Perp AMM volume share, live 24h notional ranked
24h rolling notional volume in USD for AMM-style perpetual futures venues. Covers GMX V2, Gains Network, Ostium, Pacifica, SynFutures and KiloEx. Read live from each venue's public API.
TL;DR. As of , Pacifica leads 24h perp volume at $702.02M (24h) on Perp AMM volume share, live 24h notional ranked. Source: OpenChainBench, https://openchainbench.com/benchmarks/perp-amm-volume-share.
This benchmark isolates the AMM-style, pool-as-counterparty and synthetic perp DEX segment by ranking six venues: GMX V2, Gains Network, Ostium, Pacifica, SynFutures and KiloEx. These venues differ fundamentally from orderbook perps: traders open positions against a liquidity pool or a synthetic counterparty rather than a matching engine. Volume here measures where AMM-native perp flow actually settles. We poll each venue's public API every 5 minutes and publish a rolling 24h USD notional gauge per venue. The companion bench perp-volume-share covers the full cohort including orderbook venues; this one prices the AMM segment only.
Methodology
The bench polls six AMM-style perp DEX venues every 5 minutes and exposes a rolling 24h USD notional gauge per venue. Sources: GMX V2 via the public Subsquid squid (gmx.squids.live) summing Arbitrum and Avalanche 24h volume buckets; Gains Network backend REST API at stats.gains.trade; Ostium via the Ormi subgraph trade entity on Base; Pacifica onchain Solana program state; SynFutures and KiloEx via CoinGecko's public derivatives exchange endpoint (trade_volume_24h_btc converted to USD via BTC spot price). Each value carries a freshness timestamp and a health gauge. Higher is better.
Frequently asked
What makes a perp venue AMM-style?
AMM-style perps use a liquidity pool or a synthetic counterparty as the other side of every trade instead of a matching engine pairing two human orders. GMX uses GM pools (liquidity providers take the other side), Gains Network uses a synthetic model where the protocol is the counterparty, Pacifica uses a dynamic AMM on Solana, and Ostium uses real-world asset collateral pools.
How does this differ from perp-volume-share?
perp-volume-share covers the full cohort including orderbook venues (Hyperliquid, dYdX, Lighter, GRVT etc.). This bench isolates AMM-style venues so the comparison is within a single execution model.
Why not include Variational?
Variational's public API (api.variational.io) fails to resolve. No authenticated or public alternative endpoint currently provides rolling 24h volume. The venue will be added once a reliable source becomes available.
Why not include Drift or Jupiter Perps?
Drift's public REST surface is currently blocked for automated probes and its API domain does not resolve. Jupiter Perps stats API (perps-stats.jup.ag) is suspended. Both are parked pending a working public endpoint.
Why is SynFutures data sourced from CoinGecko instead of a direct API?
SynFutures' REST API requires authentication (AWS API Gateway). CoinGecko's free derivatives exchange endpoint provides the same rolling 24h volume figure with no API key required.
Source code github.com/ChainBench/OpenChainBench/tree/main/harnesses/perp-cohort-stats