Protocol Information
BTC-Native stable and concentrated liquidity AMM
Sub Category: CLMM
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
bitCow history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 13, 2024 to Oct 28, 2026.
All-time high TVL: $37.55m on Jun 10, 2024. All-time low TVL: $115,403 on Feb 6, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $183,187 |
| Sep 30, 2026 | $183,339 |
| Oct 1, 2026 | $183,300 |
| Oct 2, 2026 | $183,829 |
| Oct 3, 2026 | $183,560 |
| Oct 4, 2026 | $183,573 |
| Oct 5, 2026 | $183,888 |
| Oct 6, 2026 | $183,717 |
| Oct 7, 2026 | $183,669 |
| Oct 8, 2026 | $183,193 |
| Oct 9, 2026 | $182,930 |
| Oct 10, 2026 | $182,988 |
| Oct 11, 2026 | $183,000 |
| Oct 12, 2026 | $183,078 |
| Oct 13, 2026 | $182,656 |
| Oct 14, 2026 | $183,053 |
| Oct 15, 2026 | $182,688 |
| Oct 16, 2026 | $182,688 |
| Oct 17, 2026 | $182,583 |
| Oct 18, 2026 | $182,630 |
| Oct 19, 2026 | $182,763 |
| Oct 20, 2026 | $182,720 |
| Oct 21, 2026 | $182,853 |
| Oct 22, 2026 | $182,473 |
| Oct 23, 2026 | $182,194 |
| Oct 24, 2026 | $182,035 |
| Oct 25, 2026 | $182,052 |
| Oct 26, 2026 | $181,852 |
| Oct 27, 2026 | $181,754 |
| Oct 28, 2026 | $181,854 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $7.68m |
| Dec 31, 2024 | $7.66m |
| Jan 31, 2025 | $7.67m |
| Feb 28, 2025 | $7.62m |
| Mar 31, 2025 | $4.66m |
| Apr 30, 2025 | $227,153 |
| May 31, 2025 | $231,838 |
| Jun 30, 2025 | $235,062 |
| Jul 31, 2025 | $238,809 |
| Aug 31, 2025 | $220,231 |
| Sep 30, 2025 | $143,083 |
| Oct 31, 2025 | $140,393 |
| Nov 30, 2025 | $125,764 |
| Dec 31, 2025 | $118,968 |
| Jan 31, 2026 | $121,376 |
| Feb 28, 2026 | $117,430 |
| Mar 31, 2026 | $118,656 |
| Apr 30, 2026 | $135,566 |
| May 31, 2026 | $195,945 |
| Jun 30, 2026 | $200,918 |
| Jul 31, 2026 | $182,223 |
| Aug 28, 2026 | $184,883 |
| Sep 30, 2026 | $183,339 |
| Oct 28, 2026 (latest) | $181,854 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $7.66m |
| Dec 31, 2025 | $118,968 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/bitcow
Frequently asked questions
What is bitCow's TVL?
As of Oct 28, 2026, bitCow has $181,772 in total value locked. TVL has decreased 0.9% over the past 30 days.
What chains does bitCow operate on?
bitCow operates on Bitlayer. Bitlayer holds the largest share at 100%.
How does bitCow's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, bitCow ranks #469 by TVL. The category holds $13.379b across 1,923 protocols, and bitCow accounts for <0.1% of that total. Similar protocols include Macaron AMM, iSwap Tech, Macaron StableSwap, BitZap, Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, Raydium AMM, and Uniswap V2.