Live Data
Perpetual futures TVL rankings
Total value locked across derivatives protocols, tracked in real time. Filter by chain, sort by TVL or growth, and compare market share.
Total TVL (Derivatives)
$10.51b
24h Change (weighted)
+0.20%
Protocols
30
| # | Volume 24h | Details | ||||
|---|---|---|---|---|---|---|
| 1 | $7.13b | +0.28% | — | Details | ||
| 2 | $811.0m | -1.78% | — | Details | ||
| 3 | $658.7m | -0.44% | — | Details | ||
| 4 | $533.5m | +2.10% | — | Details | ||
| 5 | $212.8m | +0.11% | — | Details | ||
| 6 | $186.2m | -2.23% | — | Details | ||
| 7 | $182.8m | -0.18% | — | Details | ||
| 8 | $119.2m | +0.23% | — | Details | ||
| 9 | $112.3m | +3.78% | — | Details | ||
| 10 | $69.7m | +0.25% | — | Details | ||
| 11 | $61.4m | -0.08% | — | Details | ||
| 12 | $52.1m | +0.06% | — | Details | ||
| 13 | $38.4m | -0.26% | — | Details | ||
| 14 | $35.9m | +3.33% | — | Details | ||
| 15 | $34.4m | -1.48% | — | Details | ||
| 16 | $31.4m | -0.36% | — | Details | ||
| 17 | $29.4m | +0.55% | — | Details | ||
| 18 | $29.4m | +3.20% | — | Details | ||
| 19 | $27.2m | +2.14% | — | Details | ||
| 20 | $21.7m | -0.20% | — | Details | ||
| 21 | $20.3m | +1.23% | — | Details | ||
| 22 | $15.9m | -0.05% | — | Details | ||
| 23 | $15.3m | -0.40% | — | Details | ||
| 24 | $13.6m | -2.24% | — | Details | ||
| 25 | $13.4m | +38.99% | — | Details | ||
| 26 | $12.2m | — | — | Details | ||
| 27 | $11.4m | +1.76% | — | Details | ||
| 28 | $10.1m | -1.73% | — | Details | ||
| 29 | $9.4m | -1.01% | — | Details | ||
| 30 | $9.0m | -1.17% | — | Details |
What is TVL in perpetual futures?
Total value locked (TVL) measures the amount of capital deposited into a protocol's smart contracts. For perpetual futures DEXs, this includes margin deposits, liquidity pool funds, and staked collateral that backs trading activity.
Higher TVL generally means deeper liquidity and tighter spreads. Hyperliquid and GMX consistently rank among the top protocols by TVL. Compare TVL alongside volume rankings and fee revenue to understand where capital is flowing.
TVL data comes from DefiLlama, which tracks on-chain deposits across 300+ derivatives protocols. The 1d and 7d change columns show how TVL is trending — useful for spotting protocols gaining or losing traction. New to perp trading? Start with our guide on what perpetual futures are or learn how to trade perps on a DEX.