Ask about ALEX · freeTotal Value Locked$1.19m
TVL by Chain
Stacks$1.19m
Key Metrics
Fees 30d$6,283
Fees 30d by chain
Stacks$6,283
Fees 7d$1,136
Stacks$1,136
Fees 24h$190
Stacks$190
Cumulative Fees$21,543
Stacks$21,543
Revenue 30d$3,132
Revenue 30d by chain
Stacks$3,132
Revenue 7d$567
Stacks$567
Revenue 24h$95
Stacks$95
Cumulative Revenue$10,716
Stacks$10,716
Holders Revenue 30d$0
Holders Revenue 30d by chain
Stacks$0
Holders Revenue 7d$0
Stacks$0
Holders Revenue 24h$0
Stacks$0
Cumulative Holders Revenue$0
Stacks$0
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$34,615
Earnings 30d$3,132
Earnings 7d$567
Earnings 24h$95
Cumulative Earnings$10,716
DEX Volume 30d$1.32m
DEX Volume 30d by chain
Stacks$1.32m
DEX Volume 7d$256,323
Stacks$256,323
DEX Volume 24h$52,237
Stacks$52,237
Cumulative DEX Volume$656.45m
Stacks$656.45m
Market Cap$3.43m
$ALEX Price$0.0038
Fully Diluted Valuation$3.77m
Outstanding FDV$3.77m
$ALEX Volume 24h$80,432
CEX Volume$78,949
DEX Volume$1,340(1.67% of total)
Total Raised$15.8m
Nov 15, 2021$5.8mRound: SeedInvestors: Cultur3 Capital, GBIC, OK Blockchain Capital, SeaX Ventures, White Star Capital
Dec 20, 2023Round: StrategicInvestors: LK Ventures
Mar 26, 2024$10mRound: StrategicInvestors: Spartan Capital, CMS Holdings, DACM, DWF Labs, Foresight Ventures, G-20 Group, Ouroboros Capital, Summer Capital, Cultur3 Capital, EVG
Protocol Information
Next Gen DeFi on Bitcoin via Stacks. Building Financial Infrastructure on Bitcoin through Stacks
Sub Category: AMM
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total swap fees paid by ALEX AMM traders.View code on GitHubRevenue: ALEX AMM swap fees retained by ALEX Lab Foundation after LP rebates.View code on GitHubHolders Revenue: Money going to governance token holdersView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Hacks
Date: May 16, 2024
Amount: $4.3m
Classification: Social Engineering
Technique: Phishing
On May 15-16, 2024, Alex Lab's XLink bridge private key was compromised through a phishing attack attributed to state-sponsored actors. Attackers transferred approximately $300,000 in BTC, $3.3M in stablecoins, and $75,000 in SKO tokens across the bridge.
Chains: Stacks
Bridge Hack
Target Type: DeFi Protocol
Date: Jun 6, 2025
Amount: $8.37m
Classification: Access Control
Technique: Caller Impersonation
On June 6, 2025, ALEX Protocol suffered an $8.37M exploit. Attacker deployed a malicious token with custom transfer logic, used it to spoof as-contract origin and masquerade as the vault, draining 8.4M STX, 21.85 sBTC, and stablecoins due to failed access control verification.
Chains: Stacks
Language: Clarity
Target Type: DeFi Protocol
Competitors
ALEX history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 24, 2022 to Nov 2, 2026.
All-time high TVL: $108.08m on Apr 9, 2024. All-time low TVL: $687,992 on Aug 13, 2026.
