Liquidity providers deposit funds into Cap and receive trading fees from traders (supply-side fees).

Cap is a non-custodial exchange for perpetual contracts built on Arbitrum. Cap was founded by an anonymous team and launched in 2021.

CAP token holders own and govern the protocol. They currently take a cut of trading fees paid by traders (revenue).

github

twitter

discord

etherscan

website

Derivative exchanges

# Code commits Methodology

## Overview

Code commits measures the total number of commits made to the project’s public GitHub repositories. It reflects how actively the codebase is being updated.

Total commits made to the project's public repositories.

CapCAP

Archived

Code commits

Code commits

Competitive landscape