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On-chain protocol liquidity profile

dYdX V4

Derivatives · dYdX

$76.27Mreported nominal TVL

dYdX V4's reported nominal TVL changed -0.3% over seven days, inside the steady band. Users paid $9.8K in fees over 24 hours, a +4.7% annualized paid-activity read against the reported TVL snapshot. Fees do not prove persistent demand or tokenholder value capture.

What this page answers

dYdX V4 reports $76.27M in nominal USD TVL across 1 chain. Bathymark classifies it as Derivatives,reads its seven-day nominal TVL tide as -0.3%, and joins that TVL context to fees, retained revenue, DEX volume, leverage, and token price where configured rows exist. Token-price effects are not removed from the TVL tide.

DeFi liquidity tracker What TVL means Data source and limits

Live operating read

Nominal TVL is the starting depth proxy. The read gets sharper when the same slug also has user fees, retained revenue, trading turnover, or leverage pressure in open data.

protocol desk

holding steady

dYdX V4's reported nominal TVL changed -0.3% over seven days, inside the steady band.

#276overall depth rank#6Derivatives rank1chains listed

pressure channels

7d nominal TVL tide-0.3%

Fee run-rate vs TVL+4.7%

Revenue run-rate vs TVL+4.7%

Open interest vs TVL+63.4%

Receipts and pressure

Fee run-rate

+4.7%

24h fees annualized against the visible TVL snapshot.

Take rate

+100.0%

7d retained revenue as a share of 7d fees.

Leverage pressure

+63.4%

Open interest against the visible TVL snapshot.

Desk notes

Reported TVL base

dYdX V4 ranks #276 by reported nominal TVL. Inside Derivatives, it ranks #6 among the comparable rows Bathymark reads.

Paid-activity receipts

dYdX V4 generated $44.6K in fees over 7 days. Fees are user payments, not token price direction.

Retained revenue

dYdX V4 retained $214.8K over 30 days, roughly +100.0% of 7-day fees.

Sails on

The chains this protocol operates across.

dYdX

Nearby depth

Other Derivatives rows in the same DeFiLlama category, shown so the absolute number has context.

dYdX V4$76.27M Jupiter Perpetual Exchange$694.9M Hyperliquid HLP$204.58M GMX V2 Perps$173.87M Extended Perps$122.45M Derive V2$116.92M dYdX V3$37.81M

How to read dYdX V4 TVL

Current nominal TVL

The current reported TVL is $76.27M. Bathymark uses it as a depth proxy, not a measurement of exit liquidity or price-adjusted deposits.

Operating receipts

$9.8K of fees were visible over 24 hours, and $44.6K over 7 days.

Chain coverage

dYdX V4 is listed across 1 chains in the current source snapshot.

What it cannot mean

A TVL move can be caused by deposits, withdrawals, incentives, or asset repricing. Fee, revenue, and volume rows help, but none of them make this financial advice.

Reported nominal TVL comes from the open DeFiLlama protocol list. Operating rows come from DeFiLlama fees, revenue, DEX, open-interest, and coins endpoints when the same slug is present. Bathymark deliberately avoids the heavy per-protocol history endpoint on this page so the long tail stays fast and cheap to serve.

Open data used

live

DeFiLlama protocols

Nominal USD TVL, category, chain coverage, and reported tide

live

DeFiLlama fees

24h and 7d user fees

live

DeFiLlama revenue

24h, 7d, and 30d retained revenue

live

DeFiLlama open interest

Visible perp open interest

Questions this page answers

What is dYdX V4 TVL in this snapshot?

dYdX V4 reports $76.27M in nominal USD TVL in Bathymark's current open-data read. That is a depth proxy, not measured exit liquidity.

Is dYdX V4 nominal TVL rising or falling?

dYdX V4 is holding steady over 7 days, with a nominal TVL tide of -0.3%. Token-price effects are not removed.

Which chains does dYdX V4 operate on?

dYdX V4 is listed across dYdX.

What category is dYdX V4 in?

dYdX V4 is classified as Derivatives in the open protocol list Bathymark reads.

Read deeper

Liquidity TVL Liquidity Tide, nominal TVL The Current

Taking the sounding

On-chain protocol liquidity profile

dYdX V4

Derivatives · dYdX

$76.27Mreported nominal TVL

What this page answers

DeFi liquidity tracker What TVL means Data source and limits

Live operating read

Nominal TVL is the starting depth proxy. The read gets sharper when the same slug also has user fees, retained revenue, trading turnover, or leverage pressure in open data.

protocol desk

holding steady

dYdX V4's reported nominal TVL changed -0.3% over seven days, inside the steady band.

#276overall depth rank#6Derivatives rank1chains listed

pressure channels

7d nominal TVL tide-0.3%

Fee run-rate vs TVL+4.7%

Revenue run-rate vs TVL+4.7%

Open interest vs TVL+63.4%

Receipts and pressure

Fee run-rate

+4.7%

24h fees annualized against the visible TVL snapshot.

Take rate

+100.0%

7d retained revenue as a share of 7d fees.

Leverage pressure

+63.4%

Open interest against the visible TVL snapshot.

Desk notes

Reported TVL base

dYdX V4 ranks #276 by reported nominal TVL. Inside Derivatives, it ranks #6 among the comparable rows Bathymark reads.

Paid-activity receipts

dYdX V4 generated $44.6K in fees over 7 days. Fees are user payments, not token price direction.

Retained revenue

dYdX V4 retained $214.8K over 30 days, roughly +100.0% of 7-day fees.

Sails on

The chains this protocol operates across.

dYdX

Nearby depth

Other Derivatives rows in the same DeFiLlama category, shown so the absolute number has context.

dYdX V4$76.27M Jupiter Perpetual Exchange$694.9M Hyperliquid HLP$204.58M GMX V2 Perps$173.87M Extended Perps$122.45M Derive V2$116.92M dYdX V3$37.81M

How to read dYdX V4 TVL

Current nominal TVL

The current reported TVL is $76.27M. Bathymark uses it as a depth proxy, not a measurement of exit liquidity or price-adjusted deposits.

Operating receipts

$9.8K of fees were visible over 24 hours, and $44.6K over 7 days.

Chain coverage

dYdX V4 is listed across 1 chains in the current source snapshot.

What it cannot mean

A TVL move can be caused by deposits, withdrawals, incentives, or asset repricing. Fee, revenue, and volume rows help, but none of them make this financial advice.

Open data used

live

DeFiLlama protocols

Nominal USD TVL, category, chain coverage, and reported tide

live

DeFiLlama fees

24h and 7d user fees

live

DeFiLlama revenue

24h, 7d, and 30d retained revenue

live

DeFiLlama open interest

Visible perp open interest

Questions this page answers

What is dYdX V4 TVL in this snapshot?

dYdX V4 reports $76.27M in nominal USD TVL in Bathymark's current open-data read. That is a depth proxy, not measured exit liquidity.

Is dYdX V4 nominal TVL rising or falling?

dYdX V4 is holding steady over 7 days, with a nominal TVL tide of -0.3%. Token-price effects are not removed.

Which chains does dYdX V4 operate on?

dYdX V4 is listed across dYdX.

What category is dYdX V4 in?

dYdX V4 is classified as Derivatives in the open protocol list Bathymark reads.

Read deeper

Liquidity TVL Liquidity Tide, nominal TVL The Current