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2xSwap

Total Value Locked$5,241

TVL by Chain

Ethereum$5,241

Protocol Information

2x leverage swaps with no liquidation and no interest. Liquidity providers deposit USDC into an ERC-4626 vault.

Category:Derivatives

2xSwap history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 6, 2026 to Nov 13, 2026.

All-time high TVL: $15,427 on Apr 6, 2026. All-time low TVL: $517 on May 6, 2026.

Daily TVL, Oct 15, 2026 to Nov 13, 2026

DateTVL
Oct 15, 2026$5,240
Oct 16, 2026$5,239
Oct 17, 2026$5,240
Oct 18, 2026$5,240
Oct 19, 2026$5,241
Oct 20, 2026$5,241
Oct 21, 2026$5,240
Oct 22, 2026$5,240
Oct 23, 2026$5,239
Oct 24, 2026$5,240
Oct 25, 2026$5,239
Oct 26, 2026$5,240
Oct 27, 2026$5,238
Oct 28, 2026$5,238
Oct 29, 2026$5,239
Oct 30, 2026$5,236
Oct 31, 2026$5,241
Nov 1, 2026$5,241
Nov 2, 2026$5,240
Nov 3, 2026$5,240
Nov 4, 2026$5,241
Nov 5, 2026$5,240
Nov 6, 2026$5,241
Nov 7, 2026$5,241
Nov 8, 2026$5,240
Nov 9, 2026$5,240
Nov 10, 2026$5,240
Nov 11, 2026$5,241
Nov 12, 2026$5,240
Nov 13, 2026$5,240

TVL at each month end, Mar 2026 to Nov 2026

DateTVL
Mar 31, 2026$15,220
Apr 30, 2026$5,076
May 31, 2026$517
Jun 30, 2026$5,239
Jul 31, 2026$5,240
Aug 31, 2026$5,240
Sep 30, 2026$5,241
Oct 31, 2026$5,241
Nov 13, 2026 (latest)$5,240

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/2xswap

Frequently asked questions

What is 2xSwap's TVL?

As of Nov 13, 2026, 2xSwap has $5,241 in total value locked. TVL has increased <0.1% over the past 30 days.

What chains does 2xSwap operate on?

2xSwap operates on Ethereum. Ethereum holds the largest share at 100%.

How does 2xSwap's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, 2xSwap ranks #176 by TVL. The category holds $1.753b across 425 protocols, and 2xSwap accounts for <0.1% of that total. Similar protocols include Extended Perps, AZverse Perps, Apex Omni, Aevo Perps, dYdX V3, Contango V2, Hakka Finance, AlphaX, Strike Finance Perpetuals, and ApeX Pro.