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Denaria

Total Value Locked$187

TVL by Chain

Linea$187

Key Metrics

Fees 30d$5,489
Fees 30d by chain

Arbitrum$5,489

Linea$0

Fees 7d$173.17

Arbitrum$173.17

Fees 24h$52.68

Arbitrum$52.68

Cumulative Fees$5,746

Arbitrum$5,624

Linea$122

Revenue 30d$5,489
Revenue 30d by chain

Arbitrum$5,489

Linea$0

Revenue 7d$173.17

Arbitrum$173.17

Revenue 24h$52.68

Arbitrum$52.68

Cumulative Revenue$5,746

Arbitrum$5,624

Linea$122

Holders Revenue 30d$0
Holders Revenue 30d by chain

Arbitrum$0

Holders Revenue 7d$0

Arbitrum$0

Holders Revenue 24h$0

Arbitrum$0

Cumulative Holders Revenue$0

Arbitrum$0

Perp Volume 30d$2.55m
Perp Volume 30d by chain

Arbitrum$2.55m

Linea$0

Perp Volume 7d$1m

Arbitrum$1m

Perp Volume 24h$312,272

Arbitrum$312,272

Cumulative Perp Volume$11.98m

Linea$7.9m

Arbitrum$4.09m

$33,428

Protocol Information

Denaria is a mobile-first perpetuals trading app for BTC and other assets. Trading settles on GMX V2 on Arbitrum One; Denaria's original virtual-AMM engine on Linea is now sunset.

WebsiteX/Twitter
Category:Derivatives
Products:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Denaria vAMM - Denaria Perp trading fees (fees + slippage) derived from ExecutedTrade, summed across PerpPair deployments.View code on GitHubDenaria GMX - Fees collected by Denaria: the GMX UI fee charged on Denaria orders, the affiliate reward earned by the DENARIA referral code on GMX position fees, and the flat per-operation service fee paid to the Denaria fee wallet. GMX position, borrowing and funding fees are not Denaria fees and are counted under GMX V2 Perps.View code on GitHub

Revenue:

Denaria vAMM - All the fees are revenue.View code on GitHubDenaria GMX - All Denaria fees (GMX UI fees, affiliate rewards, service fees) are revenue.View code on GitHub

Holders Revenue:

Denaria vAMM - Fees going to governance token holdersView code on GitHubDenaria GMX - None: Denaria has no token.View code on GitHub

Perp Volume: Notional volume of all trades including leverage on the perp exchange

Hacks

Date: Apr 5, 2026

Protocol: Denaria vAMM

Amount: $165,618

Classification: Oracle Manipulation

Technique: Spot Price Manipulation

Chains: Linea

Language: Solidity

Target Type: DeFi Protocol

Competitors

Contango V2 ($12.38m)Lynx ($156,161)MYX Finance ($103,644)Satori Perp ($10,150)LogX V2 ($41.17)RubyDex ($24.12)GMX V2 Perps ($210.35m)AZverse Perps ($52.01m)Apex Omni ($31.11m)Aevo Perps ($15.25m)

Frequently Asked Questions

What is Denaria's TVL?

Denaria currently has $187 in total value locked. TVL has increased 0% over the past 30 days.

What chains does Denaria operate on?

Denaria operates on 2 chains: Linea and Arbitrum. Linea holds the largest share at 100%.

How much has Denaria generated in fees and revenue?

Over the past 30 days, Denaria generated $5,489 in fees. Of that, $5,489 was protocol revenue. Based on the trailing year, the annualized rate is $13,407 in fees and $13,407 in revenue.

How does Denaria's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Denaria ranks #420 by TVL. The category holds $2.011b across 420 protocols, and Denaria accounts for 0% of that total. Other leading protocols include Contango V2, Lynx, MYX Finance, Satori Perp, LogX V2, RubyDex, GMX V2 Perps, AZverse Perps, Apex Omni, and Aevo Perps.

How much perpetual futures volume does Denaria process?

Denaria processed $2.55m in perpetual futures volume over the past 30 days.

Has Denaria ever been exploited?

Denaria has 1 recorded security incident. The most recent incident occurred on Apr 5, 2026 and involved $165,618. It was classified as Oracle Manipulation.