PERPSATLAS RESEARCHRESEARCH PREVIEW 01
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Reya

A derivatives exchange. The current comparison tracks reported trading volume, open positions and protocol revenue.

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Snapshot checked 2026-09-22 · Source: DefiLlama ↗ · combined protocol profile
Volume · 24h$84.66M
Volume · 7d$684.90M
Volume · 30d$2.92B
Open interest$8.06M
TVL$14.98M
Fees · 30d$29.24K
Revenue · 30d$9.98K
Holders revenue · 30d
Token price
Market cap
FDV
FAIR VALUE

Valuation under review

Verified inputs for value capture, token supply and future unlocks are incomplete. A numerical range is not published yet.

How valuation works →
WEEKLY CHANGES

Baseline snapshot

Timestamped TVL history is available below. The weekly page compares compatible observations; volume-rank changes are not yet calculated.

View the research log →
AUTOMATED OBSERVATION / SEPARATE SCOPE

TVL · $15.12M

Fresh · Observed 2026-09-22T09:02:23Z

2026-06-25 → 2026-09-22 · Range $14.13M–$16.74M · Chart scale starts at the series minimum, not zero.

DefiLlama top-level protocol TVL; component methodology not supplied · Source ↗. This series may differ from combined-profile baseline TVL above.

RESEARCH DESK · 2026-09-22

What matters here

Assess the move toward the proposed Ethereum-native design separately from current operating metrics.

Team

The cited token-design article is published by Reya Labs and shared by the foundation. Individual biographies have not been verified in this edition.

Primary source ↗

Investors

A reconciled primary-source funding table is not published in this edition.

Not verified in this edition

Unlocks

The March 2026 design specifies 8 billion REYA and a one-year team/investor lock followed by three years of monthly vesting. Live launch and unlock dates are not verified here.

Primary source ↗

Buyback

The proposed Assistance Fund targets 80% REYA and 20% ETH purchases. Governance controls activation, and early fees may support growth instead. Planned purchases are not counted as realized holder revenue.

Primary source ↗

Utility

The design includes security staking, governance and trading benefits. Deployment and economic activation must be verified independently.

Primary source ↗

Listings

The March design article discusses upcoming listings; it is insufficient evidence of a current liquid market.

Primary source ↗

What to compare next

Compare volume quality, fee economics, dilution and actual value reaching token holders. Affiliate payouts never affect rankings.

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