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ALEX(ALEX)

Total Value Locked$842,018

TVL by Chain

Stacks$842,018

Key Metrics

Fees 30d$6,081
Fees 30d by chain

Stacks$6,081

Fees 7d$880

Stacks$880

Fees 24h$113

Stacks$113

Cumulative Fees$24,163

Stacks$24,163

Revenue 30d$3,020
Revenue 30d by chain

Stacks$3,020

Revenue 7d$438

Stacks$438

Revenue 24h$57

Stacks$57

Cumulative Revenue$12,013

Stacks$12,013

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)$35,362

Earnings 30d$3,020

Earnings 7d$438

Earnings 24h$57

Cumulative Earnings$12,013

DEX Volume 30d$1.3m
DEX Volume 30d by chain

Stacks$1.3m

DEX Volume 7d$186,777

Stacks$186,777

DEX Volume 24h$23,824

Stacks$23,824

Cumulative DEX Volume$657.01m

Stacks$657.01m

Market Cap$2.03m

$ALEX Price$0.0022

All Time High$0.54

All Time Low$0.00052

View $ALEX token page

Fully Diluted Valuation$2.22m

Outstanding FDV$2.22m

$ALEX Volume 24h$32,689

CEX Volume$60,128

DEX Volume$1,811(5.54% 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

WebsiteGitHubX/Twitter
ALEX token unlocks
Category:Dexs

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 GitHub

Incentives: 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

Bitflow ($2.62m)Velar AMM ($367,270)StackSwap ($104,579)Satoshi DEX ($4,859)Uniswap V3 ($1.41b)PancakeSwap AMM ($1.353b)Uniswap V4 ($1.108b)Curve DEX ($1.041b)Raydium AMM ($910.96m)Uniswap V2 ($763.21m)

Closest by TVL

Atrix ($858,813)Reactor DEX ($849,557)Pact ($824,217)Ashswap ($807,982)

ALEX history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 24, 2022 to Nov 13, 2026.

All-time high TVL: $108.08m on Apr 9, 2024. All-time low TVL: $687,992 on Aug 13, 2026.

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

DateTVL
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
Nov 3, 2026$1.17m
Nov 4, 2026$984,004
Nov 5, 2026$1.08m
Nov 6, 2026$1.01m
Nov 7, 2026$1.01m
Nov 8, 2026$987,928
Nov 9, 2026$955,794
Nov 10, 2026$935,368
Nov 11, 2026$931,144
Nov 12, 2026$913,143
Nov 13, 2026$825,358

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
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 13, 2026 (latest)$825,358

TVL at each year end, Dec 31, 2022 to Dec 31, 2025

DateTVL
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

MonthFeesRevenueHolders 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)$2,810$1,392$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 13, 2026, ALEX has $842,018 in total value locked. TVL has decreased 43.8% over the past 30 days.

What chains does ALEX operate on?

ALEX operates on Stacks. Stacks holds the largest share at 100%.

How much has ALEX generated in fees and revenue?

Over the past 30 days, ALEX generated $6,081 in fees. Of that, $3,020 was protocol revenue. Based on the trailing year, the annualized rate is $71,125 in fees and $35,362 in revenue.

What is the ALEX token price and valuation?

ALEX is currently trading at $0.0022. Its circulating market capitalization is $2.03m, ranking it #2,740. Its fully diluted valuation is $2.22m. Supply currently stands at 914.48m circulating, 1b total supply, 1b maximum supply.

How has ALEX performed recently?

ALEX is down 27.7% over the past 7 days and down 57.9% over the past 30 days. Its all-time high is $0.54, reached on Apr 1, 2024. The token is currently 99.6% below that level.

How does ALEX's TVL compare to similar protocols?

Among Dexs protocols tracked by DefiLlama, ALEX ranks #246 by TVL. The category holds $11.849b across 1,935 protocols, and ALEX accounts for <0.1% of that total. Similar protocols include Bitflow, Velar AMM, StackSwap, Satoshi DEX, Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, Raydium AMM, and Uniswap V2.

How much trading volume does ALEX process?

ALEX processed $1.3m 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.