{"id":"9406","name":"Parchment","address":null,"symbol":"-","url":"","description":"Parchment is a perpetuals exchange on Sui. Traders post USDC margin and take leveraged long or short positions on crypto, equities and commodities, filled at Pyth Lazer oracle prices against a house pool","chain":"Sui","logo":"https://icons.llamao.fi/icons/protocols/parchment","audits":"0","gecko_id":null,"cmcId":null,"category":"Derivatives","oraclesBreakdown":[{"name":"Pyth","type":"Primary","proof":["https://docs.parchment.trade/contracts","https://docs.parchment.trade/trading/orders"]}],"chains":["Sui"],"module":"parchment/index.js","twitter":"tradeparchment","listedAt":1794436224,"methodology":"USDC held in the Parchment Exchange vault: trader free balances, margin of open positions, queued payouts and the house pool that is every trade's counterparty. Trading fees earned by the protocol and stakers that still sit in the vault are excluded. Trading volume is high relative to TVL because markets allow 100x-1000x leverage on small margins, and positions are short-lived.","tvlCodePath":"https://github.com/DefiLlama/DefiLlama-Adapters/blob/main/projects/parchment/index.js","chainTvls":{"Sui":{"tvl":[{"date":1794355200,"totalLiquidityUSD":8113},{"date":1794441600,"totalLiquidityUSD":8344},{"date":1794472439,"totalLiquidityUSD":7908}],"tokensInUsd":[{"date":1794355200,"tokens":{"USDC":8113.08084}},{"date":1794441600,"tokens":{"USDC":8344.04503}},{"date":1794472439,"tokens":{"USDC":7908.76695}}],"tokens":[{"date":1794355200,"tokens":{"USDC":8114.71181}},{"date":1794441600,"tokens":{"USDC":8345.38997}},{"date":1794472439,"tokens":{"USDC":7910.71492}}]}},"tvl":[{"date":1794355200,"totalLiquidityUSD":8113},{"date":1794441600,"totalLiquidityUSD":8344},{"date":1794472439,"totalLiquidityUSD":7908}],"tokensInUsd":[{"date":1794355200,"tokens":{"USDC":8113.08084}},{"date":1794441600,"tokens":{"USDC":8344.04503}},{"date":1794472439,"tokens":{"USDC":7908.76695}}],"tokens":[{"date":1794355200,"tokens":{"USDC":8114.71181}},{"date":1794441600,"tokens":{"USDC":8345.38997}},{"date":1794472439,"tokens":{"USDC":7910.71492}}],"currentChainTvls":{"Sui":7908.76695},"raises":[],"hacks":[],"mcap":null}