Cyberperp

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.

IOTA EVM TVL is tracked using GMX-style vault addresses. IOTA Move TVL is calculated by querying the specific balances of the Liquidity Pool and Collateral vault objects.

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

Cyberperp's governance or utility token carries a market capitalisation of $664.6K based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token ($664.6K) above the protocol's on-chain TVL ($249.9K) — a mcap/TVL multiple of 2.66× implies investors are paying for expected future fee flows rather than current deposits alone.

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.

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Aug 20, 2024
   Listed on DeFiLlama

Cyberperp 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 IOTA, IOTA EVM. The codebase has been independently audited (1 report on file).

Cyberperp operates on 2 networks (IOTA, IOTA EVM), keeping its surface area narrower than chain-agnostic peers. Its TVL is heavily concentrated on IOTA, which holds 86% of all assets — other deployments are comparatively small. Price feeds come from a single oracle provider (Pyth); 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 ($664.6K) currently exceeds total value locked ($249.9K) — a mcap/TVL ratio of 2.66 suggests the market is pricing in more growth than current deposits support.

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

Cyberperp 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 $2.3B in deposits, giving you a frame of reference for whether Cyberperp's own TVL is at the top, middle, or tail of the category.

Jupiter Perpetual Exchange

TVL $910.6M · 24h -0.27%

Hyperliquid HLP

TVL $431.7M · 24h +0.11%

Drift Trade

TVL $334.4M · 24h +0.22%

GMX V2 Perps

TVL $267.5M · 24h -0.08%

Extended

TVL $196.4M · 24h +0.06%

dYdX V4

TVL $125.3M · 24h +0.58%