Total Value Locked$0.42
TVL by Chain
Base$0.42
Ethereum$0
Arbitrum$0
Key Metrics
Cumulative Fees$2.52m
Cumulative Fees by chain
Base$2.42m
Arbitrum$95,937
Cumulative Revenue$723,772
Cumulative Revenue by chain
Base$716,791
Arbitrum$6,981
Cumulative Holders Revenue$723,772
Cumulative Holders Revenue by chain
Base$716,791
Arbitrum$6,981
Cumulative Perp Volume$6.962b
Cumulative Perp Volume by chain
Base$6.746b
Arbitrum$216.13m
Protocol Information
Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. Powering the next generation of permissionless protocols.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees generated from tradesView code on GitHubRevenue: Fees paid by users and awarded to LPsView code on GitHubHolders Revenue: Fees are granted proportionally to LPs by tracking the profit and loss of the positions backed by Synthetix V3View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Synthetix V3 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 5, 2024 to Oct 28, 2026.
All-time high TVL: $389.73m on Dec 9, 2024. All-time low TVL: $4 on Jul 19, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $0 |
| Sep 30, 2026 | $0 |
| Oct 1, 2026 | $0 |
| Oct 2, 2026 | $0 |
| Oct 3, 2026 | $0 |
| Oct 4, 2026 | $0 |
| Oct 5, 2026 | $0 |
| Oct 6, 2026 | $0 |
| Oct 7, 2026 | $0 |
| Oct 8, 2026 | $0 |
| Oct 9, 2026 | $0 |
| Oct 10, 2026 | $0 |
| Oct 11, 2026 | $0 |
| Oct 12, 2026 | $0 |
| Oct 13, 2026 | $0 |
| Oct 14, 2026 | $0 |
| Oct 15, 2026 | $0 |
| Oct 16, 2026 | $0 |
| Oct 17, 2026 | $0 |
| Oct 18, 2026 | $0 |
| Oct 19, 2026 | $0 |
| Oct 20, 2026 | $0 |
| Oct 21, 2026 | $0 |
| Oct 22, 2026 | $0 |
| Oct 23, 2026 | $0 |
| Oct 24, 2026 | $0 |
| Oct 25, 2026 | $0 |
| Oct 26, 2026 | $0 |
| Oct 27, 2026 | $0 |
| Oct 28, 2026 | $0 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $228.52m |
| Dec 31, 2024 | $226.08m |
| Jan 31, 2025 | $174.5m |
| Feb 28, 2025 | $96.6m |
| Mar 31, 2025 | $85.92m |
| Apr 30, 2025 | $86.53m |
| May 31, 2025 | $88.43m |
| Jun 30, 2025 | $82.95m |
| Jul 31, 2025 | $78.28m |
| Aug 31, 2025 | $90.66m |
| Sep 30, 2025 | $142.25m |
| Oct 31, 2025 | $127.27m |
| Nov 30, 2025 | $69.93m |
| Dec 31, 2025 | $53.12m |
| Jan 31, 2026 | $55.42m |
| Feb 28, 2026 | $45.96m |
| Mar 31, 2026 | $36.49m |
| Apr 30, 2026 | $41.18m |
| May 31, 2026 | $39.31m |
| Jun 30, 2026 | $37 |
| Jul 31, 2026 | $0 |
| Aug 31, 2026 | $0 |
| Sep 30, 2026 | $0 |
| Oct 28, 2026 (latest) | $0 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $226.08m |
| Dec 31, 2025 | $53.12m |
Fees, revenue and holders revenue by UTC calendar month, Oct 2024 to Sep 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Oct 2024 | $58,201 | $3,028 | $3,028 |
| Nov 2024 | $173,384 | $51,918 | $51,918 |
| Dec 2024 | $152,668 | $31,962 | $31,962 |
| Jan 2025 | $192,203 | $35,230 | $35,230 |
| Feb 2025 | $247,647 | $47,236 | $47,236 |
| Mar 2025 | $111,046 | $21,220 | $21,220 |
| Apr 2025 | $80,445 | $14,801 | $14,801 |
| May 2025 | $91,146 | $17,190 | $17,190 |
| Jun 2025 | $94,798 | $17,841 | $17,841 |
| Jul 2025 | $741 | $136 | $136 |
| Aug 2025 | $5 | $1 | $1 |
| Sep 2025 | $0 | $0 | $0 |
| Oct 2025 | $0 | $0 | $0 |
| Nov 2025 | $0 | $0 | $0 |
| Dec 2025 | $0 | $0 | $0 |
| Jan 2026 | $0 | $0 | $0 |
| Feb 2026 | $0 | $0 | $0 |
| Mar 2026 | $0 | $0 | $0 |
| Apr 2026 | $0 | $0 | $0 |
| May 2026 | $0 | $0 | $0 |
| Jun 2026 | $0 | $0 | $0 |
| Jul 2026 | $0 | $0 | $0 |
| Aug 2026 | $0 | $0 | $0 |
| Sep 2026 | $0 | $0 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/synthetix-v3
Frequently asked questions
What is Synthetix V3's TVL?
As of Oct 28, 2026, Synthetix V3 has $0.42 in total value locked.
What chains does Synthetix V3 operate on?
Synthetix V3 operates on 3 chains: Base, Ethereum, and Arbitrum. Base holds the largest share at 100%.
How does Synthetix V3's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Synthetix V3 ranks #274 by TVL. The category holds $1.971b across 426 protocols, and Synthetix V3 accounts for <0.1% of that total. Similar protocols include Apex Omni, Aevo Perps, Contango V2, IPOR Derivatives, Derive V2, Vest Markets, Lynx, Tristero Margin, Defx, and Primex Finance.