Toros

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

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

Aggregates total value of each Toros vault on Polygon, Optimism, Arbitrum, Base and Ethereum

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Toros is published as a versioned release inside the Dhedge protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

Toros ist eine versionierte Variante einer größeren Protokollfamilie. Öffne das übergeordnete Protokoll für den kombinierten TVL und alle Geschwister-Versionen.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Jul 5, 2022
   Auf DeFiLlama gelistet
2. Aug 5, 2025
   First Ethereum Mainnet Leveraged Tokens Released
3. Jul 24, 2025
   Removal of Yield Products to Focus on Derivatives
4. Jul 22, 2025
   Protected Leveraged Tokens Using Options Release
5. Jun 24, 2025
   First 1X Leveraged Tokens Release
6. May 19, 2025
   Limit Orders Release
7. May 7, 2025
   First GMX Leveraged Tokens Release
8. Jan 29, 2024
   First Base Vault Release
9. Dec 1, 2023
   First Arbitrum Vault Release
10. Nov 3, 2023
    Leverage Tokens on Optimism Release
11. Jan 18, 2023
    Optimism Incentives Start

Toros 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 5 chains, including Arbitrum, Optimism, Base, Ethereum and 1 other chain. The codebase has partial audit coverage; review the linked reports before trusting it with large positions. DeFiLlama tracks 10 historical events for this protocol since 2023.

Toros runs a multi-chain deployment, with smart contracts live on 5 networks. Roughly 97% of its on-chain value sits on just three networks (Arbitrum, Optimism, Base), 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.

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

Toros 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 Toros'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%