Daily TVL, Oct 4, 2026 to Nov 2, 2026
| Date | TVL |
|---|---|
| Oct 4, 2026 | $1.45m |
| Oct 5, 2026 | $1.48m |
| Oct 6, 2026 | $1.41m |
| Oct 7, 2026 | $1.42m |
| Oct 8, 2026 | $1.38m |
| Oct 9, 2026 | $1.45m |
| Oct 10, 2026 | $1.42m |
| Oct 11, 2026 | $1.45m |
| Oct 12, 2026 | $1.42m |
| Oct 13, 2026 | $1.42m |
| Oct 14, 2026 | $1.5m |
| Oct 15, 2026 | $1.45m |
| Oct 16, 2026 | $1.41m |
| Oct 17, 2026 | $1.36m |
| Oct 18, 2026 | $1.31m |
| Oct 19, 2026 | $1.32m |
| Oct 20, 2026 | $1.3m |
| Oct 21, 2026 | $1.3m |
| Oct 22, 2026 | $1.33m |
| Oct 23, 2026 | $1.22m |
| Oct 24, 2026 | $1.18m |
| Oct 25, 2026 | $1.14m |
| Oct 26, 2026 | $1.15m |
| Oct 27, 2026 | $1.17m |
| Oct 28, 2026 | $1.17m |
| Oct 29, 2026 | $1.15m |
| Oct 30, 2026 | $1.08m |
| Oct 31, 2026 | $1.13m |
| Nov 1, 2026 | $1.2m |
| Nov 2, 2026 | $1.2m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $30.59m |
| Jan 31, 2025 | $30.03m |
| Feb 28, 2025 | $18.75m |
| Mar 31, 2025 | $17.7m |
| Apr 30, 2025 | $17.08m |
| May 31, 2025 | $21.01m |
| Jun 30, 2025 | $4.04m |
| Jul 31, 2025 | $4.26m |
| Aug 31, 2025 | $3.46m |
| Sep 30, 2025 | $4.2m |
| Oct 31, 2025 | $3.75m |
| Nov 30, 2025 | $3.02m |
| Dec 31, 2025 | $1.87m |
| Jan 13, 2026 | $2.11m |
| Feb 28, 2026 | $943,957 |
| Mar 31, 2026 | $725,218 |
| Apr 30, 2026 | $860,047 |
| May 31, 2026 | $978,879 |
| Jun 30, 2026 | $788,705 |
| Jul 31, 2026 | $742,013 |
| Aug 30, 2026 | $1.07m |
| Sep 30, 2026 | $1.26m |
| Oct 31, 2026 | $1.13m |
| Nov 2, 2026 (latest) | $1.2m |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $5.15m |
| Dec 31, 2023 | $43.54m |
| Dec 31, 2024 | $30.59m |
| Dec 31, 2025 | $1.87m |
Fees, revenue and holders revenue by UTC calendar month, Jul 2026 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jul 2026 | $2,548 | $1,269 | $0 |
| Aug 2026 | $4,098 | $2,034 | $0 |
| Sep 2026 | $8,009 | $3,979 | $0 |
| Oct 2026 | $6,698 | $3,339 | $0 |
| Nov 2026 (to date) | $190 | $95 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/alex
Frequently asked questions
What is ALEX's TVL?
As of Nov 2, 2026, ALEX has $1.19m in total value locked. TVL has decreased 16.7% over the past 30 days.
How much has ALEX generated in fees and revenue?
Over the past 30 days, ALEX generated $6,283 in fees. Of that, $3,132 was protocol revenue. Based on the trailing year, the annualized rate is $69,586 in fees and $34,615 in revenue.
What is the ALEX token price and valuation?
ALEX is currently trading at $0.0038. Its circulating market capitalization is $3.43m, ranking it #2,371. Its fully diluted valuation is $3.77m. Supply currently stands at 911.49m circulating, 1b total supply, 1b maximum supply.
How has ALEX performed recently?
ALEX is up 3.6% over the past 7 days and down 32.9% over the past 30 days. Its all-time high is $0.54, reached on Apr 1, 2024. The token is currently 99.3% below that level.
How does ALEX's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, ALEX ranks #211 by TVL. The category holds $12.833b across 1,925 protocols, and ALEX accounts for <0.1% of that total. Similar protocols include Bitflow, Velar AMM, StackSwap, Satoshi DEX, Uniswap V3, PancakeSwap AMM, Curve DEX, Uniswap V4, Raydium AMM, and Uniswap V2.
How much trading volume does ALEX process?
ALEX processed $1.32m in DEX volume over the past 30 days.
Has ALEX ever been exploited?
ALEX has 2 recorded security incidents. The most recent incident occurred on Jun 6, 2025 and involved $8.37m. It was classified as Access Control.