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).

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etherscan

website

Derivative exchanges

# Gas used Methodology

## Overview

Gas used measures the total gas consumed by an application. It reflects how much users are willing to incur transaction costs when using the application.

CapCAP

Archived

Gas used

Gas used

Competitive landscape

Chain breakdown