⌘K

Lemma

Total Value Locked

Chain Breakdown
Optimism	$311,666

TVLUSD InflowsTweets

USD ETH

Protocol Information

Lemma is a decentralized finance (DeFi) protocol with two products: leveraged basis trading vault and USDL, a stablecoin that is fully decentralized, 100% capital efficient and USD pegged. It also has a spot exchange that allows traders to swap spot assets using perpetual futures markets much deeper liquidity called LemmaSwap.

Category:Derivatives

Audits

Website Twitter

Methodology

TVL code

Competitors

ApeX Pro ($88.28m)Aevo Perps ($50.94m)Derive V2 ($48.11m)MUX Perps ($43.18m)Contango V2 ($38.38m)Jupiter Perpetual Exchange ($720.48m)Hyperliquid Perp ($580.08m)Drift Trade ($388.47m)GMX V2 Perps ($366.33m)dYdX V3 ($186.31m)