Hakka Finance

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Hakka Finance's governance or utility token carries a market capitalisation of 592.387,6 $ based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (592.387,6 $) is small relative to deposits secured by the protocol (5,1 Mio. $); a mcap/TVL multiple of 0.12× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token. A further 32.307,3 $ sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Hakka Finance is a Derivatives protocol where traders open leveraged, perpetual, or option positions priced off oracle feeds and settled in collateral held by the contract. It is deployed across 2 chains, including Ethereum, Binance. No public audit reports are listed on DeFiLlama for this protocol.

Hakka Finance operates on 2 networks (Ethereum, Binance), keeping its surface area narrower than chain-agnostic peers. Roughly 100% of its on-chain value sits on just three networks (Ethereum, Ethereum-staking, staking), so a fault on any one of them would affect a large slice of users. Price feeds come from a single oracle provider (Chainlink); an outage or manipulation of that feed would propagate into every market the protocol prices. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap (592.387,6 $) is small relative to TVL (5,1 Mio. $) — a mcap/TVL ratio of 0.12 is often read as the token being structurally undervalued versus the activity it secures.

Verified external resources for Hakka Finance — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Hakka Finance is one of 7 Derivatives protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Jupiter Perpetual Exchange, Hyperliquid HLP, Drift Trade, and 3 more. These peer protocols collectively secure 2,3 Mrd. $ in deposits, giving you a frame of reference for whether Hakka Finance's own TVL is at the top, middle, or tail of the category.

Jupiter Perpetual Exchange

TVL 910,6 Mio. $ · 24h -0.27%

Hyperliquid HLP

TVL 431,7 Mio. $ · 24h +0.11%

Drift Trade

TVL 334,4 Mio. $ · 24h +0.22%

GMX V2 Perps

TVL 267,5 Mio. $ · 24h -0.08%

Extended

TVL 196,4 Mio. $ · 24h +0.06%

dYdX V4

TVL 125,3 Mio. $ · 24h +0.58%