Total Value Locked$14.5m
TVL by Chain
Ethereum$14.5m
Key Metrics
Fees 30d$13,557
Fees 30d by chain
Ethereum$13,557
Fees 7d$6,051
Ethereum$6,051
Fees 24h$169
Ethereum$169
Cumulative Fees$4.61m
Ethereum$4.61m
Revenue 30d$2,710
Revenue 30d by chain
Ethereum$2,710
Revenue 7d$1,210
Ethereum$1,210
Revenue 24h$33.75
Ethereum$33.75
Cumulative Revenue$19,782
Ethereum$19,782
Holders Revenue 30d$2,710
Holders Revenue 30d by chain
Ethereum$2,710
Holders Revenue 7d$1,210
Ethereum$1,210
Holders Revenue 24h$33.75
Ethereum$33.75
Cumulative Holders Revenue$19,782
Ethereum$19,782
DEX Volume 30d$1.68m
DEX Volume 30d by chain
Ethereum$1.68m
DEX Volume 7d$646,486
Ethereum$646,486
DEX Volume 24h$19,349
Ethereum$19,349
Cumulative DEX Volume$568.35m
Ethereum$568.35m
Protocol Information
Bancor is an on-chain liquidity protocol that enables automated, decentralized exchange on Ethereum and across blockchains.
Sub Category: CLMM
Audits:
Methodology
TVL: Counts the tokens in the Master Vault Contract.View code on GitHubFees: Swap fees charged on trades in the target token.View code on GitHubRevenue: There are 20% fees are collected as revenue.View code on GitHubHolders Revenue: All revenue are used to buy back and burn vBNT tokens.View code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubYields
Pools Tracked16
Average Supply APY0.084%
Hacks
Date: Jul 9, 2018
Amount: $23.5m
Classification: Key Compromise
Technique: Hot Wallet Key Compromised
Bancor decentralized exchange platform suffered a security breach on July 9, 2018 where attackers gained unauthorized access to the platform's wallet containing BNT tokens, ETH, and other ERC-20 tokens. The attacker drained approximately $23.5 million in assets. Bancor identified the breach, secured affected accounts, and announced recovery and user compensation measures.
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: Jun 18, 2020
Amount: $544,885
Classification: Access Control
Technique: Improper Access Control
Bancor Network v0.6 smart contract lacked authentication on the 'from' address parameter, allowing anyone to use stored token approvals to steal user funds. The Bancor team conducted a self-exploit withdrawing $409,656, but front-runners capitalized on the same vulnerability extracting an additional $135,229 before patch deployment.
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Bancor V3 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 19, 2022 to Nov 3, 2026.
All-time high TVL: $88.93m on Aug 19, 2022. All-time low TVL: $13.15m on Aug 15, 2026.
Daily TVL, Oct 5, 2026 to Nov 3, 2026
| Date | TVL |
|---|---|
| Oct 5, 2026 | $17.71m |
| Oct 6, 2026 | $17.54m |
| Oct 7, 2026 | $17.33m |
| Oct 8, 2026 | $16.68m |
| Oct 9, 2026 | $16.01m |
| Oct 10, 2026 | $16.28m |
| Oct 11, 2026 | $16.37m |
| Oct 12, 2026 | $16.65m |
| Oct 13, 2026 | $15.91m |
| Oct 14, 2026 | $16.36m |
| Oct 15, 2026 | $15.84m |
| Oct 16, 2026 | $15.96m |
| Oct 17, 2026 | $15.81m |
| Oct 18, 2026 | $15.54m |
| Oct 19, 2026 | $15.44m |
| Oct 20, 2026 | $15.5m |
| Oct 21, 2026 | $15.87m |
| Oct 22, 2026 | $15.99m |
| Oct 23, 2026 | $15.45m |
| Oct 24, 2026 | $15.28m |
| Oct 25, 2026 | $15.26m |
