Ask about Swerve · freeSwerve(SWRV)
Total Value Locked$304,642
TVL by Chain
Ethereum$304,642
Protocol Information
Swerve is a community fork of curve.fi designed for efficient stablecoin trading.
Sub Category: StableSwap
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubHacks
Date: Mar 25, 2023
Amount: $1.3m
Classification: Governance
Technique: Malicious Proposal
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Swerve history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 7, 2020 to Oct 20, 2026.
All-time high TVL: $38.46m on Nov 18, 2020. All-time low TVL: $302,004 on Oct 3, 2024.
Daily TVL, Sep 21, 2026 to Oct 20, 2026
| Date | TVL |
|---|---|
| Sep 21, 2026 | $305,431 |
| Sep 22, 2026 | $305,441 |
| Sep 23, 2026 | $305,469 |
| Sep 24, 2026 | $305,465 |
| Sep 25, 2026 | $305,441 |
| Sep 26, 2026 | $305,477 |
| Sep 27, 2026 | $305,471 |
| Sep 28, 2026 | $304,864 |
| Sep 29, 2026 | $304,902 |
| Sep 30, 2026 | $304,871 |
| Oct 1, 2026 | $304,867 |
| Oct 2, 2026 | $304,913 |
| Oct 3, 2026 | $304,825 |
| Oct 4, 2026 | $304,788 |
| Oct 5, 2026 | $304,821 |
| Oct 6, 2026 | $304,777 |
| Oct 7, 2026 | $304,807 |
| Oct 8, 2026 | $304,688 |
| Oct 9, 2026 | $304,667 |
| Oct 10, 2026 | $304,700 |
| Oct 11, 2026 | $304,696 |
| Oct 12, 2026 | $304,690 |
| Oct 13, 2026 | $304,681 |
| Oct 14, 2026 | $304,759 |
| Oct 15, 2026 | $304,708 |
| Oct 16, 2026 | $304,667 |
| Oct 17, 2026 | $304,699 |
| Oct 18, 2026 | $304,754 |
| Oct 19, 2026 | $304,725 |
| Oct 20, 2026 | $304,681 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $303,994 |
| Dec 31, 2024 | $303,995 |
| Jan 31, 2025 | $304,336 |
| Feb 28, 2025 | $304,396 |
| Mar 31, 2025 | $304,892 |
| Apr 30, 2025 | $305,274 |
| May 31, 2025 | $305,531 |
| Jun 30, 2025 | $305,685 |
| Jul 31, 2025 | $305,288 |
| Aug 31, 2025 | $305,465 |
| Sep 30, 2025 | $305,819 |
| Oct 31, 2025 | $305,946 |
| Nov 30, 2025 | $305,952 |
| Dec 31, 2025 | $305,136 |
| Jan 31, 2026 | $304,851 |
| Feb 28, 2026 | $305,246 |
| Mar 31, 2026 | $305,115 |
| Apr 30, 2026 | $305,343 |
| May 31, 2026 | $305,111 |
| Jun 30, 2026 | $305,064 |
| Jul 31, 2026 | $304,980 |
| Aug 31, 2026 | $305,324 |
| Sep 30, 2026 | $304,871 |
| Oct 20, 2026 (latest) | $304,681 |
TVL at each year end, Dec 31, 2020 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2020 | $22.01m |
| Dec 31, 2021 | $2.24m |
| Dec 31, 2022 | $1.28m |
| Dec 31, 2023 | $345,673 |
| Dec 31, 2024 | $303,995 |
| Dec 31, 2025 | $305,136 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/swerve
Frequently asked questions
What is Swerve's TVL?
As of Oct 20, 2026, Swerve has $304,642 in total value locked. TVL has decreased 0.2% over the past 30 days.
What chains does Swerve operate on?
Swerve operates on Ethereum. Ethereum holds the largest share at 100%.
How does Swerve's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Swerve ranks #414 by TVL. The category holds $14.057b across 1,917 protocols, and Swerve accounts for <0.1% of that total. Other leading protocols include Uniswap V3, Uniswap V4, PancakeSwap AMM, Curve DEX, Uniswap V2, PancakeSwap AMM V3, Fluid DEX, THORChain DEX, SushiSwap V3, and SushiSwap.
Has Swerve ever been exploited?
Swerve has 1 recorded security incident. The most recent incident occurred on Mar 25, 2023 and involved $1.3m. It was classified as Governance.