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ProtocolsMorphex V2

INCLUDE IN TVL:

Morphex V2 (MPX)

Total Value Locked
$1,309,786  .csv
Chain Breakdown
Fantom$1,308,722
BSC$1,064
Include in TVL (optional)
$402,755
Staked
$402,755
$497,713
$22.41m
USDFTM

Protocol Information

Decentralized perpetual exchange, powered by Fantom.

Category:Derivatives

Forked from:GMX V1

Website Twitter

Token Information

Address:0x66eed5...5e27b1

View on FTMscan

Methodology

TVL: Morphex liquidity is calculated by the value of tokens in the MLP pool. TVL also includes MPX staked.

Fees: Fees from open/close position (0.1%), liquidations, swap (0.2% to 0.8%), mint and burn (based on tokens balance in the pool) and borrow fee ((assets borrowed)/(total assets in pool)*0.01%)

Revenue: Governance revenue is 30% of all collected fees, which are distributed to MPX stakers

TVL codeFees and Revenue codeVolume code

Competitors

MUX Protocol ($26.43m)Mummy Finance ($2,529,439)UniDex ($647,626)Equity ($609,651)Lynx ($382,473)Jupiter Perpetual Exchange ($442.06m)Hyperliquid Perp ($391.03m)GMX V2 ($388.24m)Drift ($369.55m)dYdX V3 ($309.94m)