| Oct 26, 2026 | $14.97m |
| Oct 27, 2026 | $15m |
| Oct 28, 2026 | $15.08m |
| Oct 29, 2026 | $15.22m |
| Oct 30, 2026 | $14.06m |
| Oct 31, 2026 | $14.64m |
| Nov 1, 2026 | $14.68m |
| Nov 2, 2026 | $14.6m |
| Nov 3, 2026 | $14.33m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $49.25m |
| Jan 31, 2025 | $49.12m |
| Feb 28, 2025 | $33.72m |
| Mar 31, 2025 | $27.72m |
| Apr 30, 2025 | $30m |
| May 31, 2025 | $37.25m |
| Jun 30, 2025 | $36.08m |
| Jul 31, 2025 | $45.85m |
| Aug 31, 2025 | $48.65m |
| Sep 30, 2025 | $44.09m |
| Oct 31, 2025 | $37.34m |
| Nov 30, 2025 | $29.26m |
| Dec 31, 2025 | $27.4m |
| Jan 31, 2026 | $24.1m |
| Feb 28, 2026 | $18.14m |
| Mar 31, 2026 | $18.33m |
| Apr 30, 2026 | $19.72m |
| May 31, 2026 | $19.73m |
| Jun 30, 2026 | $15.45m |
| Jul 31, 2026 | $16.37m |
| Aug 31, 2026 | $16.12m |
| Sep 30, 2026 | $17.7m |
| Oct 31, 2026 | $14.64m |
| Nov 3, 2026 (latest) | $14.33m |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $57.53m |
| Dec 31, 2023 | $54.03m |
| Dec 31, 2024 | $49.25m |
| Dec 31, 2025 | $27.4m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $55,448 | — | — |
| Jan 2025 | $90,772 | — | — |
| Feb 2025 | $65,455 | — | — |
| Mar 2025 | $53,139 | — | — |
| Apr 2025 | $31,260 | — | — |
| May 2025 | $66,430 | — | — |
| Jun 2025 | $34,442 | — | — |
| Jul 2025 | $33,209 | — | — |
| Aug 2025 | $75,092 | — | — |
| Sep 2025 | $25,979 | — | — |
| Oct 2025 | $86,721 | — | — |
| Nov 2025 | $31,023 | — | — |
| Dec 2025 | $22,976 | — | — |
| Jan 2026 | $10,503 | — | — |
| Feb 2026 | $18,701 | — | — |
| Mar 2026 | $8,111 | $1,602 | $1,602 |
| Apr 2026 | $13,110 | $2,603 | $2,603 |
| May 2026 | $12,699 | $2,538 | $2,538 |
| Jun 2026 | $13,221 | $2,645 | $2,645 |
| Jul 2026 | $6,173 | $1,236 | $1,236 |
| Aug 2026 | $12,013 | $2,398 | $2,398 |
| Sep 2026 | $19,032 | $3,808 | $3,808 |
| Oct 2026 | $14,113 | $2,822 | $2,822 |
| Nov 2026 (to date) | $813 | $162.82 | $162.82 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/bancor-v3
Frequently asked questions
What is Bancor V3's TVL?
As of Nov 3, 2026, Bancor V3 has $14.5m in total value locked. TVL has decreased 17.6% over the past 30 days.
What chains does Bancor V3 operate on?
Bancor V3 operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Bancor V3 generated in fees and revenue?
Over the past 30 days, Bancor V3 generated $13,557 in fees. Of that, $2,710 was protocol revenue. Based on the trailing year, the annualized rate is $193,428 in fees and $29,714 in revenue.
How does Bancor V3's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Bancor V3 ranks #60 by TVL. The category holds $12.817b across 1,927 protocols, and Bancor V3 accounts for 0.1% of that total. Similar protocols include Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, Uniswap V2, PancakeSwap AMM V3, Fluid DEX, Aero Slipstream, THORChain DEX, and Aero Basic.
How much trading volume does Bancor V3 process?
Bancor V3 processed $1.68m in DEX volume over the past 30 days.
Has Bancor V3 ever been exploited?
Bancor V3 has 2 recorded security incidents. The most recent incident occurred on Jun 18, 2020 and involved $544,885. It was classified as Access Control.