Total Value Locked$162,552
TVL by Chain
Ethereum$112,714
Polygon$25,650
Arbitrum$12,286
OP Mainnet$11,902
Key Metrics
Fees 30d$250.76
Fees 30d by chain
Ethereum$250.76
Fees 7d$33.65
Ethereum$33.65
Fees 24h$8.29
Ethereum$8.29
Cumulative Fees$5.31m
Ethereum$5.04m
Base$216,840
Arbitrum$31,639
OP Mainnet$11,646
Polygon$6,071
Revenue 30d$0
Revenue 30d by chain
Ethereum$0
Revenue 7d$0
Ethereum$0
Revenue 24h$0
Ethereum$0
Cumulative Revenue$0
Ethereum$0
Protocol Information
Arrakis V2 is a next-generation market-making infrastructure built on top of Uniswap V3. Its unique functionalities allow the creation and automated execution of sophisticated market-making strategies on Uniswap V3 that previously were only feasible on CEXs.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Gross Uniswap V3 LP fees accrued across all ArrakisV2 vault positions before management fees cut.View code on GitHubRevenue: No protocol revenue.View code on GitHubArrakis V2 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 13, 2023 to Nov 6, 2026.
All-time high TVL: $48.98m on Dec 8, 2024. All-time low TVL: $134,142 on Aug 19, 2026.
Daily TVL, Oct 8, 2026 to Nov 6, 2026
| Date | TVL |
|---|---|
| Oct 8, 2026 | $169,203 |
| Oct 9, 2026 | $162,487 |
| Oct 10, 2026 | $173,143 |
| Oct 11, 2026 | $181,595 |
| Oct 12, 2026 | $171,806 |
| Oct 13, 2026 | $163,332 |
| Oct 14, 2026 | $166,855 |
| Oct 15, 2026 | $171,943 |
| Oct 16, 2026 | $170,484 |
| Oct 17, 2026 | $173,666 |
| Oct 18, 2026 | $176,686 |
| Oct 19, 2026 | $170,052 |
| Oct 20, 2026 | $163,909 |
| Oct 21, 2026 | $168,280 |
| Oct 22, 2026 | $170,072 |
| Oct 23, 2026 | $169,660 |
| Oct 24, 2026 | $166,320 |
| Oct 25, 2026 | $169,512 |
| Oct 26, 2026 | $165,100 |
| Oct 27, 2026 | $159,503 |
| Oct 28, 2026 | $166,446 |
| Oct 29, 2026 | $171,279 |
| Oct 30, 2026 | $164,617 |
| Oct 31, 2026 | $169,297 |
| Nov 1, 2026 | $167,743 |
| Nov 2, 2026 | $159,678 |
| Nov 3, 2026 | $157,168 |
| Nov 4, 2026 | $159,631 |
| Nov 5, 2026 | $174,295 |
| Nov 6, 2026 | $161,747 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $41.91m |
| Jan 31, 2025 | $38.56m |
| Feb 28, 2025 | $26.6m |
| Mar 31, 2025 | $20.76m |
| Apr 30, 2025 | $18.75m |
| May 31, 2025 | $19.58m |
| Jun 30, 2025 | $13.34m |
| Jul 31, 2025 | $13.2m |
| Aug 31, 2025 | $7.46m |
| Sep 30, 2025 | $6.32m |
| Oct 31, 2025 | $3.93m |
| Nov 30, 2025 | $1.17m |
| Dec 31, 2025 | $320,364 |
| Jan 31, 2026 | $263,133 |
| Feb 28, 2026 | $207,382 |
| Mar 31, 2026 | $218,304 |
| Apr 30, 2026 | $222,413 |
| May 31, 2026 | $211,554 |
| Jun 30, 2026 | $172,235 |
| Jul 31, 2026 | $158,505 |
| Aug 31, 2026 | $170,887 |
| Sep 30, 2026 | $193,289 |
| Oct 31, 2026 | $169,297 |
| Nov 6, 2026 (latest) | $161,747 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $19.85m |
| Dec 31, 2024 | $41.91m |
| Dec 31, 2025 | $320,364 |
Fees and revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Dec 2024 | $1.05m | — |
| Jan 2025 | $532,966 | — |
| Feb 2025 | $358,923 | — |
| Mar 2025 | $305,186 | — |
| Apr 2025 | $198,882 | — |
| May 2025 | $390,776 | — |
| Jun 2025 | $203,558 | — |
| Jul 2025 | $207,187 | — |
| Aug 2025 | $111,245 | — |
| Sep 2025 | $49,236 | — |
| Oct 2025 | $67,406 | — |
| Nov 2025 | $20,368 | — |
| Dec 2025 | $5,748 | — |
| Jan 2026 | $334 | — |
| Feb 2026 | $345 | — |
| Mar 2026 | $548 | — |
| Apr 2026 | $575 | — |
| May 2026 | $250.71 | — |
| Jun 2026 | $630.73 | $0 |
| Jul 2026 | $480.17 | $0 |
| Aug 2026 | $299.72 | $0 |
| Sep 2026 | $430.92 | $0 |
| Oct 2026 | $276.46 | $0 |
| Nov 2026 (to date) | $32.33 | $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/arrakis-v2
Frequently asked questions
What is Arrakis V2's TVL?
As of Nov 6, 2026, Arrakis V2 has $162,552 in total value locked. TVL has decreased 6.7% over the past 30 days.
What chains does Arrakis V2 operate on?
Arrakis V2 operates on 5 chains: Ethereum, Polygon, Arbitrum, OP Mainnet, and Base. Ethereum holds the largest share at 69.3%.
How much has Arrakis V2 generated in fees and revenue?
Over the past 30 days, Arrakis V2 generated $250.76 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $23,362 in fees.