Logo of dYdX V4dYdX V4(dYdX)

View exchange stats
Total Value Locked$70.69m

TVL by Chain

dYdX$70.69m

Key Metrics

Fees 30d$274,996
Fees 30d by chain

dYdX$274,996

Fees 7d$54,792

dYdX$54,792

Fees 24h$15,951

dYdX$15,951

Cumulative Fees$64.29m

dYdX$64.29m

Revenue 30d$274,996
Revenue 30d by chain

dYdX$274,996

Revenue 7d$54,792

dYdX$54,792

Revenue 24h$15,951

dYdX$15,951

Cumulative Revenue$64.29m

dYdX$64.29m

Holders Revenue 30d$274,996
Holders Revenue 30d by chain

dYdX$274,996

Holders Revenue 7d$54,792

dYdX$54,792

Holders Revenue 24h$15,951

dYdX$15,951

Cumulative Holders Revenue$64.29m

dYdX$64.29m

Perp Volume 30d$1.261b
Perp Volume 30d by chain

dYdX$1.261b

Perp Volume 7d$263.17m

dYdX$263.17m

Perp Volume 24h$78.02m

dYdX$78.02m

Cumulative Perp Volume$377.098b

dYdX$377.098b

$38.43m

Protocol Information

dYdX Chain Mainnet, a robust blockchain built with the CosmosSDK. This documentation is diligently maintained by the dYdX Operations subDAO to provide a comprehensive resource for validators, developers, and the dYdX community at large.

WebsiteX/TwitterExchange profile
Category:Derivatives

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All trading fees collected from perpetual futures trades on dYdX v4View code on GitHubRevenue: 100% of trading fees distributed to DYDX token stakersView code on GitHubHolders Revenue: All trading fees are distributed to DYDX token stakers as staking rewardsView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Competitors

Jupiter Perpetual Exchange ($775.52m)GMX V2 Perps ($209.95m)Hyperliquid HLP ($179.73m)Extended Perps ($119.52m)Lighter Robinhood Perps ($110.87m)AZverse Perps ($52.01m)Arcus Perps ($47.69m)dYdX V3 ($37.92m)Apex Omni ($31.09m)Decibel ($29.48m)

Frequently Asked Questions

What is dYdX V4's TVL?

dYdX V4 currently has $70.69m in total value locked. TVL has increased 2% over the past 30 days.

What chains does dYdX V4 operate on?

dYdX V4 operates on dYdX. dYdX holds the largest share at 100%.

How much has dYdX V4 generated in fees and revenue?

Over the past 30 days, dYdX V4 generated $274,996 in fees. Of that, $274,996 was protocol revenue. Based on the trailing year, the annualized rate is $5.43m in fees and $5.43m in revenue.

How does dYdX V4's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, dYdX V4 ranks #6 by TVL. The category holds $2.002b across 420 protocols, and dYdX V4 accounts for 3.5% of that total. Other leading protocols include Jupiter Perpetual Exchange, GMX V2 Perps, Hyperliquid HLP, Extended Perps, Lighter Robinhood Perps, AZverse Perps, Arcus Perps, dYdX V3, Apex Omni, and Decibel.

How much perpetual futures volume does dYdX V4 process?

dYdX V4 processed $1.261b in perpetual futures volume over the past 30 days.