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

Merkle Trade is a non-custodial perpetual exchange protocol built on Aptos.

MKL tokenholders own and govern the protocol. They do currently take a cut of the total trading fees paid by traders (revenue). Merkle Trade's investors include Arrington Capital, Hashed, etc.

twitter

discord

website

github

Derivative exchanges

Merkle Trade

# Core developers Methodology

## Overview

Core developers measures the number of unique GitHub contributors who made at least one commit to the project’s public repositories over the past 30 days. For fully open source projects, it reflects the size of the project’s active engineering base.

Unique contributors who made at least one public commit over the past 30 days.

Merkle TradeMKL

Archived

Core developers

Core developers

Competitive landscape