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Deridex

Total Value Locked$187.44

TVL by Chain

Algorand$187.44

Protocol Information

Deridex is a decentralized on-chain derivatives platform built on the Algorand blockchain, offering a range of leveraged financial products to users.

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Category:Derivatives

Methodology

TVL: Gathers the total USD value of all assets suppliedView code on GitHub

Competitors

Jupiter Perpetual Exchange ($774.14m)GMX V2 Perps ($210.35m)Hyperliquid HLP ($179.64m)Extended Perps ($119.6m)Lighter Robinhood Perps ($110.66m)dYdX V4 ($70.69m)AZverse Perps ($51.99m)Arcus Perps ($48.01m)dYdX V3 ($37.88m)Apex Omni ($31.11m)

Frequently Asked Questions

What is Deridex's TVL?

Deridex currently has $187.44 in total value locked. TVL has increased 0.2% over the past 30 days.

What chains does Deridex operate on?

Deridex operates on Algorand. Algorand holds the largest share at 100%.

How does Deridex's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Deridex ranks #233 by TVL. The category holds $2.01b across 420 protocols, and Deridex accounts for <0.1% of that total. Other leading protocols include Jupiter Perpetual Exchange, GMX V2 Perps, Hyperliquid HLP, Extended Perps, Lighter Robinhood Perps, dYdX V4, AZverse Perps, Arcus Perps, dYdX V3, and Apex Omni.