⌘K

Wasabi

Total Value Locked$82.83m

Chain Breakdown
Blast	$81.08m
Ethereum	$1.75m

USD ETH

Information

Protocol Information

Wasabi is a leverage trading protocol: Long, short, and earn on your favorite long tail assets such as memecoins and NFTs. Wasabi’s asset-backed perps keep the position value closely pegged to the underlying asset, reflecting the true price action on your PnL. It also generates additional downstream effects such as moving the spot price with leverage, listing pairs as soon as they launch, and generating low-risk yield opportunities through single sided staking

Category: Derivatives

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Token Information

Methodology

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Competitors

Derive V2 ($46.62m)SynFutures V3 ($24.91m)Blitz Perps ($19.68m)HMX ($17.93m)BFX (Blast Futures) ($13.52m)Jupiter Perpetual Exchange ($719.8m)Hyperliquid Perp ($590.35m)Drift Trade ($381.61m)GMX V2 Perps ($354.57m)dYdX V3 ($186.61m)