,487

Cumulative Revenue$5.26m

Solana$5.26m

Perp Volume 30d$22.607b
Perp Volume 30d by chain

Solana$22.607b

Perp Volume 7d$6.156b

Solana$6.156b

Perp Volume 24h$1.332b

Solana$1.332b

Cumulative Perp Volume$153.45b

Solana$153.45b

$90.72m

Protocol Information

GMTrade is a perpetual DEX built on Solana that supports both crypto and RWA markets. The protocol utilizes isolated liquidity pools combined with a cross-pool coordination system that optimizes liquidity utilization. It aims to provide a seamless trading experience with fast execution and low fees while maintaining security and decentralization.

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Category:Derivatives

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Opening/closing fees for perpetual positions, swap fees, liquidation fees, and borrowing feesView code on GitHubRevenue: 25% of all collected feesView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Yields

Pools Tracked73

Average Supply APY80.95%

Competitors

Jupiter Perpetual Exchange ($753.33m)Pacifica Perps ($25.3m)BULK ($9.7m)TurboFlow Perps ($6.3m)Bumpin Trade ($4.3m)Parcl V3 ($1.09m)FlashTrade ($921,724.13)Wasabi Perps ($654,381.82)Lavarage ($643,274.22)Drift Trade ($642,568.64)

Frequently Asked Questions

What is GMTrade's TVL?

GMTrade currently has $28.71m in total value locked. TVL has decreased 13.1% over the past 30 days.

What chains does GMTrade operate on?

GMTrade operates on Solana. Solana holds the largest share at 100%.

How much has GMTrade generated in fees and revenue?

Over the past 30 days, GMTrade generated $3.24m in fees. Of that, $810,726 was protocol revenue. Based on the trailing year, the annualized rate is $17.04m in fees and $4.3m in revenue.

How does GMTrade's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, GMTrade ranks #12 by TVL. The category holds $2.056b across 424 protocols, and GMTrade accounts for 1.4% of that total. Other leading protocols include Jupiter Perpetual Exchange, Pacifica Perps, BULK, TurboFlow Perps, Bumpin Trade, Parcl V3, FlashTrade, Wasabi Perps, Lavarage, and Drift Trade.

How much perpetual futures volume does GMTrade process?

GMTrade processed $22.607b in perpetual futures volume over the past 30 days.