Ask about ZO · freeTotal Value Locked$828,179
TVL by Chain
Sui$828,179
Key Metrics
Fees 30d$187,082
Fees 30d by chain
Sui$187,082
Fees 7d$3,083
Sui$3,083
Fees 24h$106.91
Sui$106.91
Cumulative Fees$2.26m
Sui$2.26m
Revenue 30d$2,270
Revenue 30d by chain
Sui$2,270
Revenue 7d$484.02
Sui$484.02
Revenue 24h$25.73
Sui$25.73
Cumulative Revenue$508,215
Sui$508,215
Perp Volume 30d$32.95m
Perp Volume 30d by chain
Sui$32.95m
Perp Volume 7d$8.97m
Sui$8.97m
Perp Volume 24h$359,638
Sui$359,638
Cumulative Perp Volume$2.782b
Sui$2.782b
Open Interest$61,587
Protocol Information
ZO is the first intelligent perpetual protocol built on Sui that offers you agent enhanced and automated perpetual trading experience
- Sudo PerpsDerivatives
- ZO PerpsDerivatives
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees: Fees paid by usersView code on GitHubRevenue: Treasury and token holders revenueView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchange
Competitors
ZO history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 19, 2024 to Oct 27, 2026.
All-time high TVL: $14.37m on Oct 7, 2025. All-time low TVL: $183,843 on Aug 6, 2024.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $3.13m |
| Sep 29, 2026 | $2.79m |
| Sep 30, 2026 | $2.77m |
| Oct 1, 2026 | $1.05m |
| Oct 2, 2026 | $1.05m |
| Oct 3, 2026 | $1.02m |
| Oct 4, 2026 | $1.05m |
| Oct 5, 2026 | $1.07m |
| Oct 6, 2026 | $1.08m |
| Oct 7, 2026 | $1.05m |
| Oct 8, 2026 | $1.02m |
| Oct 9, 2026 | $960,513 |
| Oct 10, 2026 | $976,157 |
| Oct 11, 2026 | $959,825 |
| Oct 12, 2026 | $1.01m |
| Oct 13, 2026 | $919,806 |
| Oct 14, 2026 | $932,420 |
| Oct 15, 2026 | $911,963 |
| Oct 16, 2026 | $917,590 |
| Oct 17, 2026 | $906,493 |
| Oct 18, 2026 | $872,952 |
| Oct 19, 2026 | $884,625 |
| Oct 20, 2026 | $877,611 |
| Oct 21, 2026 | $889,338 |
| Oct 22, 2026 | $887,807 |
| Oct 23, 2026 | $853,742 |
| Oct 24, 2026 | $840,257 |
| Oct 25, 2026 | $833,133 |
| Oct 26, 2026 | $823,573 |
| Oct 27, 2026 | $823,530 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $553,124 |
| Dec 31, 2024 | $494,674 |
| Jan 31, 2025 | $662,022 |
| Feb 28, 2025 | $655,883 |
| Mar 31, 2025 | $567,363 |
| Apr 30, 2025 | $1.54m |
| May 31, 2025 | $1.34m |
| Jun 30, 2025 | $1.33m |
| Jul 31, 2025 | $1.68m |
| Aug 31, 2025 | $1.6m |
| Sep 30, 2025 | $13.17m |
| Oct 31, 2025 | $1.11m |
| Nov 30, 2025 | $1.04m |
| Dec 31, 2025 | $1.33m |
| Jan 31, 2026 | $1.35m |
| Feb 28, 2026 | $2.8m |
| Mar 31, 2026 | $5.52m |
| Apr 30, 2026 | $7.37m |
| May 31, 2026 | $7.6m |
| Jun 30, 2026 | $5.51m |
| Jul 31, 2026 | $3.42m |
| Aug 31, 2026 | $3.11m |
| Sep 30, 2026 | $2.77m |
| Oct 27, 2026 (latest) | $823,530 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $494,674 |
| Dec 31, 2025 | $1.33m |
Fees and revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Nov 2024 | $82,704 | $20,559 |
| Dec 2024 | $101,938 | $25,456 |
| Jan 2025 | $91,126 | $22,709 |
| Feb 2025 | $94,702 | $23,428 |
| Mar 2025 | $83,131 | $20,761 |
| Apr 2025 | $42,321 | $12,944 |
| May 2025 | $70,592 | $19,344 |
| Jun 2025 | $76,575 | $20,156 |
| Jul 2025 | $291,925 | $61,046 |
| Aug 2025 | $256,646 | $67,267 |
| Sep 2025 | $142,728 | $34,392 |
| Oct 2025 | $221,265 | $56,350 |
| Nov 2025 | $40,116 | $10,836 |
| Dec 2025 | $20,463 | $4,522 |
| Jan 2026 | $37,621 | $8,273 |
| Feb 2026 | $16,477 | $3,803 |
| Mar 2026 | $31,656 | $6,640 |
| Apr 2026 | $28,374 | $3,380 |
| May 2026 | $12,787 | $2,898 |
| Jun 2026 | $11,122 | $2,743 |
| Jul 2026 | $12,822 | $3,138 |
| Aug 2026 | $13,994 | $3,010 |
| Sep 2026 | $187,787 | $3,002 |
| Oct 2026 (to date) | $8,961 | $1,585 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/zo
Frequently asked questions
What is ZO's TVL?
As of Oct 27, 2026, ZO has $828,179 in total value locked. TVL has decreased 72.8% over the past 30 days.
How much has ZO generated in fees and revenue?
Over the past 30 days, ZO generated $187,082 in fees. Of that, $2,270 was protocol revenue. Based on the trailing year, the annualized rate is $439,712 in fees and $58,547 in revenue.
How does ZO's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, ZO ranks #53 by TVL. The category holds $1.972b across 425 protocols, and ZO accounts for <0.1% of that total. Similar protocols include DipCoin Perps, Bluefin Pro, WaterX, Astros Perp, Typus Perp, ABEx Finance, Bluefin Legacy, Jupiter Perpetual Exchange, GMX EVM, and Hyperliquid HLP.
How much perpetual futures volume does ZO process?
ZO processed $32.95m in perpetual futures volume over the past 30 days.