waveX
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Protocol TVL
About waveX
Trade with high leverage, zero price impact, and access deep liquidity. Earn potential yields by simply depositing assets as a liquidity provider.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Security & Audits
Oracles supply external price data to on-chain contracts. Oracle compromise is a common attack vector — diversified providers reduce single-point-of-failure risk.
waveX Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Feb 6, 2025Listed on DeFiLlama
Protocol Profile
waveX 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 on Soneium.
TVL Distribution by Chain
Supported Chains
Protocol Footprint
waveX is a single-chain protocol, deployed exclusively on Soneium — this concentrates execution risk but simplifies the trust model. Price discovery relies on 2 oracle providers (Pyth, Chainlink), which diversifies the data-feed surface but also expands the set of third parties users implicitly trust.
Official Resources & Links
Verified external resources for waveX — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Derivatives protocols on Mantapex
waveX 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 waveX's own TVL is at the top, middle, or tail of the category.
Recent waveX news
Latest reporting from major crypto news outlets covering waveX.
- CryptoPotato
Wave 3 Setup? Ethereum (ETH) Price Dips to Ideal Buy Zone
Ethereum falls to $2.8K as traders watch a key wave pattern and support zone, with $9K potential if the structure plays out again.
- NewsBTC
Wave 3 Target Suggests That The XRP Price Is Headed For $10
Crypto analyst XForce has predicted that the XRP price could rally to $10 on a wave 3 impulsive move to the upside. The analyst also indicated that the bottom was in for XRP even…
- CryptoPotato
Ripple (XRP) Pauses After Chaos: Is Wave 5 Still Coming or a New Bull Trend Emerging?
Wave 4 pause hints at one final leg down before a major bullish reversal for XRP.
- Coin Idol
Waves (WAVES): Widely Adopted For Token Creation
Waves has been widely adopted for token creation and crowdfunding purposes due to its simplicity and low cost.
- CryptoPotato
Could Ripple (XRP) Hit New All-Time Highs? Wave 3 Setup Suggests So
Wave 3 setup emerges as XRP's consolidation ends, which could launch the asset toward new all-time highs.
- The Block
Wave of short liquidations drives ETH past $3,600 as analyst calls price shift a ‘regime change'
Ethereum jumped past $3,600 as over $136 million in shorts were wiped out and traders piled into $4K call options on regulatory and ETF momentum.
- NewsBTC
Wave 3 Ignites As XRP Breaks Structure—Analyst Says ‘Fireworks Ahead'
Hours after Ripple Labs said it would abandon its long-running appeal in its securities case with the US Securities and Exchange Commission, watched market technician CasiTrades…
- Cryptonews
Waves Protocol's Units.Network Raises $10M as AI-Blockchain Market Heats Up
Units.Network, a Layer-1 blockchain leveraging Waves Protocol, has secured $10M from Nimbus Capital as it advances AI-blockchain convergence. Funds will boost validator capacity,…
Related protocols
Other DeFi protocols connected to waveX by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Derivatives protocols
Top protocols on Soneium
Fork lineage & related versions
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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