Ask about Lynx · freeTotal Value Locked$171,918
TVL by Chain
Sonic$96,740
Boba$57,993
Arbitrum$4,617
Base$4,008
Ethereum$3,058
Fantom$2,943
Celo$618.92
Sei$519.76
BSC$464.15
Zircuit$289.78
Fuse$240.10
Polygon$237.50
Mode$190.02
Flare$0
Linea$0
Mantle$0
GOAT$0
OP Mainnet$0
Key Metrics
Fees 30d$5,035
Fees 30d by chain
Sonic$5,035
Boba$0
Flare$0
Fees 7d$1,487
Sonic$1,487
Boba$0
Flare$0
Fees 24h$159
Sonic$159
Boba$0
Flare$0
Cumulative Fees$213,957
Sonic$162,497
Boba$51,461
Flare$2.09
Revenue 30d$2,010
Revenue 30d by chain
Sonic$2,010
Boba$0
Flare$0
Revenue 7d$466.97
Sonic$466.97
Boba$0
Flare$0
Revenue 24h$28.88
Sonic$28.88
Boba$0
Flare$0
Cumulative Revenue$104,642
Sonic$69,019
Boba$35,621
Flare$0.75
Perp Volume 30d$2.62m
Perp Volume 30d by chain
Sonic$2.62m
Boba$0
Flare$0
Perp Volume 7d$628,307
Sonic$628,307
Boba$0
Flare$0
Perp Volume 24h$36,675
Sonic$36,675
Boba$0
Flare$0
Cumulative Perp Volume$47.14m
Sonic$42.22m
Boba$4.91m
Flare$0
Protocol Information
Perpetuals DEX offering high-leverage trading using any token as collateral. Supporting gasless trading from any blockchain
Methodology
TVL: TVL is the sum of settlement assets locked in Lynx chip and OFTChipAdapter contracts across all supported chains.View code on GitHubFees: Opening/closing fees (percentage of position size, varies by collateral asset and instrument), borrow interest (floating rate on utilized amount), performance fees (percentage of profit on winning Cat Mode/Options trades), funding fees (LP/reserve portion of funding rate payments from the heavier OI side), liquidation fees (remaining collateral after 85% loss threshold), and trigger bot fees. Excludes artificial spread (built into entry price).View code on GitHubRevenue: Protocol share of open/close fees (1 - lexPartF) plus performance fees on profitable Cat Mode and Options trades.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Lynx history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 6, 2024 to Oct 27, 2026.
All-time high TVL: $824,032 on Jan 1, 2025. All-time low TVL: $117,461 on Sep 2, 2024.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $213,388 |
| Sep 29, 2026 | $214,304 |
| Sep 30, 2026 | $213,455 |
| Oct 1, 2026 | $211,811 |
| Oct 2, 2026 | $213,367 |
| Oct 3, 2026 | $209,262 |
| Oct 4, 2026 | $205,192 |
| Oct 5, 2026 | $157,252 |
| Oct 6, 2026 | $160,530 |
| Oct 7, 2026 | $161,827 |
| Oct 8, 2026 | $161,395 |
| Oct 9, 2026 | $160,003 |
| Oct 10, 2026 | $156,356 |
| Oct 11, 2026 | $156,464 |
| Oct 12, 2026 | $172,379 |
| Oct 13, 2026 | $170,615 |
| Oct 14, 2026 | $173,239 |
| Oct 15, 2026 | $171,940 |
| Oct 16, 2026 | $169,990 |
| Oct 17, 2026 | $168,340 |
| Oct 18, 2026 | $172,088 |
| Oct 19, 2026 | $169,597 |
| Oct 20, 2026 | $172,978 |
| Oct 21, 2026 | $171,368 |
| Oct 22, 2026 | $170,467 |
| Oct 23, 2026 | $176,261 |
| Oct 24, 2026 | $223,527 |
| Oct 25, 2026 | $222,194 |
| Oct 26, 2026 | $175,407 |
| Oct 27, 2026 | $177,521 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $506,506 |
| Dec 31, 2024 | $822,800 |
| Jan 31, 2025 | $726,614 |
| Feb 28, 2025 | $690,451 |
| Mar 31, 2025 | $655,863 |
| Apr 30, 2025 | $562,366 |
| May 31, 2025 | $570,737 |
| Jun 30, 2025 | $462,731 |
| Jul 31, 2025 | $449,263 |
| Aug 31, 2025 | $415,283 |
| Sep 30, 2025 | $397,944 |
| Oct 31, 2025 | $300,390 |
| Nov 30, 2025 | $284,407 |
| Dec 31, 2025 | $235,485 |
| Jan 31, 2026 | $212,459 |
| Feb 28, 2026 | $242,951 |
| Mar 31, 2026 | $250,359 |
| Apr 30, 2026 | $242,255 |
| May 31, 2026 | $281,329 |
| Jun 30, 2026 | $238,570 |
| Jul 31, 2026 | $179,305 |
| Aug 31, 2026 | $148,285 |
| Sep 30, 2026 | $213,455 |
| Oct 27, 2026 (latest) | $177,521 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $822,800 |
| Dec 31, 2025 | $235,485 |
Fees and revenue by UTC calendar month, Jul 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Jul 2025 | $639 | $125 |
| Aug 2025 | $59,750 | $35,672 |
| Sep 2025 | $32,968 | $11,276 |
| Oct 2025 | $54,796 | $33,414 |
| Nov 2025 | $21,333 | $8,240 |
| Dec 2025 | $8,507 | $3,586 |
| Jan 2026 | $3,838 | $1,517 |
| Feb 2026 | $5,606 | $1,792 |
| Mar 2026 | $539.33 | $43.04 |
| Apr 2026 | $5,872 | $2,281 |
| May 2026 | $5,033 | $1,570 |
| Jun 2026 | $1,809 | $691.22 |
| Jul 2026 | $1,609 | $307.43 |
| Aug 2026 | $3,791 | $1,068 |
| Sep 2026 | $3,611 | $1,337 |
| Oct 2026 (to date) | $4,255 | $1,723 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/lynx
Frequently asked questions
What is Lynx's TVL?
As of Oct 27, 2026, Lynx has $171,918 in total value locked. TVL has decreased 19.1% over the past 30 days.
What chains does Lynx operate on?
Lynx operates on 18 chains: Sonic, Boba, Arbitrum, Base, and Ethereum and 13 others. Sonic holds the largest share at 56.3%.
How much has Lynx generated in fees and revenue?
Over the past 30 days, Lynx generated $5,035 in fees. Of that, $2,010 was protocol revenue. Based on the trailing year, the annualized rate is $89,436 in fees and $35,086 in revenue.
How does Lynx's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Lynx ranks #87 by TVL. The category holds $1.97b across 426 protocols, and Lynx accounts for <0.1% of that total. Similar protocols include LogX V2, Contango V2, RubyDex, SYMMIO, ApeX Pro, Vest Markets, UniDex Perp, Satori Perp, Everstrike, and Apex Omni.
How much perpetual futures volume does Lynx process?
Lynx processed $2.62m in perpetual futures volume over the past 30 days.