RFX Exchange V2

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.

Counts the total liquidity allocated by the RFX v2 Smart Liquidity Vaults

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

RFX Exchange V2 is published as a versioned release inside the Rfx Exchange 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.

RFX Exchange V2 est une version au sein d'une famille de protocoles plus large. Ouvrez le protocole parent pour la TVL combinée et toutes les versions sœurs.

Événements majeurs signalés par la communauté DeFiLlama — lancements de protocole, exploits, changements de gouvernance et programmes d'incitations.

1. Mar 17, 2025
   Listé sur DeFiLlama

RFX Exchange V2 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 zkSync Era, Sonic. The codebase has been independently audited (1 report on file).

RFX Exchange V2 operates on 2 networks (zkSync Era, Sonic), keeping its surface area narrower than chain-agnostic peers. Its TVL is heavily concentrated on zkSync Era, which holds 100% of all assets — other deployments are comparatively small. Price discovery relies on 2 oracle providers (Pyth, Stork), which diversifies the data-feed surface but also expands the set of third parties users implicitly trust. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

Verified external resources for RFX Exchange V2 — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

RFX Exchange V2 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 Md $US in deposits, giving you a frame of reference for whether RFX Exchange V2's own TVL is at the top, middle, or tail of the category.

Jupiter Perpetual Exchange

TVL 910,6 M $US · 24h -0.27%

Hyperliquid HLP

TVL 431,7 M $US · 24h +0.11%

Drift Trade

TVL 334,4 M $US · 24h +0.22%

GMX V2 Perps

TVL 267,5 M $US · 24h -0.08%

Extended

TVL 196,4 M $US · 24h +0.06%

dYdX V4

TVL 125,3 M $US · 24h +0.58%