Ask about Decibel · freeTotal Value Locked$29.48m
TVL by Chain
Aptos$29.48m
Key Metrics
Fees 30d$617,196
Fees 30d by chain
Aptos$617,196
Fees 7d$191,894
Aptos$191,894
Fees 24h$22,942
Aptos$22,942
Cumulative Fees$3.27m
Aptos$3.27m
Revenue 30d$617,196
Revenue 30d by chain
Aptos$617,196
Revenue 7d$191,894
Aptos$191,894
Revenue 24h$22,942
Aptos$22,942
Cumulative Revenue$3.27m
Aptos$3.27m
Perp Volume 30d$1.284b
Perp Volume 30d by chain
Aptos$1.284b
Perp Volume 7d$294.22m
Aptos$294.22m
Perp Volume 24h$45.22m
Aptos$45.22m
Cumulative Perp Volume$7.932b
Aptos$7.932b
$2.71m
Protocol Information
Decibel is a composable, onchain trading engine for spot, perps, and yield opportunities.
Methodology
TVL: TVL is the total USDC collateral in the Decibel perp engine plus USDC in the predeposit vault.View code on GitHubFees: Trading fees charged on every fill. Takers always pay, between 0.034% and 0.018% depending on their 30-day volume, and makers pay between 0.011% and 0% until they reach the top volume tiers. Also includes USDC and USDCbl paid into Decibel's fee treasury from outside the exchange.View code on GitHubRevenue: Everything Decibel charges, minus any maker rebates it nets out, plus the treasury deposits.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What is Decibel's TVL?
Decibel currently has $29.48m in total value locked. TVL has decreased 0.2% over the past 30 days.
What chains does Decibel operate on?
Decibel operates on Aptos. Aptos holds the largest share at 100%.
How much has Decibel generated in fees and revenue?
Over the past 30 days, Decibel generated $617,196 in fees. Of that, $617,196 was protocol revenue. Based on the trailing year, the annualized rate is $5.3m in fees and $5.3m in revenue.
How does Decibel's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Decibel ranks #11 by TVL. The category holds $2.01b across 420 protocols, and Decibel accounts for 1.5% of that total. Other leading protocols include TsunamiX, Thetis Perps, Mirage Protocol, AGDEX, Jupiter Perpetual Exchange, GMX V2 Perps, Hyperliquid HLP, Extended Perps, Lighter Robinhood Perps, and dYdX V4.
How much perpetual futures volume does Decibel process?
Decibel processed $1.284b in perpetual futures volume over the past 30 days.