Tethys Perpetual(TETHYS)
Total Value Locked$51.23
TVL by Chain
Metis$51.23
The chart plots Staking as its own series; it is not part of the TVL above.
Key Metrics
Staked$0
Protocol Information
A decentralized perpetual exchange to offer $METIS leverage trading, trade up to 50x leverage
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Tethys Perpetual history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Jan 16, 2023 to Oct 27, 2026.
All-time high TVL: $2.42m on Jan 13, 2024. All-time low TVL: $32 on Apr 9, 2025.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $58 |
| Sep 29, 2026 | $58 |
| Sep 30, 2026 | $58 |
| Oct 1, 2026 | $58 |
| Oct 2, 2026 | $59 |
| Oct 3, 2026 | $58 |
| Oct 4, 2026 | $58 |
| Oct 5, 2026 | $59 |
| Oct 6, 2026 | $59 |
| Oct 7, 2026 | $58 |
| Oct 8, 2026 | $56 |
| Oct 9, 2026 | $54 |
| Oct 10, 2026 | $54 |
| Oct 11, 2026 | $54 |
| Oct 12, 2026 | $55 |
| Oct 13, 2026 | $54 |
| Oct 14, 2026 | $54 |
| Oct 15, 2026 | $52 |
| Oct 16, 2026 | $53 |
| Oct 17, 2026 | $52 |
| Oct 18, 2026 | $52 |
| Oct 19, 2026 | $52 |
| Oct 20, 2026 | $52 |
| Oct 21, 2026 | $53 |
| Oct 22, 2026 | $53 |
| Oct 23, 2026 | $52 |
| Oct 24, 2026 | $51 |
| Oct 25, 2026 | $51 |
| Oct 26, 2026 | $50 |
| Oct 27, 2026 | $50 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $277,401 |
| Dec 31, 2024 | $165,779 |
| Jan 31, 2025 | $71 |
| Feb 28, 2025 | $48 |
| Mar 31, 2025 | $39 |
| Apr 30, 2025 | $39 |
| May 31, 2025 | $55 |
| Jun 30, 2025 | $54 |
| Jul 31, 2025 | $83 |
| Aug 31, 2025 | $97 |
| Sep 30, 2025 | $91 |
| Oct 31, 2025 | $83 |
| Nov 30, 2025 | $65 |
| Dec 31, 2025 | $65 |
| Jan 31, 2026 | $59 |
| Feb 28, 2026 | $42 |
| Mar 31, 2026 | $45 |
| Apr 30, 2026 | $49 |
| May 31, 2026 | $44 |
| Jun 30, 2026 | $34 |
| Jul 31, 2026 | $42 |
| Aug 31, 2026 | $53 |
| Sep 30, 2026 | $58 |
| Oct 27, 2026 (latest) | $50 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $1.94m |
| Dec 31, 2024 | $165,779 |
| Dec 31, 2025 | $65 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/tethys-perpetual
Frequently asked questions
What is Tethys Perpetual's TVL?
As of Oct 27, 2026, Tethys Perpetual has $51.23 in total value locked. TVL has decreased 11.7% over the past 30 days.
What chains does Tethys Perpetual operate on?
Tethys Perpetual operates on Metis. Metis holds the largest share at 100%.
How does Tethys Perpetual's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Tethys Perpetual ranks #246 by TVL. The category holds $1.971b across 426 protocols, and Tethys Perpetual accounts for <0.1% of that total. Similar protocols include Zeno Exchange, UniDex Perp, zkEra Finance, Jupiter Perpetual Exchange, GMX EVM, Hyperliquid HLP, Lighter Robinhood Perps, Extended Perps, Lighter LLP, and dYdX V4.