TVL represents the USD value of the liquidity held in a protocol. A higher TVL indicates greater liquidity depth, supporting trading activity in the perp DEX.

The APR denotes the projected annualized return of liquidity providers. The calculation method for APR may differ between protocols. For more information, refer to the LP Reward tab.

Fees represent the fees collected by the protocol from users. The percentage fee split to liquidity providers may differ across protocols. For additional information, refer to the LP Reward tab.

The Long-Short ratio of a trader indicates the size and proportion of their current unrealized positions. A more balanced Long-Short ratio typically implies that the trader's PnL impact on LP prices will be less significant.