Vest Markets
View exchange statsTotal Value Locked$297,452
TVL by Chain
Ethereum$147,039
Arbitrum$125,628
BSC$19,768
Base$3,276
OP Mainnet$883.69
Polygon$601.96
ZKsync Era$256.46
Key Metrics
Fees 30d$33,197
Fees 30d by chain
Off Chain$33,197
Fees 7d$2,120
Off Chain$2,120
Fees 24h$151
Off Chain$151
Cumulative Fees$5.66m
Off Chain$5.66m
Revenue 30d$0
Revenue 30d by chain
Off Chain$0
Revenue 7d$0
Off Chain$0
Revenue 24h$0
Off Chain$0
Cumulative Revenue$0
Off Chain$0
Perp Volume 30d$2.388b
Perp Volume 30d by chain
Off Chain$2.388b
Perp Volume 7d$495.84m
Off Chain$495.84m
Perp Volume 24h$210.72m
Off Chain$210.72m
Cumulative Perp Volume$20.958b
Off Chain$18.536b
Base$2.422b
$93.1m
Total Raised$18m
Jan 29, 2023Round: SeedInvestors: Jane Street, QCP Capital, Big Brain Holdings, AscendEX, Builder Capital, Infinity Ventures Crypto, Robert Chen, Pear VC, Cogitent Ventures, Moonshot Research, Fugazi Labs
Mar 11, 2025$5mRound: Investors: Jane Street, Selini Capital, Amber Group, QCP Capital, Big Brain Holdings, Mozaik Capital
Oct 7, 2026$13mRound: SeedInvestors: Portal Ventures
Protocol Information
Vest Exchange is a next generation Perps DEX that ensures the most capital efficient liquidity, and fairest pricing for traders and LPs.
Audits:
Methodology
TVL: Total USDC locked in the Vest Exchange.View code on GitHubFees: Trading Fees paid by perp market tradersView code on GitHubRevenue: No RevenueView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What is Vest Markets' TVL?
Vest Markets currently has $297,452 in total value locked. TVL has increased 4.6% over the past 30 days.
What chains does Vest Markets operate on?
Vest Markets operates on 8 chains: Ethereum, Arbitrum, BSC, Base, and OP Mainnet and 3 others. Ethereum holds the largest share at 49.4%.
How much has Vest Markets generated in fees and revenue?
Over the past 30 days, Vest Markets generated $33,197 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $2.87m in fees.
How does Vest Markets' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Vest Markets ranks #76 by TVL. The category holds $2.002b across 420 protocols, and Vest Markets accounts for <0.1% of that total. Other leading protocols include Contango V2, Lynx, RubyDex, ApeX Pro, UniDex Perp, Defx, Satori Perp, Apex Omni, Aevo Perps, and Derive V2.
How much perpetual futures volume does Vest Markets process?
Vest Markets processed $2.388b in perpetual futures volume over the past 30 days.

