Total Value Locked$2.53m
TVL by Chain
Robinhood Chain$2.53m
Key Metrics
Fees 30d$1,742
Fees 30d by chain
Robinhood Chain$1,742
Fees 7d$258.78
Robinhood Chain$258.78
Fees 24h$24.09
Robinhood Chain$24.09
Cumulative Fees$2,063
Robinhood Chain$2,063
Revenue 30d$1,742
Revenue 30d by chain
Robinhood Chain$1,742
Revenue 7d$258.78
Robinhood Chain$258.78
Revenue 24h$24.09
Robinhood Chain$24.09
Cumulative Revenue$2,063
Robinhood Chain$2,063
Perp Volume 30d$29.63m
Perp Volume 30d by chain
Robinhood Chain$29.63m
Perp Volume 7d$4.21m
Robinhood Chain$4.21m
Perp Volume 24h$362,073
Robinhood Chain$362,073
Cumulative Perp Volume$30.67m
Robinhood Chain$30.67m
Open Interest$332,304
Protocol Information
RWA-focused perps and prediction markets with a full derivatives stack. Powered by Robinhood Chain.
Methodology
TVL: Sum of the LP vault NAV (convertToAssets(totalSupply) of the ERC-4626 vault) and user collateral held by the Meridian exchange contract (merUSD, counted as the USDe backing it). The LP vault's own exchange balances are excluded to avoid double counting.View code on GitHubFees: All trading fees paid by usersView code on GitHubRevenue: All fees are revenueView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Meridian Perps history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 5, 2026 to Oct 27, 2026.
All-time high TVL: $3.16m on Oct 9, 2026. All-time low TVL: $950,397 on Aug 8, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $2.31m |
| Sep 29, 2026 | $2.32m |
| Sep 30, 2026 | $2.33m |
| Oct 1, 2026 | $2.34m |
| Oct 2, 2026 | $2.35m |
| Oct 3, 2026 | $2.65m |
| Oct 4, 2026 | $2.66m |
| Oct 5, 2026 | $2.68m |
| Oct 6, 2026 | $3.05m |
| Oct 7, 2026 | $3.1m |
| Oct 8, 2026 | $3.14m |
| Oct 9, 2026 | $3.16m |
| Oct 10, 2026 | $3.07m |
| Oct 11, 2026 | $3.07m |
| Oct 12, 2026 | $3.01m |
| Oct 13, 2026 | $2.98m |
| Oct 14, 2026 | $2.95m |
| Oct 15, 2026 | $2.94m |
| Oct 16, 2026 | $2.92m |
| Oct 17, 2026 | $2.83m |
| Oct 18, 2026 | $2.82m |
| Oct 19, 2026 | $2.83m |
| Oct 20, 2026 | $2.84m |
| Oct 21, 2026 | $2.83m |
| Oct 22, 2026 | $2.8m |
| Oct 23, 2026 | $2.8m |
| Oct 24, 2026 | $2.79m |
| Oct 25, 2026 | $2.58m |
| Oct 26, 2026 | $2.54m |
| Oct 27, 2026 | $2.53m |
TVL at each month end, Aug 2026 to Oct 2026
| Date | TVL |
|---|---|
| Aug 31, 2026 | $2.51m |
| Sep 30, 2026 | $2.33m |
| Oct 27, 2026 (latest) | $2.53m |
Fees and revenue by UTC calendar month, Sep 2026 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Sep 2026 | $369.68 | $369.68 |
| Oct 2026 (to date) | $1,693 | $1,693 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/meridian-perps
Frequently asked questions
What is Meridian Perps' TVL?
As of Oct 27, 2026, Meridian Perps has $2.53m in total value locked. TVL has increased 9.7% over the past 30 days.
What chains does Meridian Perps operate on?
Meridian Perps operates on Robinhood Chain. Robinhood Chain holds the largest share at 100%.
How much has Meridian Perps generated in fees and revenue?
Over the past 30 days, Meridian Perps generated $1,742 in fees. Of that, $1,742 was protocol revenue. Based on the trailing year, the annualized rate is $18,363 in fees and $18,363 in revenue.
How does Meridian Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Meridian Perps ranks #37 by TVL. The category holds $1.972b across 426 protocols, and Meridian Perps accounts for 0.1% of that total. Similar protocols include Lighter Robinhood Perps, Arcus Perps, Arcus pTokens, Mog, VS Trade, PerpsFunds, EL Perps, Jupiter Perpetual Exchange, GMX EVM, and Hyperliquid HLP.
How much perpetual futures volume does Meridian Perps process?
Meridian Perps processed $29.63m in perpetual futures volume over the past 30 days.