⌘K

Covo V1 (COVO)

Total Value Locked$0.94

Chain Breakdown
Polygon	$0.94

USD MATIC

Information

Protocol Information

Covo V1 is a decentralized trading platform that offers spot and perpetual trading with low swap fees and zero market impact. The platform offers a maximum leverage of 50x on major cryptos and is backed by a singular multi-asset pool that generates income for liquidity providers through fees garnered from market making, swap transactions, leveraged trading (including spreads, funding fees, and liquidations), and rebalancing of assets

Category: Derivatives

Forked from:GMX V1

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Token Information

Address:polygon:...cebf53

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Methodology

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Competitors

ApeX Pro ($88.03m)Contango V2 ($32.89m)Gains Network ($20.99m)HMX ($17.83m)Vest Exchange ($1.24m)Jupiter Perpetual Exchange ($714.47m)Hyperliquid Perp ($587.8m)Drift Trade ($381.25m)GMX V2 Perps ($353.75m)dYdX V3 ($186.47m)