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