Ask about Zeno Exchange · freeZeno Exchange(ALT)
Total Value Locked$29,900
TVL by Chain
Metis$29,900
Key Metrics
Cumulative Fees$276,446
Cumulative Fees by chain
Metis$276,446
Cumulative Revenue$117,552
Cumulative Revenue by chain
Metis$117,552
Cumulative Holders Revenue$102,860
Cumulative Holders Revenue by chain
Metis$102,860
Cumulative Perp Volume$748.28m
Cumulative Perp Volume by chain
Metis$748.28m
Protocol Information
Premier Decentralized Perpetual Exchange With Cross-Margin, Multi-Asset Collateral, and Gasless Trading on MetisL2.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees paid by usersView code on GitHubRevenue: Treasury and token holders revenueView code on GitHubHolders Revenue: Fees going to governance token holdersView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Zeno Exchange history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 21, 2024 to Oct 27, 2026.
All-time high TVL: $596,337 on Jan 7, 2025. All-time low TVL: $28,348 on Jun 26, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $30,554 |
| Sep 29, 2026 | $30,563 |
| Sep 30, 2026 | $30,577 |
| Oct 1, 2026 | $30,610 |
| Oct 2, 2026 | $30,673 |
| Oct 3, 2026 | $30,604 |
| Oct 4, 2026 | $30,619 |
| Oct 5, 2026 | $30,708 |
| Oct 6, 2026 | $30,680 |
| Oct 7, 2026 | $30,641 |
| Oct 8, 2026 | $30,367 |
| Oct 9, 2026 | $30,177 |
| Oct 10, 2026 | $30,211 |
| Oct 11, 2026 | $30,242 |
| Oct 12, 2026 | $30,313 |
| Oct 13, 2026 | $30,179 |
| Oct 14, 2026 | $30,245 |
| Oct 15, 2026 | $30,061 |
| Oct 16, 2026 | $30,094 |
| Oct 17, 2026 | $30,065 |
| Oct 18, 2026 | $30,036 |
| Oct 19, 2026 | $30,050 |
| Oct 20, 2026 | $30,049 |
| Oct 21, 2026 | $30,118 |
| Oct 22, 2026 | $30,114 |
| Oct 23, 2026 | $30,035 |
| Oct 24, 2026 | $29,967 |
| Oct 25, 2026 | $29,928 |
| Oct 26, 2026 | $29,866 |
| Oct 27, 2026 | $29,855 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $512,862 |
| Dec 31, 2024 | $551,252 |
| Jan 31, 2025 | $194,285 |
| Feb 28, 2025 | $30,914 |
| Mar 31, 2025 | $29,790 |
| Apr 30, 2025 | $29,853 |
| May 31, 2025 | $31,520 |
| Jun 30, 2025 | $30,942 |
| Jul 31, 2025 | $34,021 |
| Aug 31, 2025 | $35,431 |
| Sep 30, 2025 | $34,864 |
| Oct 31, 2025 | $33,928 |
| Nov 30, 2025 | $31,279 |
| Dec 31, 2025 | $31,188 |
| Jan 31, 2026 | $30,656 |
| Feb 28, 2026 | $29,140 |
| Mar 31, 2026 | $29,385 |
| Apr 30, 2026 | $29,693 |
| May 31, 2026 | $29,357 |
| Jun 30, 2026 | $28,451 |
| Jul 31, 2026 | $29,032 |
| Aug 31, 2026 | $30,096 |
| Sep 30, 2026 | $30,577 |
| Oct 27, 2026 (latest) | $29,855 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $551,252 |
| Dec 31, 2025 | $31,188 |
Fees, revenue and holders revenue by UTC calendar month, Jul 2024 to Nov 2025
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jul 2024 | $1,784 | $430 | $374 |
| Aug 2024 | $34,001 | $14,556 | $12,738 |
| Sep 2024 | $54,845 | $23,260 | $20,352 |
| Oct 2024 | $43,363 | $17,980 | $15,733 |
| Nov 2024 | $49,206 | $21,180 | $18,533 |
| Dec 2024 | $45,159 | $19,625 | $17,172 |
| Jan 2025 | $47,799 | $20,483 | $17,925 |
| Feb 2025 | $288 | $38 | $33 |
| Jun 2025 | $1 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Nov 2025 | $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/zeno-exchange
Frequently asked questions
What is Zeno Exchange's TVL?
As of Oct 27, 2026, Zeno Exchange has $29,900 in total value locked. TVL has decreased 2.4% over the past 30 days.
What chains does Zeno Exchange operate on?
Zeno Exchange operates on Metis. Metis holds the largest share at 100%.
How does Zeno Exchange's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Zeno Exchange ranks #128 by TVL. The category holds $1.968b across 426 protocols, and Zeno Exchange accounts for <0.1% of that total. Similar protocols include UniDex Perp, zkEra Finance, Tethys Perpetual, Jupiter Perpetual Exchange, GMX EVM, Hyperliquid HLP, Lighter Robinhood Perps, Extended Perps, Lighter LLP, and dYdX V4.