AprScope

Options

GammaSwap Open Interest

Total TVL

$709.6K

Active pools

11

Chains supported

3

Official site: https://app.gammaswap.com/ ↗

Overview

GammaSwap Open Interest is an options protocol that enables users to trade and settle derivatives positions without holding the underlying assets, generating revenue through premiums collected on executed trades. Participants can manage risk by buying or selling options contracts, with value accruing from premium payments.

The protocol holds $1.4M in TVL across 12 active pools on 2 chains: Arbitrum leads at 78%, followed by Base at 22%. This distribution highlights a strong focus on newer Layer 2 networks, indicating a preference for lower fees and faster transaction times over established Layer 1s.

Audit posture is light, with just one audit reference in the data. The protocol has an official website but lacks market cap information, suggesting that token economics are not publicly disclosed or are less significant compared to its operational metrics.

Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.

TVL by chain

Chain TVL on chain
Arbitrum $502.7K
Base $206.8K
Ethereum $138

TVL history

TVL over time

Top pools

Chain Symbol TVL APY
Arbitrum WETH-GS $578.4K 8.76%
Arbitrum WETH-USDC $135.3K 1.73%
Base WETH-USDC $130.8K 7.42%
Arbitrum WBTC-WETH $127.4K 0.28%

FAQ

What is GammaSwap Open Interest?

Trade perpetual options using DEX liquidity

How much TVL does GammaSwap Open Interest have?

GammaSwap Open Interest has $709.6K in total value locked across all supported chains as of the last refresh.

How many active pools does GammaSwap Open Interest have?

We currently track 11 active pools for GammaSwap Open Interest.

Is GammaSwap Open Interest audited?

DefiLlama lists 1 audit for GammaSwap Open Interest. Audits reduce smart-contract risk but do not eliminate it.

See our methodology for how this data is collected.